Heralded as the next generation of analytics, the SAP HANA platform is being put to good use by businesses across the world. It uses tech such as big data to unlock unprecedented insights for businesses of all shapes and sizes across many different industries. With some reports suggesting that only 1% of today’s data is being turned into actionable insight, SAP HANA’s ability to capture and analyze large amounts of information across a whole host of business applications is transformative. Turning raw data into valuable business insight in real-time means that it holds the key to overhauling how businesses use their data. It drastically improves performance and makes a real, tangible difference to the bottom line.
SAP HANA is an innovative, in-memory computing platform which facilitates the processing of large amounts of data in super-fast time. In very simple terms, it’s a new type of database, albeit one that runs faster, capturing data from right across the business. The product of which is real-time analytics for unprecedented levels of actionable business insight and improved decision-making.
SAP HANA isn’t just for big businesses. It’s all-encompassing. It helps SMEs to innovate and grow while cutting down on IT complexity, dramatically improving the responsiveness of all business functions. Reports that previously took days or hours to run and compile can now be carried out in minutes or even seconds - and with up to 2,000 times faster intercompany reconciliations and 100 times faster query performance. SAP HANA is for any business that has huge amounts of data to deal with. Which, in our global digital economy, is pretty much every business there is. Ultimately, SAP HANA is the optimum way of making the most of big data. Taking the data and analyzing it uncovers and exploits business opportunities, improving business processes and reducing IT complexity - all of which help to grow profits and maintain competitive advantage.
SAP HANA runs 3600 times faster than traditional SQL platforms, speeding-up data analysis considerably. This enables users to process millions of records in just seconds, making for much faster decision making based on real-time business insight. Add to this SAP HANA’s ability to quickly and easily create ad-hoc views without the user needing to know where the data sits and you can see why it’s proving so popular with growing businesses with limited data analysis resources in-house. Its ease of use simply adds to its utility as a solution. There’s no need for any data preparation, pre-aggregates or tuning, meaning that for many organizations it’s a significant reduction in complexity for a more valuable outcome.
The level of insight provided by SAP HANA is second to none. Interactive analysis tools such as simulation and pattern recognition mean that users can uncover trends, predict behaviors and anticipate outcomes more precisely than ever before. Be it calculating cash forecasts, forecasting sales figures or predicting required equipment maintenance, SAP HANA provides a full vision of the organizational future for the business. It’s only with this kind of foresight that businesses are able to make proactive decisions, implementing future-proof business plans and staying one step ahead of the competition.
When it comes to future-proofing your business, SAP HANA has a key role to play. One of the core components of the next generation of Intelligent Enterprises, SAP HANA’s advanced data management capabilities enable businesses to use their own databases to power applications. This means successfully managing data warehousing and carrying out advanced analytics with ease. Streamline your data processing, analyze data instantaneously and uncover previously hidden insights. SAP HANA means working hand-in-hand with a robust data management strategy, again one of the pivotal parts of any Intelligent Enterprise.
SAP HANA furnishes a business with real-time visibility of the entire organization, integrating all data to build a comprehensive view of the whole business. Something that’s nigh on impossible to achieve via other methods. It provides maximum visibility of the organization at all times and without delay - the only way to ensure that decisions are intelligent and informed (based on hard facts and precise figures). With SAP HANA at the heart of business, decision-makers can instill both speed and accuracy in the decision making process throughout the business, helping to solve even the most complex of business problems while laying robust foundations for future business growth.
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