SAP BPC powered by HANA on cloud removes a CFO'S nightmare
SAP or Systems, Applications and Products for Data Processing, is acknowledged as the global leader in software and software-associated service revenues. SAP is also the third biggest independent manufacturer of software applications.
One of the latest moves made by the company was to join up the High Performance Analytic Appliance (HANA) with SAP Business Suite. This utilizes “in-memory” database technology instead of the usual disk-storage system. This is a shift that may leave competitors lingering in the background.
The business suite powered by the innovative HANA platform can control every aspect of your operations in real-time. This contemporary collection of apps merges transactions and analytics in a single memory program. It is meant for modernization, faster business procedures and less complicated interface. SAP HANA puts together the functions of data processing with your files and provides libraries for planning, text-processing and enterprise mathematical techniques. The unique architecture merges Online Transaction Processing (OLTP) and Online Analytical processing (OLAP) and gets rid of data redundancy and dormancy. The newest technology is considered the most ideal program for creating and positioning modern applications as well as analytics.
As a pioneer of strategic applications, SAP BPC (Business Planning and Consideration) has opened more prospects for its clients and partners. Businesses can now cash in on trends such as large volume of data, social and cloud computing, machine-to-machine connections, and mobility issues.
SAP assists its customers to transform novelty into realistic solutions that will allow them and their respective clientele to become more efficient. The company’s target is to fortify the businesses of allies by giving them unparalleled access to the most recent technology and solutions.
The situation right now in the corporate domain and various industries is very different compared to how things were in the past. Mobility and the emergence of technology in the consumer market first before reaching out to the business and government sectors have affected businesses significantly. Many entrepreneurs are now refining their respective business models and having second thoughts about experiences of consumers. Technology is now the main source in rushing competitive returns and generating immense value for the general public. There is prevalent growth and efficiency and SAP is in the focal point of a technology-spurred transformation.
Management of SAP maintains that no other business entity has this kind of technology right now. Thus, this innovator maintains a considerable lead over competitors as far as implementation of this database know-how is concerned. The latest Business Suite from SAP now produces an environment that facilitates operational analytics and live data form of reporting. At present, you can see applications ranging from instantaneous financial planning using profitability and genome analyses.
HANA will remain as a principal strategy and management believes that nearly all of the company’s new clients will use the system after one or two years. Most corporate clients speak very well of this innovation because it is faster, more efficient and reasonable in terms of costs. Indeed, the High Performance Analytic Appliance on cloud can eliminate the nightmares of CFOs.