Data is the currency of digital transformation, and the future of application development lies in data-driven applications. For an intelligent enterprise, connected real-time data is a crucial component.
Since SAP S/4HANA runs natively on SAP HANA, it provides a rapid enterprise in-memory platform that makes actions possible with intelligent data in real-time. Simplifying the IT landscape, SAP S/4HANA helps you enhance productivity, and make decisions with reliable insights. Choosing this data management platform has a determining impact on your core business processes.
However, SAP S/4HANA implementation project requires some changes in processes like reporting, analytics, data governance, big data, custom innovation projects, cloud adoption, IoT, or EIM.
How complex data can present challenges
Today, enterprises have bigger and more complicated data landscapes. Companies find it challenging to manage the inundation of both structured and unstructured data from multiple applications and databases. Organizations demand a simplified IT environment and high level of data security. Regardless of data being analytical or transactional, they demand a single source combining all sets of information with flexibility of data infrastructure.
Companies realize that to become successful digitally, they must achieve a real-time situational awareness so that they can take actions as and when something happens. Moreover, connecting their data assets intelligently can empower them to predict future outcomes and devise revolutionary growth strategies.
Read more: How to Ensure a Smooth Migration to SAP S/4 HANA
Top three critical data management challenges
1. Trusted data: Organizing the increasing complexity of data from different sources of information has proven to be a challenge for many organizations. Complicated and unstructured databases restrict them from being able to share data freely and easily. Such databases make it difficult to extract complete value. Moreover, this omnipresent data access, that companies want, needs to happen while protecting data security, privacy and integrity at all times. Only then, a database can be trusted.
Read more: How to Maximize Business Benefits of SAP S/4HANA Implementation
2. Connected, intelligent data: Companies want to gain a situational overlook of their business performance leveraging data. But this is proving to be difficult as they are challenged to combine and sort large amounts of diverse data being produced inside and outside of their enterprise by a multitude of sources. They have to make a single centralized data unit to gain a comprehensive overview of their business. Enterprises need the ability to connect all the information eliminating any data duplication or movements. Once data assets are structured and connected, a company can take the advantage of its intelligent data.
3. Cloud and architecture flexibility: An enterprise must have the flexibility to choose freely where to store, maintain and process its data whether it’s cloud or hybrid delivery model. Your technology choices must be defined by the priorities of your business.
Read more: How SAP S/4HANA is rising to the challenge of cloud ERP
Savantis helps you address these challenges by helping you implement and leverage SAP S/4HANA. Through a consolidated stream of clean organized data, we can help you analyze and make decisions. Our clients have unlocked new growth opportunities realizing the value of data with SAP S/4HANA.
Feel free to reach out to us if you have any further questions.
