SAP, a world leader in enterprise software and software-related services, said that with digitization driving transformations in businesses, the need for solutions to guarantee real-time engagement has become more imperative.
Speaking during a Forum, SAP organized for IT experts in Lagos, at the weekend, Simon Carpenter, head, Premier Customer Netrwork and director, Strategic Initiative, SAP South Africa (PTY) Limited, collaborated findings that IT environments are moving into an era of unprecedented change across multitude of dimensions, hence the world is shifting from atoms to bits.
The changes, he said, unveil new windows of opportunities for business to innovate and grow.
“There are a lot of big data and analytics to show that the businesses are not the same in terms of operations, especially in IT usage. For instance, 71% of CEOs believe that customer satisfaction is the next battleground. On the other hand, there is an operating margin of 60% increase among retailers that leverage on big data, among other findings,” he said.
He added that the Company introduced SAP HANA, a combination of database, data processing, and application platform capabilities in-memory as a platform that provides libraries for predictive, planning, text processing, spatial, and business analytics.
Nigeria CommunicationsWeek learnt the new architecture enables converged OLTP and OLAP data processing within a single in-memory column-based data store with ACID compliance, while eliminating data redundancy and latency.
“By providing advanced capabilities, such as predictive text analytics, spatial processing, data virtualization, on the same architecture, it further simplifies application development and processing across big data sources and structures,” Carpenter explained.
The solution makes SAP HANA the most suitable platform for building and deploying next-generation, realtime applications and analytics.
The Power of SAP HANA emerges from its real-time and operational analytics.
With transactional and analytical data stored together, he added, SAP HANA provides on-the-fly analysis for all combinations of data.
It makes immediate decisions using real-time operational analytics whether the data comes from your SAP applications, third-party solutions, or custom applications.
SAP also shares on its website the “Big Data Warehousing”, an important aspect of SAP HANA, which unleashes the potential of Big Data with its ability to handle large volumes and a variety of structured and unstructured data in real-time.
It also provides a powerful suite of predictive, spatial, and text analytics librairies that can run across multiple data sources.
The consumerization of IT is transforming customer interaction to real-time personalized engaging experiences, hence users can deliver innovative new applications with precision targeting and real-time consumer insights.
And SAP HANA is deployable as managed services in the cloud or as an optimized on-premise appliance with tailored data center integration.