BI 4.1 SP1 to other Service Pack upgrades

Hi,
Currenlty we are on SAP BI4.1 SP1 since Dec2013. I see that SAP has released SP2 and SP3. My question is when to make the decision of upgrading to higher service packs? Is it necessary to upgrade if the system is running fine with out any issues? Will I be able to upgrade directly from SP1 to a newer version of BI in future (lets say BI 5.0)?
we are using a custom build java UI as the front end and the servers are Windows 2008 R2.
Thanks!

there is no correct answer that will fit all for this.
If you have no problems at all in your system and not interested in some new functionalities added in Sp3, then you do not need to upgrade.
However, if a problem happens or something is not working as expected you might be asked by SAP to upgrade (if the issue is known to not exist in the newer version)...
It is impossible to say if you'll be able to upgrade directly to BI5 (or whatever new major version name will be).
it is quite possible you'll be able to upgrade directly to BI4.2 or 4.3, but probably not to Bi4.4 (judging on previous releases, direct upgrade was possible within 2 service packs)... but again, we won't know until those releases are available.

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