is/server_version is a SAP Parameter attribute which is used to control Official version of the kernel information. This is available within R/3 SAP systems depending on the version and release level.
Below is the standard documentation available and a few details of the attributes values .
This parameter contains the official version of the application server.
The application server uses this version to identify itself with
communication partners (for example, for HTTP requests). The version is
appended to the server name specified in
See SAP Parameter Documentation for full SAP documentation for this profile parameter.