SAP announced today that it is launching new versions of its enterprise resource planning (ERP), customer relationship management (CRM), and NetWeaver data warehouse offerings through the SAP HANA Enterprise Cloud service. What this means is that all these mission-critical enterprise applications will be available through a managed cloud service that users access online. This promises to reduce companies' sometimes enormous investments in ERP deployments, accelerate time to value for these systems, and enhance scalability versus on-premises deployments.

The fact that SAP is testing a cloud-based ERP deployment is not surprising. What might raise eyebrows is the fact that Dr. Vishal Sikka, a member of SAP's executive board, told the New York Times: “At some point in the future, complex implementations [of SAP products] should go away. All of our products are moving to HANA.”

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.