Everything you need to know about SAP Business One on HANA transitions using technologies like IoT, AI, ML, Big Data & Industry 4.0.

All the companies and industries around the globe have been trying to realize their business value and modifying their business by renovating the existing landscape and installing new applications now-a-days. For this, SAP has been the most popular company used by business systems in the world to help run their companies. SAP Business One is an ultimate solution that gives better vision for your complete business and controls each aspect of the performance.

With traditional database system there were many possibilities which were unimaginable such as streaming data for online analysis, integrating IoT sensors with ERP software, natural language processing, facial recognition and many more. But, these possibilities have been realized using SAP HANA, an in-memory database designed for high speed access.

IOT:

Well, recently you must have heard of Internet of Things (IoT) which is rapidly gathering momentum, driven by the advancements in sensor networks, mobile devices, wireless communications, networking and cloud technologies.

It is related to physical and virtual objects that have unique identities and are linked to Internet to assist intelligent applications which will make energy, logistics, industrial control, retail, agriculture and other domains “smarter”.

All of them, be it owner, operators, solution providers and connected things are looking for unique ways to improve operational performance.

Artificial Intelligence [AI] and Machine learning [ML]:

AI can free up humans in different areas to do interesting work and grow their skills. In the near future, we will see machines doing things that typically humans do.

Machine Learning is a type of AI which provides unbiased analysis of the data. It allows computer programs to adjust when exposed to new data, in effect, “learning” without being explicitly programmed.

Managed by skilled individuals, Machine Learning is a based on statistical algorithm. In this new era, computer systems don’t need to receive command for performing a task rather we need to input data manually. Through this data, the can form their own decisions, and virtually take actions. This technology has powerful implications when it meets with SAP Business One with HANA for enterprise technology vendors – and there are clear signs that SAP is determined to lead the pack.

Big Data:

Big data is not a single market. In fact, it is a combination of data-management technologies which evolved recently. Big data enables companies to manage, store and manipulate huge amount of data speedily and to gain right insights at the right time. For understanding Big Data, we need to know that it is that data which has to be managed so as to meet the requirement of business. Let us have a look on what happens if Big Data is aligned with SAP Business One powered by HANA:

You enter a retail store and within a 30 seconds a salesperson walks up to you, addresses you by name and enquires if you enjoyed the bottle of wine you had bought last week from the store. Amazing isn’t it! In reality what happened is that as you walked into the store a camera at the entrance took your picture, used facial recognition software to identify you from the SAP Business One on SAP HANA database, popped the message on the salesman mobile that you were repeat customer along with your name and buying history. This empowered the salesman to make your experience at the store a special one. SAP HANA processes data 300 times faster than traditional databases, so what took 30 seconds in case of SAP HANA would take 2 ½ hours on a traditional database by which time you would have left the store making this information quite useless.

Industry 4.0:

We all are experiencing how our way of social networks, smart phones, embedded AI, automation of home are impressively changing to relate to each other and the things we do today. These same technologies will change the way we will all work tomorrow. Industry 4.0 is the practical application of framework intentionally made to transform manufacturing plants to “smart factories” which can raise the large scale of industry.

Let’s take a quick look on what might happen if you align SAP Business One along with HANA so as to improve your business:

A cold storage unit that is meant to maintain operate at and maintain an ambient temperature of minus 20 degree centigrade. If, due to a defect in the machine, the temperature begins to rise then wouldn’t it be nice if the machine could communicate to SAP Business One and then SAP Business One could create a Service Call with the vendor of the cold storage unit so that a technician is asked to visit the site and perform the checks. Well, this is exactly the kind of thing that SAP Business One on SAP HANA does.

This is how SAP Business One with HANA can change the way we think, enabling a new and powerful way of organizing our business operations!

To know more about how Inecom can help you in implementing enterprise solutions like SAP Business One, SAP Business One on SAP HANA, Infrastructure Solution such as Microsoft Azure, SAP Add-ons like Quality Management System, Warehouse Management System and Web-Portals etc. please reach out to us at enquiries@inecomworld.com or talk to our SAP expert.