Five Minute Briefing - SAP
January 23, 2019
Published in conjunction with the Independent SAP Technical User Group (formerly the International Sybase User Group), this monthly publication contains news, market research, insight for the SAP user community, as well as ISUG-TECH news and information.
Kronos Incorporated is entering a global agreement with SAP, allowing SAP to resell Workforce Dimensions, the next-generation workforce management solution by Kronos. SAP has selected Workforce Dimensions as its workforce management solution for customers with complex scheduling, time and attendance, absence management, labor activities, and workforce analytics requirements.
SAP is launching an S/4HANA-Based Subledger solution for Financial Products, providing a central hub to manage data between operational and finance systems. It takes advantage of SAP's in-memory computing platform, SAP S/4HANA, for flexibility and speed. The subledger solution runs on a multi-GAAP accounting engine that provides enhanced calculation and accounting capabilities for payments, business events, and estimated cashflows.
Onapsis, a provider of ERP cybersecurity and compliance, will acquire Virtual Forge, allowing the company to strengthen security of SAP applications and extensions. The combination of Onapsis and Virtual Forge will empower customers to have unparalleled visibility, incident response, management, and compliance for business-critical applications.
SAP is releasing a blockchain-technology hub to help eliminate counterfeit products along the pharmaceutical supply chain. The SAP Information Collaboration Hub for Life Sciences is designed to authenticate pharmaceutical packaging returned from hospitals and pharmacies to wholesalers before products are resold.
Think About It
In 2018, there was heightened awareness of AI and machine learning and, in 2019, the emphasis is expected to increase on cognitive computing technologies that can analyze data in ways previously unimaginable and act independently or with limited human intervention. Here, executives of leading IT companies offer 9 predictions for what's ahead in 2019.
ISUG-Tech News and Information
The Independent SAP Technical User Group (ISUG-TECH) has a new web site. The new site has the ISUG-TECH forums, file library, news, and events so you can continue to connect with fellow members. We are excited about creating a better venue to serve our SAP community.