What is SAP?

There are two kinds of people in this world; the first kind believes that planning is at the core of any business, while the second kind claims that it’s execution. Whichever value you hold true, SAP is your path to achieving it. 

The #1 enterprise application in the global market, ERP software helps businesses streamline and integrate their diverse functions and processes to ensure they run smoothly. According to this statistics report, about 86% of the Fortune 500 and 92% of the Forbes Global 2000 companies are SAP customers. 

With such widespread usage of ERP software across the globe, there’s also a growing requirement for talents skilled in handling these. A career in SAP consultancy is booming in over 145 countries today, with India being a hotspot for the same. 

With all that being said, there are still a large number of young professionals in the country unfamiliar with the industry and its scope of work. 

In this blog, we’ll do our best to familiarize these professionals and jobseekers with SAP to help them envision and build a bright future for themselves. Let’s get started!

The Overview of SAP: Its History and Importance 

Let’s begin from the beginning; SAP stands for Systems, Applications, and Products in Data Processing. This software company is much older than you’d guess. It was founded back in 1972 in Germany and was the brainchild of five former IBM employees. 

The initial vision of SAP was to develop a software that could process real-time data in financial accounting. However, the company’s flagship product was launched much later – in the 1980s. It had a modular structure to provide businesses an opportunity to integrate and customize various business functions in one place. 

This product gave way to SAP’s Enterprise Resource Planning (ERP) software, which quickly gained global popularity, allowing the company to expand its clientele and boundaries.

After a decade-long successful run, SAP updated itself as a cloud platform and started offering its software as a service (SaaS) in 2012. It has also since acquired a number of software companies to expand and elevate the possibility of providing better, more customized, and updated enterprise software solutions to businesses around the world.

Fun fact: The German translation of SAP – also considered its original name – is Systeme, Anwendungen und Produkte in der Datenverarbeitung.

Different SAP solutions available today 

We wouldn’t be surprised if learning about the innovative journey of SAP motivated you to pursue a career in it. However, as a beginner, where would you even start? Allow us to help.

There are a wide range of solutions that the software company offers to cater to diverse business needs. Below, we’ll talk about some of the most-widely ERP software and discuss what they’re used for. Learning about them might give you a good idea of which field you want to dive deeper into. 

Check these out:

1. SAP S/4 HANA 

The flagship ERP software product of SAP, S/4 HANA, is a next-generation system built on the in-memory database platform to facilitate real-time data analysis. Its functionality touches various areas of a business, including procurement, supply chain, sales, finance, and more. 

SAP S/4 HANA is also compatible to be integrated with other ERP software.

2. SAP Cloud Platform Integration (CPI)

Just as its name depicts, the SAP CPI is a cloud-based integration platform to support various integrations within a business, such as application-to-application (A2A) and business-to-business (B2B). 

Another key feature of SAP CPI is the diverse connectivity options it offers to integrate various data sources and systems, such as web services, third-party applications, and databases. 

 

3. SAP Success Factors 

A human capital management suite offered by SAP, SAP Success Factors is an inclusive toolkit to manage the functionality of HR, workforce engagement, and talent management. 

Right from recruitment to career development and succession, SAP Success Factors can handle it all! 

4. SAP Governance, Risk, and Compliance (GRC) Security 

The SAP GRC Security solutions are focused on helping businesses enforce proper governance across operations, mitigate risks, and maintain compliance with policies and regulations. 

SAP GRC Security also facilitate businesses to incorporate data protection measures and audit all of their security and compliance-related activities. 

5. SAP Ariba 

Ariba is a supply-chain management platform offered by SAP built to automate and streamline all the supply-chain processes of businesses. These processes include procurement, catalog management, order tracking, and monitoring of the KPIs to measure process efficiency. 

Many businesses have claimed that SAP Ariba has helped them cut costs in their supply-chain processes and provided enhanced collaboration with suppliers. 

6. SAP Production Planning (PP) 

SAP PP focuses on handling the planning and management of all the production activities within a business. The key processes of this system include: 

  • Material requirement planning
  • Demand planning
  • Capacity planning
  • Shop floor control 
  • Master data management
  • Quality management integration 

Become a Certified SAP Consultant at FLT!

As you might have gathered by now, the knowledge of ERP software has a lot of scope for professionals to build a successful career for themselves. But how does one gain this knowledge? By enrolling in ERP courses and completing your SAP training Institute to become a certified SAP Consultant. 

For those of you looking for a reputable SAP institute to enroll yourself in, you needn’t look any further. Widely regarded as the best SAP training institute in NoidaFuture Labs Technology is right here to extend a helping hand. 

With more than 20 years of experience, our IT training institute offers over 15 different ERP training courses in both offline and online modes. And the best part? With us, you can learn SAP within a week! Check out more details about our SAP Courses.

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