SAP BW/4HANA is SAP's packaged data warehouse, built on the SAP HANA in-memory database. Organisations use it to consolidate data from SAP applications such as SAP S/4HANA and from non-SAP sources into one consistent view for reporting and enterprise analytics. It follows a logical data warehouse approach that reduces data movement between warehouse layers, with simplified modelling and administration. It targets enterprises with existing SAP landscapes, in particular current SAP BW users moving to this HANA-based successor, and can run on-premises or in the cloud.
SAP is a publicly listed company headquartered in Walldorf, Germany, with no controlling shareholder, so there is no foreign parent. With an on-premises installation you run the system on your own infrastructure and decide where the data resides. In a cloud deployment, data location depends on the hosting arrangement with SAP or the infrastructure provider, which a European organisation should check contractually. BW/4HANA is proprietary software that runs on SAP HANA, tying the data warehouse to the SAP technology stack.