SAP launches business suite on HANA

According to a recent global survey of over 750 IT managers and business managers on challenges they face with separate platforms for transactions and analytics, IDC found 40% required more than two days to prepare financial data for reporting. When asked to identify the improvement that would have the most positive impact on their organisations, respondents elected "faster access to information" above all other responses."Faster analysis" was chosen as the third most impactful change.

SAP recently introduced its Business Suite powered by HANA, new product suite that brings analytics and transactions into a single in-memory platform. This represents a new option - it helps to provide customers with an ability to translate real-time insights to action while removing the complexity of redundant data and systems. SAP HANA helps customers navigate the dynamic market conditions of the Asia Pacific region, home to four of the five world's fastest-growing. This environment presents businesses with both challenges and opportunities. With fierce competition and ever-changing conditions, real-time access to information becomes critical for decision-making.

"With SAP Business Suite powered by SAP HANA, we are raising the bar higher to deliver a complete new user experience for our customers and partners. By combining analytics with transactions, customers can now manage all mission-critical business processes and get instant access to real-time information across SAP Business Suite applications," said Srikanth Gopalakrishnan, Vice President, Application Innovation, SAP Labs India. "With SAP Business Suite powered by HANA, customers can run smarter business innovations, faster business processes and simpler business interactions. The development of SAP Business Suite powered by HANA was a global collaborative project that started three years ago and leveraged on the huge talent pool at SAP Labs India."