According to the statistics reported by one of the prominent research firms, SAP skills have been ranked as one of the top 7 skills in IT in demand for the coming years. That certainly makes SAP FICO a lucrative subject to pursue.
So, it is very important to understand what the factors that make SAP such a hot subject in prolific demand are and also presents great career opportunities to people.
Why SAP Skill Sets are so much in demand?
SAP is definitely one of the top enterprise resource planning suites you can find. With the worldwide presence of the application being promulgated with partners such as Marvel Technologies Inc., SAP has a worldwide pool of client base from individuals to some of the giant companies. As such, SAP skill sets appear to be weak competitor skills related to JD Edwards, PeopleSoft and Oracle.
Which SAP module is in demand?
Further, here’s a list of the top SAP module skills that is likely to see tremendous growth over the coming years in the market. This SAP modules list has been prepared after rigorous steps taken by the analysis team. They have gathered this piece of information from different client demands and recruitment statistics.
Top SAP Modules in Demand
1. SAP ABAP
2. SAP PI/XI
3. SAP BI/BW
4. SAP FICO
5. SAP HCM
6. SAP HANA
For a career ahead in SAP, noted below are the skills to develop:
#1: SAP ABAP
SAP professionals skilled in SAP ABAP module are highly in demand. SAP’s module-specific 4th generation languages, called 4GLs is the skill set that employers are looking for. As a result, from construction mainframe businesses to larger corporations, SAP ABAP is crucial for business dynamics and operations just like financial management and materials management.
#2: SAP PI/XI
SAP Process Integration (PI) is also called SAP Exchange Infrastructure (XI). It is basically a NetWeaver component. SAP PI XI module forms one of the top rated SAP skill set because of its easy compatibility with products and software processes of different firms.
#3: SAP BI/BW
SAP Business Intelligence/Business Warehouse is an expertise that helps developers to meet the increasing demand of corporate world for readymade software solutions and efficient data storage or data warehousing. It is an indispensible SAP module at present.
#4: SAP FICO
Once again, SAP FICO is a central module of all SAP implementations. This SAP skill set has become the first priority of all major organizations like Sony and Tata for professional external reporting related to proper maintenance of Balance sheets as well as profit & loss statements. Another major key element that makes it an indispensible SAP skill set is that it has the ability of integrating with several vital SAP modules such as Materials Management (MM), Production Planning (PP), and Sales Distribution (SD).
#5: SAP HCM
Human Resource is an important part of every organization today. With the rising awareness and prominence of human resources, SAP Human Capital Management skill set brings an all-inclusive set of tools to ensure effective management of an organization’s most precious asset – people.
#6: SAP HAHA
Any person interested in developing skill sets in SAP HANA is probably a part of a large organization. SAP HANA is basically a comprehensive relational database management system. It can make it easier to handle complicated query processing as well as higher transaction rates on the same platform.
Factors that Make SAP Skills Really Hot
Perhaps, it is the numbers that speak!
Over the past couple of years, job advertisements for SAP skills have increased by over 60%. This rise is mainly because of the convenience of SAP modules and ease of use. Moreover, SAP is compatible on all major systems like IBM mainframes, NT and UNIX that use SQL Server, DB1 and Oracle database. Therefore, even the fortune 500 organizations prefer SAP.
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