HANOVER, Germany, March 5, 2013 /PRNewswire/ -- SAP AG (NYSE: SAP) today announced SAP® Business One, version for SAP HANA®, the first business management solution for small and midsize enterprises (SMEs) running fully in memory. The application is a scalable, affordable solution with embedded analytics capabilities and high-volume transactions to empower SMEs to run their businesses in real time. The announcement was made at CeBIT 2013, being held March 5-9 in Hanover, Germany.
The version of SAP Business One for SAP HANA, in restricted shipment today, will offer the complete small business essentials in one single user interface, helping users operate their businesses from end to end — from operational to strategic level and with improved visibility and control. SAP Business One, version for SAP HANA, will help companies dramatically reduce reporting response times, enabling employees to be both more productive and more effective in their decision-making. The speed offered by in-memory computing will help small businesses to answer previously unsolvable problems, and will allow all users to become more efficient by leveraging out-of-the-box features of the application for enhanced user experience. These include enterprise search and powerful interactive operational analysis, which enable business workers to deal with information in their daily work more effectively.
The ability to gain deeper insight into operational analytics will enable SMEs to accelerate business processes through a platform designed for scalability and better system performance in a highly concurrent environment. The new application powered by SAP HANA will integrate the capabilities of an in-memory platform with the company's existing SAP Business One application. The version of SAP Business One for SAP HANA offers real-time business insights from the same system that runs the transactional processing, eliminating the need for a separate data warehouse and thus helping lower costs and reduce IT landscape complexity. SAP Business One, version for SAP HANA, will empower small enterprises to cope with the unprecedented growth and "big data" of the convergence of social, device, equipment and corporate data.