SAP HANA is stylish and slim, with a quick and clever mind
HANA is a bit of a big deal in the world of technology, with innovators and early adopters across the world falling head over heels for the game changing solution; implementing HANA to get their businesses ahead of the herd and as a result quickly receiving the benefits of a platform that is quite literally transforming data processing forever.
Why HANA is a big deal
SAP HANA is more than just a technological advancement; it represents a significant shift in how businesses operate and leverage data. Here’s an expanded explanation of why HANA is a big deal:
SAP HANA introduces a radically new IT architecture that revolutionizes the way businesses process and analyze data. Traditionally, organizations have had to rely on separate systems for transaction processing and analytical tasks, resulting in data silos, latency, and inefficiencies. However, SAP HANA combines high-speed analytical and transactional processing, along with advanced real-time analytics, all within a single platform.
One of the key advantages of SAP HANA is its ability to process vast amounts of data at lightning-fast speeds. By storing data in-memory, rather than on traditional disk-based storage, HANA eliminates the need to retrieve data from slower disks, significantly reducing processing times. This means that businesses can perform complex calculations and queries in real-time, enabling them to make informed decisions and respond to changing conditions promptly.
With HANA’s powerful in-memory computing capabilities, organizations can gain deeper insights into their data. HANA’s advanced analytics capabilities allow for complex data modeling, predictive analysis, and machine learning, enabling businesses to uncover hidden patterns, trends, and correlations within their data. This empowers companies to make data-driven decisions, optimize processes, identify new business opportunities, and improve overall operational efficiency.
What does that actually mean?
Something like your accounting or ERP system can be split back to just two processes:
- Recording transactional data: capturing transactions, processing transactions, classifying them, storing them and retrieving them – all quickly ideally.
- Analytics: whatever application program or programs you’ve used to record all of this then needs to be a source of information that will tell you about the past, present and future of your business in the form of analytics, or business intelligence, without which a business has no basis for planning or direction.
These processes are so different that the usual ERP systems have just always created two areas to conduct each process separately. One’s data is then replicated and reorganised to form analysis or reports – usually by extracting, transforming or loading. This is what takes time, causes errors and can generally be infuriating if it goes wrong or causes delays.
The difference with SAP HANA is that it supports both analytics and transactions simultaneously by keeping all of the data together, in its vast memory, all of the time. This mean that the data can be used throughout different programs, by different people, changed, transformed and extracted in real-time – all without delays, errors or the strong urge to throw your computer out of the nearest window.
There are of course further business benefits to SAP Business One HANA, including:
- Enhanced business process visibility and responsiveness
- High speed data analysis at all levels of granularity, for everyone in the organisation
- Reduction of IT ownership costs
To find out more about SAP HANA and how it can benefit your SME business, contact Signum Solutions on 01244 676900, email enquiries@signum-solutions.co.uk or for a video overview, see the SAP HANA Video
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