SAP's In-Memory Computing Technology Transforms How People Work and Think

Germany’s enterprise application software supplier SAP AG has charted a new road map of in-memory applications that will help customers to become real-time businesses, transforming the way they think, plan and operate. Based on a foundation of SAP In-Memory Computing technology, SAP (News - Alert) will deliver a new reality for enterprise software, which consists of three key dimensions.

The first represents breakthrough analytics that will help SAP customers analyze massive amounts of data in real-time. Second, SAP will develop new applications and renew its existing solutions in ways that were not previously possible. And third, SAP will dramatically simplify customers' IT landscapes by reducing redundant layers and allowing customers to build applications that enable operations, planning and analytics at the same time. This was announced Wednesday at SAP Run Better Tour in Boston.

In presenting the road map, SAP introduced a new family of applications that promise to transform how people do business, enabling them to simulate outcomes, plan faster and view business problems more holistically than before, according to SAP. For example, said the supplier, planning previously required data aggregation from various transactional systems, or was done with spreadsheets containing static data. In the future, people will be able to develop and execute business plans in real time, based on dynamic transactional data being constantly updated by the business, stated SAP>

In the upcoming year, SAP plans to release the following applications that include completely new applications as well as existing SAP solutions revamped with the power of in-memory computing:

• Sales and Operations Planning;
• Intelligent Payment Broker;
• Smart Meter Analytics;
• SAP Trade Promotion Management application;
• SAP Cash and Liquidity Management application.  

In a statement, said Vishal Sikka, executive board member, Technology and Innovation Platform, SAP AG, "With in-memory computing technology at the core, SAP is on its way to a new foundation for real-time business that brings together its innovations in virtualization and cloud management, open integration as well as on-demand and mobile platform technologies." He added, "We predict a future that will change the way people work and think by providing customers with amazing new applications that open new areas of business value without adding complexity to their existing landscapes."