What Is SAP For Beginners? | The Only Video You Need To Watch!

ERP is Easy

16 Mar 202406:26

Summary

TLDRThis video offers a concise introduction to SAP, a leading ERP software company. It covers SAP's history, global reach, and its flagship product, S/4HANA, running on the in-memory database HANA. The video also outlines other cloud products like SuccessFactors and Ariba, and highlights the most in-demand SAP areas, including SAP HANA, BTP, SuccessFactors, and SAP Analytics. It's a valuable resource for beginners seeking an overview of SAP's software ecosystem and career opportunities.

Takeaways

🌟 SAP is a leading software company with over 110,000 employees and 440,000 customers worldwide.
🚀 Founded in 1972 by five former IBM employees, SAP has grown to become the fourth largest software company globally.
💼 SAP's flagship product is its ERP (Enterprise Resource Planning) software, widely used by Fortune companies for daily operations.
📈 ERP software streamlines business processes such as sourcing raw materials, manufacturing, shipping, and finance management.
🛒 SAP's customers are responsible for producing 64% of the world's ice cream and distributing 78% of the world's food.
🌐 The evolution of SAP's ERP software includes versions like R/1 and the latest S/4HANA, which runs on SAP's in-memory database, HANA.
💻 SAP offers a vast array of products, with S/4HANA being the core, covering functionalities like Finance, Sales, Asset Management, and more.
☁️ SAP's cloud products fill gaps in functionalities not covered by S/4HANA, such as employee management and procurement.
📊 High-demand areas in SAP include SAP HANA, BTP, SuccessFactors, and SAP Analytics, with modules like Finance and Logistics being particularly popular.
🔗 SAP's Business Technology Platform (BTP) is gaining popularity for developing custom applications and integrating with SAP and non-SAP applications.
📈 SAP Analytics Cloud and BW on HANA are prominent in the analytics space, with data sphere being a newer, less popular offering.

Q & A

What is the primary focus of the video?
-The primary focus of the video is to provide a high-level overview of SAP as a software company, its flagship ERP products, cloud products, and the areas of SAP that are currently in high demand.
Who founded SAP and when was it established?
-SAP was founded by five former IBM employees in 1972.
How many employees does SAP have as of 2024?
-As of 2024, SAP has more than 110,000 employees.
What is the significance of the statistic that 99% of the world's Fortune companies use SAP products?
-The statistic indicates that SAP's software is widely adopted by large organizations globally, highlighting its importance and prevalence in the enterprise market.
What does ERP stand for and why is it important for organizations?
-ERP stands for Enterprise Resource Planning. It is important because it is a software used to manage an organization's end-to-end business operations, including activities like sourcing raw materials, manufacturing, shipping, and financial management.
What is the latest ERP software offered by SAP?
-The latest ERP software offered by SAP is S/4HANA, which was initially released in 2015.
What is SAP S/4HANA and what does it run on?
-SAP S/4HANA is the latest ERP software by SAP that offers a range of functionalities and runs on SAP's in-memory database called HANA.
What are the key modules covered under SAP S/4HANA?
-The key modules covered under SAP S/4HANA include Finance, Sales and Distribution, Asset Management, Manufacturing, Sourcing and Procurement, Engineering, Supply Chain Management, and Extended Warehouse Management.
What is the SAP Business Technology Platform (BTP) and what does it offer?
-SAP Business Technology Platform is a cloud platform that allows customers to develop their own applications, integrate with SAP and non-SAP applications, and offers services like analytics, document management, and more.
Which are the four most popular areas in SAP based on job demand?
-The four most popular areas in SAP based on job demand are SAP HANA, SAP BTP, Success Factors, and SAP Analytics.
What is the SAP Analytics Cloud and why is it popular?
-SAP Analytics Cloud is a popular product within the SAP Analytics area that offers advanced analytics capabilities. It is popular because it provides powerful tools for data analysis and business intelligence.
How does the video suggest engaging with the content creator for more personalized guidance?
-The video suggests that viewers can engage with the content creator, Aron, for one-on-one SAP career coaching through a link provided in the video description.

Outlines

00:00

🚀 Introduction to SAP and Its Importance

This paragraph introduces SAP as a leading software company with a flagship ERP product. It highlights the company's growth from its founding by five IBM employees in 1972 to becoming the fourth largest software company in the world with over 110,000 employees and 440,000 customers across 180 countries. The speaker, Aron, offers an overview of SAP's products, its global reach, and its significance in managing the day-to-day operations of large organizations like Apple, Microsoft, Walmart, and Google. The paragraph also explains what ERP software is and how it helps manage business operations, mentioning that SAP's ERP software has evolved from R/1 to the current S/4HANA, which runs on SAP's in-memory database, HANA.

05:00

🌐 SAP's Product Offerings and Areas of High Demand

The second paragraph delves into the extensive range of SAP's software applications, emphasizing that it's impossible to list all but mentions the most commonly used ones. It discusses SAP's digital core, S/4HANA, which contains numerous modules used by organizations for end-to-end business processes. The paragraph also covers SAP's cloud-based applications that fill gaps in functionality not offered by S/4HANA, such as employee management, procurement, and customer experience solutions. The Business Technology Platform (BTP) is highlighted as a popular tool for developing and integrating custom applications with SAP and non-SAP applications. The speaker then identifies the areas of SAP with the highest demand based on job advertisements, which include SAP HANA, BTP, SuccessFactors, and SAP Analytics. Specific modules within these areas are mentioned, with a note that while SAP Data Sphere is a recent introduction, it is not yet widely popular. The paragraph concludes with an invitation for viewers to engage with the content by liking, sharing, and commenting with questions.

