Enterprise Software: Need For Constant Innovation
With increasing complexity posed by emerging technologies, the need of the hour is to simplify processes. As adoption of technologies like mobile, cloud and Internet of Things gains momentum, enterprises are required to be prepared for a deluge of data and must have a system in place to derive maximum value from the data. They need to know the essentials to build the right enterprise software and analyze data.
SAP India’s new product SAP S/4 HANA promises access to the capability for planning, execution, prediction and simulation from within the business application. Built on the advanced in-memory platform, SAP HANA and is designed on the most modern design principles with the SAP Fiori® user experience (UX) for mobile devices. SAP’s new product is in tune with the need for constant innvoation to enable enterprises gear up to new technology demands.
“SAP’s vision and strategy is to help customers run simple to drive the perfect enterprise. To deliver on this mission, we are redefining how enterprise software creates value in a digital, networked, yet complex world”, said Dilipkumar Khandelwal, Managing Director, SAP Labs India & Executive Vice President, Suite Engineering, SAP SE. “SAP S/4 HANA is designed to drive instant value across lines of business and industries with the ultimate sophistication: simplicity”, he added.
Designed to drive business innovation with simplicity by connecting people, devices and business networks in real time, SAP S/4 HANA will extend the value of simplicity to all lines of business and industries end-to-end with guided configuration for adoption.
Analytics plays a significant role in business decisions. “In 2015, more IT organizations will begin instrumenting network architectures with predictive analytics to create self-correcting, self-generating networks that respond to business needs and intents,” says Paul Coates, VP, Channels, APAC and Japan, Riverbed Technology.
Enterprises are increasingly using newer technologies like mobility, social cloud to offer cost-effective solutions. In 2014, India was expected to be the fourth largest enterprise software market in Asia/Pacific and by 2018, its share of the software market in Asia/Pacific is expected to reach $6.8 billion, according to Gartner.
“India enjoys the rich presence of international software and hardware vendors, backed by a very strong ecosystem of system integrators, service providers and business partners,” said Bhavish Sood, research director at Gartner.
“The penetration of IT infrastructure has been growing rapidly during the past decade, fueled by the adoption of technology by a larger percentage of the domestic population, the growing maturity of users and incremental enhancements in technology,” said Sood.
“History proves, India to be an early adopter for new generation technology in the last decade. We are confident our customers will derive real-time business opportunities by adoptingS/4 HANAthe innovation platform designed to drive their growth,” says Ravi Chauhan, Managing Director, SAP India.
Analysts predict that in-memory computing approaches like SAP HANA and Oracle In-Memory Applications will be the new trends in enterprise software.
A recently published report by PwC predicts that by 2016, investment in SaaS solutions will more than double to $78B while investment in traditional ERP systems will decline over 30 percent to less than $15B, clearly indicating the whopping rise of Cloud ERP in the coming quarters. Gartner has also predicted by 2018, at least 30 percent of service-centric companies will move the majority of their ERP applications to the cloud.
- Chatbots Making Inroads In The Enterprise
- Emerging Tech To Drive Enterprise Digital Transformation
- How Cloud Is Transforming CXOs' Operating Style
- CXOs Still Wary Of Cloud Data Security: Study
- AI, Cloud, IoT To Have Huge Impact On Semicon Revenue: KPMG
- Unnecessary Security Cordons Make Fintech More Vulnerable
- How Fortis Improves Patient Care With Microsoft Azure
- Cyber Security: Challenges And Potential For Indian Businesses
- Weekly Rewind: Top 10 Stories On CXOToday (Feb 5-9)
- Why The Future of V2X Technology Is Promising