The Story So Far
SAP Business One not only has a long and exciting future ahead, with a solid roadmap of planned innovations and technological developments, but it has reached this point over more than twenty years of history.
SAP Business One was initially launched in Israel in 1996 under the name of TopManage. It was initially only sold in Israel but branched out into new markets in Europe and Latin America in 2000. In 2002, Top Manage Financial Systems was purchased by SAP and rebranded as SAP Business One – an acquisition that enabled SAP to access the SME market as well as divisions and subsidiaries of its large enterprise customers. SAP Business One was released globally in 2004 and since then has continuously evolved to keep abreast of technological developments. SAP began research into in-memory database technology in 2006 and released SAP HANA v.1.0 in 2011; SAP Business One HANA was released in 2012 with the ambition to turn it into the digital core platform for the modern SME.
With a technology strategy designed to deliver the intelligent enterprise, it gives customers the tools to grow and compete in the future. The technology strategy focuses on providing a powerful platform that leverages Cloud technologies and applied intelligence to offer a consumer-grade experience, with built-in integrations that require little or no intervention to other SAP or third-party products.
SAP Business One is now used by more than 70,000 customers across 170 countries. With 50 country localisations and 28 languages so far, it is truly a global product designed to support digital transformation and enable customers to capitalise on technology to accelerate their business growth.
SAP Business One has been successfully deployed in the Cloud since 2013, and with the release of version 10 in 2020, a move towards a full web-client model is being adopted. Version 10 also utilises SAP HANA 2.0, which incorporates the latest in-memory database innovations.
“Ascarii’s approach to the project has been refreshing. They have worked with us as a partner and got to know our business. They have advised where to invest to make the biggest gains, and importantly, where not to invest as we wouldn’t see a valuable return. We couldn’t have been happier with the outcome. The biggest benefit has been the improvement in reporting and business intelligence, we now have insights into our business that were not available to us previously and already this is shaping our strategic direction.
It’s important to us and our clients that we work towards delivering the best possible products and service. We’ll continue working with Ascarii to help us achieve this.”
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