Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Standing at the verge of the year 2019, glaring towards the dawn of the new big things, the sap being a pioneer in setting trends through robust teshnological innovation has been geared up for major advancement in futuristic ERP implementation services.
Considering the SAP trend for 2020 it appears to be with the emergence of the 5G technology expectations are that of larger Data movement simultaneously expansion in the volume of connected devices through IoT resulting in the requirement of a larger data platform in the Cloud
Following Are The Predicted SAP Trends For 2020:
Machine Learning
A lot of you may have definitely heard about Machine learning. There has been a lot of Buzz since the Beginning.
Here is a sneak peek of it.
What is Machine Learning (ML)?
Machine learning(ML) is an application of Artificial Intelligence(AI) that educates computers on how to perform a task by learning the data, Rather than having a Predefined set of Programs.
According to Forbes AI and ML single-handedly are set to create a Net value of 2.6 Trillion Dollars in New age tech and 2Trillion alone in Supply chain Planning.
Considering the importance of machine learning in Enterprise resource planning. SAP has enhanced its machine learning platform to validate Data scientists and developers to create more Futuristic Artificial Intelligence tools for the betterment of the enterprise driving more value to it.
How can Machine learning help enterprises through SAP?
The ML Algorithms with their impeccable capability to analyze data can be vital for an enterprise in their decision-making. It also comes with the ability to Stream the data into valuable insights for optimized decision making henceforth better outcomes.
Ml in SAP Leonardo is said to be the future of ERP with a goal of Enterprise ready automation. According to the sources
- The SAP trend for 2020 suggests that the Growth of ML addresses basically about squaring of problems across different sectors of an enterprise.
- Small and Mid-sized Business is said to have seriously taken away more than ever in the year 2020.
- Enhanced and intensified Data synthesis to tackle Data challenges.
Internet of Things (IoT)
IoT is a system of interrelated computing devices that has the ability to transfer data over the internet with any human-to-human or human-to-computer interaction.
How does IOT help Enterprises?
IoT ensures real-time data sensor info which leads to the formation of new business models and revenue. With efficient IoT, it can control, monitor and optimize the supply chain and also the conservation of Resources.
IoT-enabled devices are reported to be boosting workforce productivity. It empowers individuals in an organization to make the right decision and improve communication within the network.
IoT already has a bright impact on multiple industries such as Manufacturing, Automobile, and transportation.
IoT Trends For 2020 In SAP
- According to studies, there is a prediction that IOT will connect 21 Billion devices by the year 2020.
- SAP is looking forward to strengthening Business intelligence.
- A unified integration network frame is developed so that the maximum device is connected for enhanced operations
- The accuracy and availability of Data Are going to play a major role in Business operations and efficiency.
Cloud Computing
Cloud computing is a method of processing and storing & managing a network in remote servers hosted on the internet rather than on a local server.
Many sap trends have predicted that by 2020, 60% of the ERP workload will be handled in a public cloud. As it is well-known SAP’s own SAP s/4 Hana cloud services which is cloud version sap, s/4 Hana, has been up to the mark regardless of multiple revisions.
All the existing SAP Hana customers will be operating in SAP Hana 2.0, and consolidation and revisions of different Hana versions, and numerous service packages will be the priority for the coming years.
Trends To Watch Out For The Year 2020 In Cloud Computing for SAP ERP.
- Plans for the year 2020 are to initially reinforce different hana products and services packages and their revisions.
- Considering the need for growth in SAP’s analytics cloud the consecutive growth in Data processing and the total number of connected devices strengthen the growth of analytics.
- SAP strategy for Analytics for the year 2020 is by strengthening content support, MetaData enrichment, and enterprise readiness.
- Integration of Analytics with the cloud is said to be inevitable for enhanced business operations.
Big Data
Big data is a huge ocean of Data, which can be analyzed, and synthesized used to make valuable insights, such as trends, patterns, and associations.
The compound annual growth of Big Data for the year 2020 is trending around 10% leaping around 76 billion dollars.
As they say “Data is the new oil”. It is going to play a major role in every aspect of human life as it is doing now and going to get better in the future. With the available overflowing amount of data and the available data in the upcoming year.
Support for real-time Data and Personalized ERP are the two major SAP ERP trends for the future.
Technological Innovation in SAP with the amount of data available will help enterprises drive their Business to better outcomes.
Summary of SAP(ERP) Trends For The Year 2020
If we look back at the sap trends which were forecasted for the year 2019 which were predominantly for expanding the in-memory database computing with more security and flexibility. Also the Hybrid Cloud Management, Data Governance, and Data Management.
It has been a successful advancement in sap s/4 as it turned out to be a robust Digital core. Leonardo enhanced itself with Artificial Intelligence and Machine Learning.
Considering the trend for technological innovation in sap ERP for the year 2020, The solution revolves dominantly around Data synthesis, management, and articulating into valuable insights.
The core value of any ERP is to optimize the workforce and automate the operations, The right technological inclusion can help enterprises to overcome issues and optimize the complete operation.
In conclusion, we can agree with David Essex of TechTarget that ERP is bound to be the core of the digital business. The coming year for SAP trends are noticeable in the advancement of technology opening gates for new technological Innovation in SAP .sap s/4 as it turned out to be a robust Digital cors/4hana cloud services