March 6, 2013
, a leader in social analytics and engagement solutions, today announced that it was named a winner in the 2012
SAP HANA® One Innovative App Contest
. The contest required companies to create an innovative application solving real-world problems using the SAP HANA One platform. The "Event Monitoring & Analytics" solution developed by NextPrinciples on SAP HANA enables the processing and delivery of social analytics in real time for large organizations with demanding needs. NextPrinciples recently launched its Insight-To-Action platform enabling medium-to-large companies to offer a consistent customer experience through its unique integration with leading CRM systems.
NextPrinciples has been a member of the SAP® Startup Focus Program since its inception. "The cooperation with SAP has been mutually rewarding," said
, founder and CEO of NextPrinciples.
Companies today are faced with the challenge of sifting through and reacting in real time to the large volume of chatter on the social web. The SAP HANA One platform allows NextPrinciples' Insight-To-Action platform to process millions of interactions in real time and deliver social analytics 300 times faster compared to traditional architectures.
"By using SAP HANA, Insight-To-Action is able to collect, analyze and act on the overwhelming number of social conversations happening daily," said Krishnaswamy. "We are thrilled to be a contest winner and look forward to leveraging the SAP HANA platform to continue fulfilling our promise of insightful and real-time social analytics for our largest customers."
"We are excited to have NextPrinciples as a member of our Startup Focus Program," said Dr.
, member of the SAP Executive Board, Technology and Innovation. "They were one of the first pioneering startups to deliver their solutions on SAP HANA. Their solutions are already helping companies provide a consistent customer experience, as the workforce of the future is increasingly embracing digital and social technologies. The availability of SAP HANA One on Amazon Web Services will further accelerate the adoption of SAP HANA and solutions like NextPrinciples' Insight-To-Action."
, NextPrinciples was founded in 2010 and has pioneered Insight-To-Action, an integrated social analytics and engagement platform designed to help medium-to-large organizations create, manage and monitor lasting relationships with customers, influencers and prospective customers through all channels, social or otherwise. NextPrinciples has technology and go-to-market partnerships with Microsoft and SugarCRM and has gained recognition by many institutions such as SNCR, Enterprise 2.0 conference, CRM Idol and most recently ZDNet's CRM Watchlist 2013.
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