The document discusses how to create a space in the SAP Fiori Launchpad for SAP S/4HANA Cloud. A space is an organizational unit that contains pages and apps. To create a new space, a user enters a unique space ID, description, and title in the Manage Launchpad Spaces app. The user can also create a page for the new space by providing a page ID, description, and title. After creating the space and optional page, the user can add more pages to the space and assign it to business roles.