What is a new feature in SAP S/4HANA for improving data analysis?

ABAP Managed Core Data Services (CDS) is a significant new feature in SAP S/4HANA that enhances data analysis capabilities. CDS allows developers to define semantic layers over the underlying database tables and views, making it easier to create complex data models. This enables organizations to perform analytics directly on the database, leveraging the in-memory capabilities of HANA for real-time data processing and analysis.

With CDS, it’s possible to simplify the way data is accessed and manipulated. It provides features such as data aggregation, filtering, and the ability to build complex queries without extensive programming. This streamlines the process of reporting and analytics, allowing users to gain insights faster and more efficiently. Additionally, CDS views can be consumed by various front-end applications, enabling a wide range of analytics tools to leverage these sophisticated data models.

This capability is particularly important in an ERP context, where timely and accurate data analysis can directly impact business decisions and operational efficiency. The integration of CDS within the SAP S/4HANA environment exemplifies the shift towards a more data-driven approach in enterprise resource planning.