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I think it’s fine. Have been doing mostly SAP for 15+ years and don’t feel pigeon holed as I use my projects to learn about my clients industry and deepen my process and function knowledge. If I have colleagues who come in to do operating model or change work, I understand what they’re doing and how they draw conclusions on where to focus. If SAP or its competitors release AI tools or any other new technology, I learn it.
The people who get pigeon holed are the ones who just want to do what they know and don’t spend time expanding.
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When I started with SAP in the very late 90s helping a company get off of old IBM AS400s, we'd still need to roll out an EDI expert who understood the original system and analyze how they were doing things and how we could create a similar expected ISO9000 compliant (aaaaargh yuck barf) output from SAP. The EDI programmers were absolute experts in their domain expertise, but they were only rolled out when needed because they were way too expensive because it went from a specific skill when AS400s started, to a commodified skill where the price dropped, and then back to a super expensive skill as the few experts that didn't retooled stayed in the space.
This is a long way of saying: I left SAP work well over 20 years ago because it really sucked and have had a lot of opportunity to learn a bunch of new things. SAP isn't going to magically be thought of as the cloud forward platform, where Microsoft, AWS, and Google are playing (and it's is a solid question on whether Oracle or SAP are in 4th or 5th)... So decide if your expertise is going to make a transition OR whether you are going to ride that pony long term and pray that some SAP system starts to pay better than the AS400s it replaced. Oh, except this time, all your code is being reviewed and rewritten by ClaudeCode and Cursor - which is definitely trying to put you on a platform that it would prefer to support.
I can't speak to long term, but I do think you run the risk of being pigeon holed