Top Reasons Why SAP Business Technology Platform Is Ideal for the Pharmaceutical Industry

R&D spending has increased across the pharmaceutical industry. However, the sector faces many challenges, including a disconnected distribution network, outdated infrastructure, high operating costs, multiple safety standards, and stringent manufacturing and supply rules.

Dealing with these various market challenges requires realistic and affordable approaches for the industry. Furthermore, innovative solutions are the only way to manage complexity, meet regulatory requirements, cut costs and increase productivity.

How can you achieve this? This is the first question that comes to mind.

This would be SAP’s business technology platform.

SAP, the ERP market leader, manages back-end operations for companies with fewer employees. As a result, SAP understands modern business processes and how technology will change corporate operations.

SAP released a new ERP software paradigm in 2020 to meet the current and future needs of the company. SAP’s business technology platform is driving this transformation.

Central concept: one center for all things

The code of the modern company can be found on the SAP Business Technology Platform (BTP), a single platform. The Business Transformation Platform (BTP) is a universal software platform that atomizes business software functions, enables those functions to be integrated and kept running as the company grows or evolves, and eliminates the need for disparate products and code bases that require integration and periodic updates.

As a result of BTP, a company can continue to use a specific software feature for operations that it has adopted or developed. As the company grows and expands, there is no migration. There is no need to start from scratch every time the company changes. Just because SAP developed a feature for its Fortune 500 S/4HANA ERP but not for its small business offering, does not mean you are out of SAP’s progress.

With BTP, functions can be created once and used everywhere, in both large and small companies.

SAP’s open approach to a small software kernel and universal modules makes this possible. Each kernel can then use these modules for specific functions. These modules are available from SAP and its many partners, such as Navigator Business Solutions, and can be easily created by employees using the platform’s low-code development environment or SAP’s drag-and-drop editor.

Until recently, SAP and most commercial software vendors used a different paradigm for software development. This is a significant change. Today, SAP has simplified its offerings, rather than creating separate software solutions for different market groups. As a result, while each ERP solution has its own unique code base, most of the software functionality is embedded in BTP and can be used by any SAP ERP system.

Benefits of SAP Business Technology Platform

More skills and faster adaptation

Because the new paradigm is completely modular and the software functionality is universal and not limited to a given ERP instance, enterprises can quickly obtain the functionality they need from BTP and evolve their backend as conditions change.

Companies using SAP Business Technology Platform solutions can easily leverage the platform’s low-code development environment or one of more than seven hundred and fifty modules. For even greater power, they can incorporate third-party data flows or applications that exist outside the platform.

Improved personal development and personalization

By combining the modularity and versatility of the platform with a drag-and-drop development environment, SAP business technology platform services help companies customize processes and enable users to easily create their own functionality.

With BTP, companies can connect data and processes across the system and connect to third-party software solutions. This eliminates the need for the old paradigm of maintenance-intensive custom code. With a development environment built into the BTP platform, companies can enjoy the benefits of customization without the complexity or maintenance headaches. In addition, they can leverage the platform’s core technologies, such as AI and automation, as they build.

End-to-end AI and automation

An integral aspect of the BTP architecture is to leverage the growing importance of automation and AI. With the BTP platform’s service-oriented design and flexible architecture, every department in the company can benefit from AI and automation.

Companies can connect any data source to an SAP AI engine or an external AI engine via BTP. In addition, AI can be integrated into any business process as needed, and the AI ​​part of that process can grow with technology.

Similarly, automation is enhanced by the software’s modularity and service model architecture. Automation can be added to any part of the backend system as needed, rather than being built into the software itself.

Greater cooperation and integration

Because enterprise resource planning (ERP) is the central nervous system of any company, SAP cloud solutions have always included extensive connectivity and integration with other systems. BTP relies on application programming interfaces (APIs) and integration points that connect platform modules to other software solutions. Integration and connectivity are taken to an even higher level.

From the outset, BTP was built to integrate business systems and operations. The platform’s modules communicate easily with each other, enabling organizations to quickly connect and transfer data as their business requirements change.

Application

At its core, SAP Business Technology Platform represents a radical departure from traditional business software, taking into account both the here and now and the future of enterprise software. Beyond the cloud, BTP is the most important development of back-end software. Helping our valued customers get the most out of their SAP investment is VSD Technologies’ specialty. We have extensive knowledge of business processes, proven experience in implementing all SAP modules, and technology that meets our customers’ unique business goals.

Source: Business NewsWire