SAP’s Flagship Business Suite will soon be available via cloud subscription.
Business Suite includes SAP’s hugely successful enterprise resource management (ERP) solution as well as apps that support core processes for finance, human resources, manufacturing, procurement, product development, marketing, sales, service, customer relationship management, supply chain management, supplier relationship management and IT management, among others.
All Business Suite apps will be powered by SAP’s in-memory HANA Cloud platform (launched last year), which provides the speed, scalability, flexibility, cost savings and architectural simplicity businesses of all sizes need to thrive in today’s increasingly global, fiercely competitive business environment.
SAP has made it clear that it is betting the company’s future on the cloud, and SAP pros need to adapt and update their skill sets accordingly. We’ve pulled together some pundit predictions that will help SAP consultants understand why the timing is perfect for SAP’s big cloud play.
Peter Sondergaard, senior vice president of research at Gartner Inc.:
“More and more companies are questioning the foundation of their technology architecture. [...] the word ‘agility’ is in every CIO conversation [...] agility is driving the need to look at tech differently [...] 51% of people who buy cloud software say they are doing it for “agility.”
The use of cloud computing is growing, and by 2016 this growth will increase to become the bulk of new IT spend, according to Gartner, Inc. 2016 will be a defining year for cloud as private cloud begins to give way to hybrid cloud, and nearly half of large enterprises will have hybrid cloud deployments by the end of 2017.
Gartner estimates that total spending on cloud services will increase from $110 billion in 2012 to $210 billion in 2016.
According to IDC, cloud spending, including cloud services and the technology to enable these services, will surge by 25% in 2014, reaching over $100B.
Over the next two years, there will be an explosive growth in the number of enterprise cloud computing projects, according to a study into cloud computing trends by TheInfoPro, a service of analyst firm 451 Research.
According to TheInfoPro, 69% of enterprises who have separate budgets for cloud computing are predicting spending increases in 2014, and the worldwide cloud computing market will grow at a 36% compound annual growth rate (CAGR) through 2016, reaching a market size of $19.5B.