Welcome!

Artificial Intelligence Authors: Zakia Bouachraoui, Liz McMillan, Pat Romanski, Jason Bloomberg, Yeshim Deniz

Related Topics: @CloudExpo, Microservices Expo, Containers Expo Blog, Artificial Intelligence

@CloudExpo: Press Release

SAP New Generation of In-Memory Applications

SAP In-Memory Computing Technology Provides a Foundation for the New Real-Time Business

"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," said Dr. Vishal Sikka, executive board member, Technology and Innovation Platform, SAP AG. "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."

SAP AG, on Thursday announced 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 will deliver a new reality for enterprise software, which consists of three key dimensions: the first represents breakthrough analytics that 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.

Road Map for New Applications Powered by SAP In-Memory Computing
Today SAP introduces a new family of applications that will transform how people do business, enabling them to simulate outcomes, plan faster and view business problems more holistically than before. For example, 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.

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: an application that will enable sales and marketing departments to collaborate with operations and finance to drive strategic decisions that improve the bottom line. Built on SAP In-Memory Computing technology, this application will allow these employees to collectively evaluate the financial impact of their strategy on demand and supply scenarios. Supply chain management will be able to create simulations and "what-if" scenarios based on detailed transactional data.
  • Intelligent Payment Broker: a financial application that will use SAP In-Memory Computing to calculate and offer financing options on open invoices. By analyzing current and historical data, the application will be able to intelligently propose which discounting terms should be offered on which invoices. In-memory computing technology will help eliminate guesswork behind discounting and help professionals predict the impact of these finance terms on customers' liquidity.
  • Smart Meter Analytics: an application that will allow utility companies to analyze smart meter readings to forecast demand, analyze profitability of customer segments and develop new products. SAP In-Memory Computing will make it possible to process the potentially massive amount of data coming from these devices in real time and react quickly to changes in energy production or consumption.
  • SAP Trade Promotion Management application: software that helps ensure that the trade promotion process and forecasts are based on solid historical facts. The application will use in-memory computing technology to improve the planning process. Promotional spending can equal 20 percent of the annual revenue for a consumer product goods company. This new solution will help more accurately develop strategies for particular customers, with numerous products within particular time intervals.
  • SAP Cash and Liquidity Management application: a core process within SAP® Business Suite software that allows an enterprise to predict inbound and outbound cash flows and drive key activities such as collections, risk management and short-term borrowing. SAP In-Memory Computing will allow people to explore that data at any level of granularity or hierarchy - for example, regional, country-wide or global - and act on that data.

Breakthrough Analytics and a Simplified IT Landscape
With SAP In-Memory Computing as the foundation of its enterprise software architecture moving forward, SAP customers will benefit from breakthrough analytics and a simplified IT landscape. For example, the latest releases of business intelligence and enterprise information management solutions from the SAP BusinessObjects portfolio, announced last month, are built to work on top of SAP In-Memory Appliance software (SAP HANA), combining the user-friendly SAP BusinessObjects solutions with the speed and performance of SAP In-Memory Computing. The launch last year of SAP HANA gave SAP Business Suite customers instant visibility into huge volumes of transactional information, enabling them to make better decisions.

Third, SAP In-Memory Computing will help customers significantly simplify their existing IT systems. For example, this technology eliminates the need for data caches, aggregations or batch processing. Eventually, in-memory computing technology will help customers reduce their database usage and reliance on disks, leading to a fewer layers and a simpler architecture.

More Stories By Elizabeth White

News Desk compiles and publishes breaking news stories, press releases and latest news articles as they happen.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


IoT & Smart Cities Stories
All in Mobile is a place where we continually maximize their impact by fostering understanding, empathy, insights, creativity and joy. They believe that a truly useful and desirable mobile app doesn't need the brightest idea or the most advanced technology. A great product begins with understanding people. It's easy to think that customers will love your app, but can you justify it? They make sure your final app is something that users truly want and need. The only way to do this is by ...
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. The company uncovers patterns and precise drivers of performance and outcomes with the aid of machine-learning algorithms, big data, and fundamental analysis. Their products are deployed...
The challenges of aggregating data from consumer-oriented devices, such as wearable technologies and smart thermostats, are fairly well-understood. However, there are a new set of challenges for IoT devices that generate megabytes or gigabytes of data per second. Certainly, the infrastructure will have to change, as those volumes of data will likely overwhelm the available bandwidth for aggregating the data into a central repository. Ochandarena discusses a whole new way to think about your next...
CloudEXPO | DevOpsSUMMIT | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Cell networks have the advantage of long-range communications, reaching an estimated 90% of the world. But cell networks such as 2G, 3G and LTE consume lots of power and were designed for connecting people. They are not optimized for low- or battery-powered devices or for IoT applications with infrequently transmitted data. Cell IoT modules that support narrow-band IoT and 4G cell networks will enable cell connectivity, device management, and app enablement for low-power wide-area network IoT. B...
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...