SAP S/4 HANA is the next generation Business suite for a digital world. The new suite is built on advanced in-memory platform, SAP HANA, and offers a personalized user experience with SAP Fiori. The solution is deployable in the cloud or on-premise. It is designed to drive instant value across all lines of business and industries. S/4HANA is also already connected to business networks and company-internal collaboration networks (for example, SAP Jam Collaboration) and prepared for the Internet of things.

SAP S/4HANA is composed of:
SAP S/4HANA Enterprise Management: Designed for enterprises across industries that need a deep and broad level of functionality combined with a high degree of flexibility in customization.
SAP S/4HANA LoB (Line of Business) Products: It enhances core functions of SAP S/4HANA Enterprise Management to provide additional business benefit for your line of business (LoB). Please note that you might need a separate license.