Hello Zenon,
S/4HANA has already the standard EM Application interface. So an integration to EM will technically work.
But you cannot install EM on an S/4HANA system. Only side by side installations are supported.
It was already discussed here:
https://archive.sap.com/discussions/thread/3883039
How the integration to TM will be affected i cannot say at the moment. But as the EM application interface is also used there it should be possible. But also only side by side.
Best regards,
Steffen
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