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Added on  2022-08-23

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Running head: INNOVATION PROCESS IN SAP SE
Innovation process in SAP SE
Name of the Student:
Name of the University:
Predictive Maintenance Information Systems_1

INNOVATION PROCESS IN SAP SE1
Executive Summary
Innovation is defined as new idea and device for gaining the expectations of the customers.
Innovation is required in each of the business industry, especially software industry for
maintaining sustainability of the business. This paper is focused on describing future
innovation in the software industry, SAP SE. It is found that the software industry is
achieving amount of growth in 2020, and it is expected that the company should develop its
ERP applications in 2020 and beyond it. Various software industry is continued to invest due
to doing a huge innovation in the industry. In this report, there is defining of necessary
requirements of SAP SE for innovation. There is also discussion of future innovation of the
company with its innovation capabilities. SAP ERP system is a useful application as it is an
innovative solution for the business organization. In order to understand SAP ERP, it is
required to know how ERP is sold when SAP became a well-known service provider. SAP
business suite is to be implemented properly as well as it is deployed by means of reliable
platform. In the software industry, innovation is required due to continuous change in the
expectations ads well as needs of the customers. Therefore, innovative is required in the
business to attract the customers towards their technical services.
The innovation in SAP SE is conducted through efficient products, processes as well as
service technologies available in the market. By means of using advanced technologies such
as digital transformation, machine learning, big data, internet of things, cloud computing,
blockchain as well as artificial intelligence, a better quality of ERP software is being
implemented. SAP SE is introduced with S/4HANA for providing the organizations to serve
and retain the customers in proper way. The implementation of this software system will help
the business to suit with the customer’s needs and develop offerings for the client in the
market to sustain the market for long time in future. SAP SE becomes ineffectual into the
market research. By means of using the digital technologies, the software form can gain an
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INNOVATION PROCESS IN SAP SE2
attention in the market. There is setting of communication with potential clients. Usage of the
artificial intelligence in the human resources is easier, and IoT becomes a trend to provide
edge to the software development. By the year 2020, almost 80% of the ERP software will
change the current business model of SAP SE from the traditional license model to the
subscription business solution.
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INNOVATION PROCESS IN SAP SE3
Table of Contents
Introduction, purpose of the report and structure.......................................................................4
The future of the industry 2020 and beyond..............................................................................4
The Organizations innovation requirements 2020 and beyond..................................................6
Building the future innovation capabilities for the organization...............................................8
Conclusion................................................................................................................................14
References................................................................................................................................16
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