The announcement was made today at SAP TechEd 2011 from Sept. 12-16. Both applications are designed to give people real-time insight into “big data,” to leverage vast amounts of information for planning, analysis and forecasting in a more fluid way.
“There is a massive simplification happening all around us. Layers are being dissolved at an unbelievable pace; people, businesses, data and machines are becoming more directly connected. This virtuous cycle of connectedness leads to disintermediation of layers, which drives end-users to become more empowered and demand better user-experience “” challenging us to create more connectedness,” said Dr. Vishal Sikka, Executive Board member, Technology and Innovation, SAP AG.
“This is leading to a fundamental renewal and reshaping in the IT industry, and SAP HANA is helping to drive this change. SAP HANA removes the inefficiencies and layers that have developed over time, but also finally delivers the unbelievable user experience, simultaneously enabling new horizons and simplification of the existing layers of complexity, without disruption. The incredible customer response is proof that we are delivering this renewal with SAP HANA, and these applications are just the beginning of what we will do,” said Dr. Sikka.
SAP COPA Accelerator software aims to improve the speed and depth of working with large volumes of financial data. SAP Smart Meter Analytics, powered by SAP HANA, aims to help utility companies to instantly turn this “big data” into powerful insights that they can use to develop more tailored customer offerings.
SAP HANA can be deployed via the cloud and allows data calculation, repository and integration, single database, unified information modeling design environment and SQL and MDX interfaces. Additionally, SAP has launched a site that includes demos, solution briefs and collaboration with customers enabling participants to learn and implement SAP HANA.