Mindmap

Keywords

💡SAP

SAP is a multinational software corporation that develops enterprise software for managing business operations and customer relations. In the video, SAP is described as the leader in the ERP market, providing software that is widely used by large organizations globally. The company's flagship ERP products, along with its cloud offerings, are central to the video's theme of educating beginners about the software company's high-level information.

💡ERP

ERP stands for Enterprise Resource Planning, which is a type of software that organizations use to manage day-to-day business activities. In the context of the video, ERP software is crucial for coordinating all the resources, information, and functions of a company. SAP is noted for producing ERP software that 99% of the world's Fortune companies use to run their operations, highlighting the importance of ERP in business management.

💡S/4HANA

S/4HANA is SAP's latest ERP software, which was initially released in 2015. The video emphasizes S/4HANA's advanced functionalities and its operation on SAP's in-memory database called HANA. It represents the evolution of SAP's ERP software and is a key product that contains numerous modules and functionalities used by organizations for their business processes.

💡HANA

HANA is SAP's in-memory database technology that allows for real-time analytics and application processing. The video mentions that S/4HANA runs on HANA, indicating its role in providing speed and efficiency to SAP's software applications. HANA is a significant component of SAP's technology stack and is integral to the performance of their ERP solutions.

💡Cloud Products

Cloud products refer to software applications that are hosted on remote servers and delivered over the internet. The video discusses various cloud-based applications offered by SAP, such as SuccessFactors for employee management and Ariba for procurement. These products extend the functionality of SAP's core ERP offerings by providing additional services that can be integrated with S/4HANA.

💡BTP

BTP stands for SAP Business Technology Platform, which is a key area of demand within SAP as mentioned in the video. It allows customers to develop their own applications, integrate with SAP and non-SAP applications, and perform various tasks like document management and analytics. BTP is becoming increasingly popular for its flexibility and the extensive capabilities it offers to SAP customers.

💡Modules

In the context of SAP's ERP software, modules are functional areas that handle specific business processes. The video lists several modules such as Finance, Sales and Distribution, Asset Management, and more, which are grouped into SAP's digital core applications. Modules are essential for understanding how SAP's software is structured to cater to different business needs.

💡Demand Areas

Demand areas refer to the specific sectors or functionalities within SAP that are currently in high demand in the job market. The video identifies four popular areas as SAP HANA, BTP, SuccessFactors, and SAP Analytics. Understanding these demand areas is crucial for professionals looking to build a career in SAP as they indicate where the most opportunities lie.

💡Fortune 500 Companies

The Fortune 500 list is an annual ranking of the largest 500 companies in the U.S., ranked by gross revenue. The video uses the statistic that 86% of these companies are SAP customers to emphasize the widespread adoption and importance of SAP's software in managing large-scale business operations.

💡SAP Analytics Cloud

SAP Analytics Cloud is a software as a service (SaaS) solution that provides business intelligence tools for planning, predictive analytics, and reporting. The video mentions it as the most popular product within the SAP Analytics demand area, indicating its significance for businesses to gain insights and make data-driven decisions.

💡SAP Career Coaching

SAP Career Coaching, as mentioned by the video creator Aron, refers to personalized guidance offered to students and professionals to help them navigate a career in SAP. This service is an example of how individuals can prepare for the in-demand areas within SAP and is related to the video's goal of providing high-level information to beginners.

Highlights

SAP is a leading software company with a flagship ERP product.

SAP has over 110,000 employees and 440,000 customers worldwide.

SAP generates a revenue of 31 billion, making it the fourth-largest software company globally.

SAP's ERP software is used by 99% of the world's Fortune companies.

SAP customers produce 64% of the world's ice cream and distribute 78% of the world's food.

86% of global Fortune 500 companies are SAP customers.

ERP stands for Enterprise Resource Planning, a crucial software for managing business operations.

SAP's ERP software has evolved from R/1 to the latest S/4HANA, released in 2015.

S/4HANA runs on SAP's in-memory database called HANA.

SAP offers hundreds of products, including cloud-based applications.

SAP's digital core is S/4HANA, which includes modules like Finance, Sales, and Asset Management.

SAP's cloud products fill gaps in functionalities not offered by S/4HANA.

SAP Business Technology Platform (BTP) is popular for developing and integrating custom applications.

SAP areas with the most demand are SAP HANA, BTP, SuccessFactors, and SAP Analytics.

Within S/4HANA, Finance, Logistics, Procurement, and Asset Management are the most popular modules.

For SAP BTP, Extension Suite and Cloud Platform Integration are the most popular functionalities.

In SuccessFactors, Employee Central, Payroll, Recruitment, Onboarding, and Succession Planning are key modules.

SAP Analytics Cloud and BW for HANA are the most sought-after analytics products.

SAP Data Sphere is a recently introduced product but not yet widely popular.