SAP S/4HANA Cloud is the cloud edition of SAP's ERP suite, built on the in-memory HANA database. It covers finance and controlling, procurement, production planning, sales, supply chain and project management in one system, and targets mid-sized companies, growing enterprises and multinationals. The public edition is a multi-tenant subscription service that SAP operates itself and updates every quarter; a private edition and an on-premises variant also exist. The software is proprietary.
SAP SE is headquartered in Walldorf, Germany, and listed on the Frankfurt Stock Exchange, so there is no foreign parent company. SAP runs the public edition in certified data centres and handles operations, upgrades and security. The data centre and region serving a tenant are not published on the product page. European organisations should therefore pin down the location, sub-processors and the region of connected services in the contract and the service description.