Which of the following are key aspects of SAP S/4HANA?

SAP S/4HANA is fundamentally different from its predecessors in that it is built on the SAP HANA in-memory database. This architecture allows for faster processing of transactions and analytics within real-time data. The integration of this database enables advanced features such as improved data processing, simplified data structures, and greater reporting capabilities. As a result, businesses can access real-time insights and make informed decisions based on up-to-date information, enhancing overall operational efficiency.

The emphasis on being built on SAP HANA is crucial since it represents a technological shift aimed at enhancing performance and user experience, unlike traditional databases that may not support such enhanced functionalities. This foundation is a major contributor to the advanced capabilities that S/4HANA provides. In contrast, increasing the data footprint or having minor changes in the data model do not capture the core advantages associated with the S/4HANA architecture.