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Overview, Integration Touch points with Fiori DemoSAP Multi Bank
Overview, Integration Touch points with Fiori DemoSAP Multi Bank
SAP has simplified the way it helped customers run their business smoothly with SAP S/4HANA Cloud. On February 2015, SAP announced the arrival of SAP HANA built business suite namely SAP S/4HANA. This product is viewed as the most innovative SAP product ever since SAP R/3 was introduced.
SAP, the tech giant, was born in 1972. Its founders were Wellenreuther, Hopp, Hector, Hasso Plattner and Tchira, the former employees of IBM.
How did SAP evolve through these years?
Let’s take a look across the memory lane!
SAP R/1 was the first product ever to hit the market. It consisted of a one-tier architecture. The word ‘R’ meant real-time data processing. The three main layers of a software- Presentation, Application and Database were installed in a single server. The first module was Financial Accounting System in the year 1972.
SAP introduced R/2 version in 1979 as the first ever compact software package meant to handle every business applications. With Application Link Enabled (ALE) Technology, you can link the R/2 system and share your data online. Here the presentation layer is available on a single layer with the database and application layers on another server.
In 1992, SAP introduced R/3 using client-server concept. SAP also collaborated with Microsoft for the first ever time. The R/3 system software is nothing but a set of tools interfacing with the computer OS, the communication protocols, the underlying database and the presentation interfaces.
1997 saw the dawn of SAP NetWeaver, a web-oriented, open integration platform serving as the basement for Enterprise Service-Oriented Architecture. It allows you to integrate and align all the information and processes across your business.
SAP also introduced mySAP, a combination of SAP products including SAP R/3 to help employers, suppliers and customers connect across the boundaries of the company.
It was only in 2006 that SAP ERP Central Component (ECC) was introduced finally to the audience. With business intelligence, they can manage core business processes. This product marked SAP as the leader in the market.
SAP introduced SAP Business Suite 7 in 2009 to help businesses reduce their IT costs and optimise their overall performance. In 2010, SAP HANA was introduced with advanced analytics including predictive analytics, text analytics, spatial data processing, streaming analytics and graph data processing. It consists of ETL capabilties along with an application server. It was developed using C++.
In 2015, SAP made a huge leap in the market by introducing SAP S/4HANA, which allows you to experience SAP Fiori user experience (UX) accompanied by the latest design principles. It allows you to leverage the emerging innovations such as Big data, Internet of Things, mobile-first technology and business networks. With SAP S/4HANA Cloud, you can access and store your data elsewhere without losing it.
In 2021, SAP has announced RISE with SAP, a combination of top SAP products, modules and features. It is introduced with the notion to support businesses of all size, across the globe.
Recently, SAP announced that it would cease its support for SAP ECC by 2025. RISE with SAP enables smoother transition from SAP ECC to S/4HANA. You can make SAP S/4HANA migration through these three scenarios:
SAP ECC to S/4HANA migration is risky. Hence you need a strong SAP partner to help you out. iQuantM is the name you need to remember. Contact us for more details.
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