Growth of SAP S4 HANA Market Driving Digital Transformation in Utility Sector

The alpha level analysis of AllTheResearch.com states that 53% of user stories fail while selecting the right tech partner who can help in achieving DT in an agile and scientific manner. SAP has played a critical role in giving dimensions to DT for the energy and power sector, since the last 10-12 years. Believe it or not, the risk of storing sensitive datasets on the cloud and cybersecurity threat is expected to reduce -45% by the next 3 years. This will impact the integration of cloud by energy and power players of the United States. At present, most energy and power players run on-premises today, but the integration of S4 will impact the usage of Cloud technologies.

Global SAP S4 HANA Market Report Overview:
The report highlights exclusive and relevant factors that are likely to have a significant impact on the SAP S4 HANA market during the forecast period. This report also includes the COVID-19 pandemic impact analysis on the SAP S4 HANA market. This report includes a detailed and considerable amount of information, which will help new providers in the most comprehensive manner for better understanding. The report elaborates the historical and current trends holding the growth of the SAP S4 HANA Market.

Request for a sample copy of the report to get extensive insights into SAP S4 HANA market at https://www.alltheresearch.com/sample-request/428

The report also provides analysis of leading market participants including:
*Global SAP S4 HANA Market Competitors Revenues by Players 2015-2020 (Estimated), ($ millions)
*Global SAP S4 HANA Market Competitors Revenues Share by Players 2020 (%)
*Global SAP S4 HANA Market Competitors Sales, by Players 2015-2020 (Estimated)
*Global SAP S4 HANA Market Competitors Sales Market Share by Players 2020 ($ millions)
*Further, the report presents profiles of competitors in the market, including the following:

Utility Players (Tentative List):
Duke Energy
AES Corporation
Xcel Energy
Southern California Edison Co
Commonwealth Edison Co., IL
Florida Power & Light, FL

Technology Enablers (Tentative List):
ABB
Honeywell
Tech Mahindra
GE (including subsidiaries)
Eaton
Accenture
Siemens
SAP
Capgemini
Microsoft
IBM
Cisco

In the next 3 years 88% of energy and power companies of the United States will embrace the SAP S4 HANA for below-mentioned reasons:

Speed – Customized high-performance architecture of S4 HANA which uses SAP-optimized in-memory database model can deliver powerful speed improvements in addition to optimizing memory usage to minimize the amount required.

Integration of next-gen technologies- Although this pointer depends on the strategic outlook of companies, broadly speaking utilization of deployed IoT infra with Artificial Intelligence is a strategic roadmap of 75% energy and power companies of United States. Processes like Asset Monitoring, Meter to Cash, RPA enabled machine-human engagement and Advanced Metering will be either redesigned or upgraded by considering customer/user as a nucleus.

Optimized User Experience (UX)- There is a clear gap in the user-friendly interface between a resource who is a master of SAP script and a user who is using SAP for business-critical processes. This gap increases the number of support calls between SAP master and SAP user, which of course not the ideal scenario considering the fast-paced business environment. Now for this point, SAP Fiori delivers HTML5-centric GUI for users, making the SAP interface less complex and much better for the overall customer experience.

To embrace the trend of Cloud first-Mobile first and Intelligent Technologies- As per a public document of SAP named as -Upgrading SAP S/4HANA: Why, How, and Best Practices; “SAP S/4HANA was first introduced to the market in 2015 as SAP’s strategic Digital Core solution for the Intelligent Enterprise. It was a bold vision to make a major shift from the very successful SAP Business Suite to a new future-focused solution that took a cloud-first, mobile-first, and intelligent technologies approach to SAP’s comprehensive ERP solutions”.

For more Customization, Connect with us at https://www.alltheresearch.com/customization/428

Report Highlights:
*A complete analysis of the market including the parent industry.
*Important market dynamics and trends
*Market segmentation
*Historical, current, and projected size of the *market based on value and volume.
*Market shares and strategies of key players
*Recommendations to companies for strengthening their foothold in the market.

Table of Contents Includes Major Pointes as follows:
1. Executive Summary
2. Voice of Customers (Utility Players)
3. SAP S4 HANA Upgrades and Utility Processes Synergy Mapping
4. Interconnected Technologies (Impact Mapping – 2021 vs 2024)
5. Interconnected Services (Impact Mapping – 2021 vs 2024)
6. Revenue Analysis & Forecast

Utility Digital Transformation Disruptor Mapping
Buy Full Research report along with TOC, Tables & Figures https://www.alltheresearch.com/buy-now/428

Why Buy this Report?

1. The report offers a comprehensive evaluation of the Global SAP S4 HANA Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
2. The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
3. The report includes in-depth market analysis using Porter’s 5 force model and the DROC analysis. The impact of Covid-19 on the market is also featured in the report.
4. The report also contains a competitive analysis.

FOR ALL YOUR RESEARCH NEEDS, REACH OUT TO US AT:

Contact Name: Rohan

Email: contactus@alltheresearch.com

Phone: +1 (407) 768-2028

About Us

AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realise, that its not just sheer data-points, but the right analysis that creates a difference. While some clients were unhappy with the inconsistencies and inaccuracies of data, others expressed concerns over the experience in dealing with the research-firm. Also, same-data-for-all-business roles was making research redundant. We identified these gaps and built AllTheResearch to raise the standards of research support.

This release was published on openPR.