SAP S/4HANA Services 2023–2024 Market Insights™

January, 2024

This report identifies key demand-side trends in the SAP S/4HANA services space, helping enterprises define their strategy for SAP S/4HANA adoption. It also provides an overview of enterprise challenges in the SAP S/4HANA services space based on Avasant’s assessment.

Why read this Market Insights?

ERP transformation is vital for organizations seeking to optimize business operations and stay competitive in the digital age amid changing business dynamics. Enterprises deploy SAP S/4HANA to standardize and automate business processes across the value chain, including procurement, manufacturing, finance, logistics, sales, and distribution, reduce process inefficiencies, and aggregate data. This improves operational efficiency and business scalability. However, migrating from legacy ERP systems to SAP S/4HANA presents several challenges for organizations, ranging from complex business processes across the value chain and intricate data structures to multiple customizations.

The SAP S/4HANA Services 2023–2024 Market Insights™ aids enterprises in identifying important market trends and challenges for any SAP S/4HANA migration journey that they take part in.

Methodology

The industry insights presented in this report are based on our ongoing interactions with enterprise CXOs and other key executives; targeted discussions with service providers, subject matter experts, and Avasant fellows; analyst insights from primary and secondary research; and lessons learned from consulting engagements.

Table of contents

About the report (Page 3)

Executive summary (Pages 4–7)

    • Defining SAP S/4HANA services
    • Key enterprise SAP S/4HANA services trends shaping the market
    • Avasant recognizes 27 top-tier providers supporting the enterprise adoption of SAP S/4HANA

Demand-side trends (Pages 8–12)

    • Enterprises revisit their transformation strategies and look for quicker ROI amidst macroeconomic headwinds.
    • The manufacturing sector, accounting for a quarter of demand, centralizes production using SAP S/4HANA.
    • Enterprises continue to implement solutions with preconfigured industry-specific workflows.
    • SAP S/4HANA boosts supply chain sustainability monitoring and ESG reporting.

Read the Research Byte based on this report.

Please refer to Avasant’s SAP S/4HANA Services 2023–2024 RadarView™ for detailed insights on the service providers and supply-side trends.


 

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DISCLAIMER:

Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.

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