Get Answers You Need with SAP HANA
Information is everywhere these days. Wherever you are located, there are huge amounts of information passing through your business on a daily basis. Chances are you have a good idea of the path you want to follow in and the big picture, but how do you consume so much information? How do you measure the specifics that lie within the information? What’s the ultimate goal? Think of data as a highway. How do you measure which lanes of the highway are most frequented? What about the speed cars travel? What color are the cars? How long of a distance are they traveling? Without the proper access to information, you can’t answer these questions. Simply put, you don’t have all the information you need and you don’t have time to analyze what you do have.
But, what if you were able to see all that information, down to the very last minute detail? Luckily, SAP HANA is a solution that makes all that and more possible. HANA is a completely re-imagined platform for real-time businesses. HANA is a new type of database built on in-memory technology, which allows you to rethink your business operations. Before going into detail on the key features of HANA, it’s important to discuss the business problems that HANA addresses:
Information Explosion – How fast do you respond to important information? Better yet, how fast CAN you respond to important information? The more time that passes by between the creation of information and your organization’s reaction, the more the chances are you will fail. Companies today have too much information than they know what to do with, and unfortunately data grows tenfold each month.
How People Consume IT – in an instant gratification world, people want instant access to information immediately, regardless if it proposes risk or opportunity. The challenge most businesses face, though, is the fact that the best moment to consume data is usually quickly fleeting. People want the right answers, anywhere, & anytime and if the moment passes and your business has not taken the right action, it has failed.
IT Doesn’t Deliver – If you experience the above two issues, you probably understand how this puts IT in a difficult position. If the data explosion is too extreme and the cost of managing it is too high, there is no practical way to instantly analyze everything and IT simply cannot deliver. And like I mentioned, the fact that data just keeps growing means you will never really achieve an opportunity to be “ahead of the curve”.Now that you understand the issues that businesses face while trying to consume information, you realize that you need to find a way to deal with all of this. You need a way to process and analyze massive amounts of data in real-time. Luckily, SAP HANA takes on that role and uses groundbreaking in-memory hardware and software to manage data on a bigger scale. And not only can HANA focus on bigger scale data, but it can do so at amazing speeds.
If you are looking for instant access to real-time transactional information and analysis while still maintaining a strong level of flexibility, we strongly encourage you to check out SAP HANA. Not only does it provide the flexibility to analyze new types of data in various methods, but it even allows you to build new applications that were never even possible before. Stay tuned for next week’s blog that will go into further detail on the main components and capabilities that make SAP HANA such a powerful solution. Please don’t hesitate to contact us with any questions!