SAP Business Suite 4 SAP HANA (or SAP S/4HANA) is a business suite that is built on SAP’s proprietary operational database system and in-memory computing platform called SAP HANAThe S/4HANA product offering consists of two editions: SAP S/4HANA On-Premise and SAP S/4HANA Cloud. SAP S/4HANA On-Premise is similar in terms of coverage, functionality, industry-specific support, and localization to the current SAP Business Suite (in 39 languages, 64 country versions).The primary benefit of S/4 is that it runs in-memory, giving enterprises a centralised, streamlined business suite powered by close to real time data, which is especially useful for firms looking to take advantage of growing data streams - like online sales - or asset information coming from internet of things (IoT) sensors.