SAP BW/4HANA is the same as the old SAP BW system, except that it's being hosted on HANA. Nowadays, SAP HANA is coming out with all the data warehouse features. You don't have to have SAP BW on HANA, HANA itself can offer that. SAP as 4HANA itself is taking over because it supports both OLTP and OLAP transactions at the same time.
One thing is that it costs more because you have to acquire that license for the product, which itself is a waste. If you can do that without the product, that's one thing. And then the performance. Performance is never so good with the old model, BW model that SAP developed because you need to extract the data, you have to load it, you have to put it into cubes, and you have to build your own warehouse, then it's ready for reporting, which is a very convoluted process. It's a long journey and a tedious job every day, every week, but that's how the world was working for several years.
If anything, they should only make it faster. You cannot blame the product completely because it depends on how well you built your cubes, as well as the database objects inside the data warehouse, and how efficient your SQL is.
I've been using this solution for about three years.
The system has always been stable.
The scalability is fine. The limitation is not the product, but limitation is the hardware for HANA because HANA hardware is very expensive. Everyone has to be very cognizant about how much data is really required and what data needs to be pushed. Otherwise the hardware costs for HANA database is going to be very, very expensive.
I would rate this solution a seven out of ten because it's not bad. The world has been running with the same product for several years, but now new products and new technologies are coming. They have their own challenges. That doesn't mean that this is bad.