SAP S4/HANA – 2023
SAP S4/HANA – 2023
SAP S/4HANA is a cloud-based ERP system that offers a number of benefits over its predecessor, SAP ECC, including real-time analytics, faster data processing times, and more efficient operation. As a result, S/4HANA has been gaining traction among businesses of all sizes in recent years but what are the key statistics that we have seen in 2023?
According to a recent survey by Tricentis, the adoption of SAP S/4HANA has surpassed SAP ECC, with 39.9% of organizations currently using it. However, the overall adoption of S/4HANA is still lower than expected due to migration challenges and varying rates of adoption across industries.
Other key statistics in 2023 include:
Number of customers: SAP has over 20,000 customers with active S/4HANA licenses.
Industry adoption rates: The industries with the highest adoption rates for S/4HANA are retail, manufacturing, and financial services.
Cloud adoption rates: Cloud-based S/4HANA solutions are becoming increasingly popular, with over 50% of new S/4HANA implementations being cloud-based.
Implementation costs: The cost of implementing S/4HANA varies depending on the size and complexity of the business. However, it is generally estimated to cost between $1 million and $10 million.
Return on investment (ROI): The ROI of S/4HANA can vary depending on the specific implementation. However, studies have shown that businesses can typically expect to see a ROI of 20% or more within two years of implementation.
In addition to the stats mentioned above, there are a number of other trends emerging in the SAP S/4HANA market in 2023. These include:
Increased use of artificial intelligence (AI) and machine learning (ML): SAP is investing heavily in AI and ML capabilities for S/4HANA. This is enabling businesses to automate tasks, improve decision-making, and gain new insights into their operations.
Growing demand for sustainability solutions: Businesses are increasingly looking for ways to reduce their environmental impact. SAP is offering a number of sustainability solutions for S/4HANA, such as carbon footprint tracking and renewable energy integration.
Focus on employee experience: Businesses are realizing that the employee experience is critical to their success. SAP is offering a number of solutions for S/4HANA that can help businesses to improve the employee experience, such as mobile access and self-service capabilities.
Focus on data quality and accuracy: Businesses are realizing the importance of having high-quality data in order to get the most out of S/4HANA. As a result, there is a growing focus on data quality and accuracy initiatives.
Integration with other systems: Businesses are looking to integrate S/4HANA with other systems, such as CRM and SCM systems, to create a more holistic view of their operations.
Enhanced reporting capabilities: Businesses are demanding more sophisticated reporting capabilities from their ERP systems. As a result, SAP is investing in new reporting features for S/4HANA.
The adoption of SAP S/4HANA is on the rise, and it is expected to continue to grow in the coming years. Businesses of all sizes are realizing the value of S/4HANA and are moving forward with implementations. If you are considering adopting S/4HANA, it is important to work with a qualified SAP partner, like Resolve Tech Solutions (RTS), to ensure that you get the most out of your investment.