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Machine Learning Makes SAP S/4HANA Even More Intelligent

By   /  September 25, 2017  /  No Comments

by Angela Guess

According to a recent press release, “SAP SE today announced SAP S/4HANA® 1709, a new release of SAP’s next-generation ERP suite that incorporates SAP® Leonardo Machine Learning capabilities and predictive analytics into core business processes to help organizations stay competitive in a rapidly changing business environment. SAP S/4HANA 1709 also is available customized for lines of business and industries. ‘This latest release is the next step in providing our customers the innovations they need for successful digital business strategies,’ said Uwe Grigoleit, SAP S/4HANA Go-to-Market general manager and senior vice president, SAP. ‘It delivers enhancements that make it easier than ever for companies to run live by integrating new intelligent applications using SAP Leonardo Machine Learning and predictive capabilities directly into the digital core’.”

The release goes on, “SAP S/4HANA is SAP’s next-generation ERP suite, designed specifically for the SAP HANA® platform, a market-leading in-memory platform to help run a live business. The new applications included in SAP S/4HANA 1709 provide real-time insights and business context while simultaneously freeing resources from repetitive tasks. Examples include: SAP Cash Application software learns matching criteria from a company’s historical financial clearing data to automatically pair invoices with incoming payments. This creates more efficient shared-services centers and allows finance professionals to be deployed to more strategic activities. The SAP Fiori® apps for contract consumption predict contract expiration or goods consumption ahead of time, which enables more effective supplier negotiations and relationships. As a result of the SAP Predictive Analytics integrator, customers can now forecast contract consumption directly within the application and update the model using their own data, retraining with a single click.”

Read more at PR Newswire.

Photo credit: SAP

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