KARACHI, Sept 22: SAP AG announced two new solutions built on SAP HANATM, the company’s in-memory computing platform. With the platform, SAP is renewing its existing applications and delivering an entirely new class of applications that change the way people think, work, plan and operate.

The two new solutions — SAP® Smart Meter Analytics software powered by SAP HANA and SAP® COPA Accelerator software — were developed by SAP product and design teams working in close collaboration with customers, using design-thinking principles that work from the end-user needs backward.

For example, these new applications are designed to give people real-time insight into “big data,” allowing them to leverage vast amounts of information for analysis, planning, and forecasting and simulations in a more fluid, natural way versus traditional approaches that are rigid, sequential and time-consuming.

With the SAP HANA platform, companies now can run complex analyses, such as simulations and pattern recognition in seconds, enabling sweeping innovations in the way they run their businesses. SAP HANA delivers the following core capabilities: Single database with native support for row and columnar data stores; Powerful and flexible data calculation engine; SQL and MDX interfaces; Unified information modeling design environment; Data repository to persist views of business information; Data integration capabilities for accessing SAP — the SAP NetWeaver® Business Warehouse component, the SAP® ERP application, etc. — and non-SAP data sources as well as Integrated life-cycle management, says a press release.