The COVID-19 pandemic has caused major disruptions in the corporate sector. It has made the year 2022 an unprecedented year with many hardships and an economic crisis. However, technology keeps on evolving to drive the business through this pandemic age. We can expect that more innovative and advanced business solutions will come in the year 2023 and beyond. Talking about SAP Business One, it continues assisting SMEs in this turbulent time, and it is interesting to see the SAP trends.
SAP, a robust ERP for modern businesses, is going to become more prevalent over the period. Enterprises can remain innovative and resilient to the pandemic crisis while addressing market requirements with customized SAP solutions. Here are the top trends of SAP that are all set to rule the world in coming years.
Key Emerging Trends of SAP and SAP Business One to Watch in 2023
High Demand for Skillful Resources
In coming years, enterprises will certainly focus on retaining and hiring employees with hands-on experiences of using SAP and SAP B1 solutions. As digital transformation is on the horizon, companies will embrace technological advancements. In such a scenario, there will be high demand for skillful and experienced resources in the workplace.
SAP HANA will become more prominent
SAP HANA will become the standard choice for SAP Business One solutions. The high performance of in-memory databases and the parent company’s announcement that it will only support HANA-based systems from 2027 have increased the SAP S/4HANA integrations significantly. What’s more, companies that aim to leverage the benefits of real-time analytics will opt for SAP HANA.
More Focus on eCommerce
In this digitally-driven age, more companies tend to sell their products and services online. However, this online trading needs numerous integrations to streamline processes and bring automation. In the year 2023, companies will explore the scope of eCommerce and improve the ways of interaction with customers. SAP Business One will assist them to bring optimized solutions.
Increasing Interest in Automation
Automation is the need of the hour for global enterprises. SAP Business One and SAP HANA support Robotic Process Automation (RPA) and Artificial Intelligence (AI) to meet diverse business requirements. It can assist various departments ranging from warehousing to human resources and finance to customer support by handling repetitive processes.
Data will be the Key to Success
The role of Chief Data Officer will remain crucial to analyze the data and get actionable insights. In this competitive edge, the data can pave the way to success for enterprises. Companies will emphasize on obtaining intelligent data with the right technologies and right people.
Emergence of Hybrid Cloud
Rise of Mobile Interaction
Even in the post-pandemic age, mobility will remain a preferred choice of enterprises. We can expect that even after employees return to their dynamic professional life with frequent traveling and field work, mobile-based interaction will remain at the core. SAP Business One users have both a general mobile application and dedicated sales app. They can also get 24/7 customer service to experience seamless mobility.
Important Long-term Trends in SAP
We live in a mobile-driven world. Whether it is our home or office, the smartphone has become a necessity for us. SAP has developed Fiori UX, Lumira, and Screen Personas in line with the increasing use of mobiles in the workplace. Consumers can get an experience in the form of apps on tablets or phones with the help of this software. It will help consumers when there is a need to capture the orders on-site while eliminating the need to record orders manually.
We can also expect that blockchain technology will have a significant impact on the economy in the coming years. Blockchain as a Services (BaaS) focuses on various aspects including supply chain, energy utilization, and financial provisions. What’s more, Blockchain can make online transactions highly secure and reduce the total time necessary to transfer money to 20 seconds. SAP will introduce this technology in its business solutions to leverage all the benefits.
Talking about SAP S/4HANA, this solution will empower enterprises and make them ready to cope with the ever-changing business needs and the customer’s expectations. The in-memory facility of SAP S/4HANA can expedite business processes significantly and adapt quickly to changing demands. Enterprises are enabled to perform complex functions using the real-time data with the help of SAP S/4HANA.
As technology evolves, we can expect that various SAP Business One trends will take the corporate world by storm in the future. Here we have mentioned the top emerging trends of SAP B1. It is better to consult a reputed SAP Business One services provider to leverage the benefits of SAP advancements and trends for making your business more efficient.
At Silver Touch, we offer end-to-end SAP Business One and SAP HANA services to enhance efficiency of your business and improve ROI. We assist SMEs to increase growth while staying competitive. Simply mail us at email@example.com to know more about our SAP Business One solutions and add-ons. Our expert consultant will get back to you soon with details.