SAP has released its High-Performance Analytic Appliance (HANA) software tool, designed to allow businesses to analyse corporate data.
According to PC World, SAP also plans to release a whole new range of software to work on this kind of technology.
HANA uses an in-memory computing engine that stores all data about to be processed in RAM instead of taking it from flash drives and hard disks, resulting in faster data processing. SAP plans to pair HANA with its enterprise resource planning (ERP) systems to offer real-time data analysis.
SAP has also announced the Strategic Workforce Planning solution for HANA, which would allow managers to determine workforce requirements in any enterprise scenario, including mergers and acquisitions.
Meanwhile, SAP's co-CEO Jim Hagemann Snabe has announced that IT investments are on the road to recovery.
Snabe told the Wall Street Journal: “We are beginning to see these investments come back. Companies are moving ahead again and investing in IT, particularly in software.”