Organizations all around the world are using SAP for the integration of all its key functions and processes that are required for running a company in one single platform. SAP B1 HANA will combine a number of data management capabilities which makes all kinds of data available from one system. It helps businesses to innovate and simplifies their processes. Let us know in detail about SAP HANA.
What is SAP B1 HANA?
SAP B1 HANA (HANA stands for High-performance Analytic Appliance) is the in-memory platform that will store the data in its memory rather than keeping it on any disk. This in-memory, multi-model database enables the running of advanced analytics and quick transactions in one single system. Organizations are able to process huge amounts of data and become data-driven in the true sense. SAP B1 HANA brings together online analytical processing (OLAP) and online transactional processing (OLTP) together and stores data in the column-based tables in the main memory. It is undoubtedly faster compared to other database management systems in the market.
SAP B1 HANA was launched in 2010 and provides advanced analytics, search, as well as integration capabilities for structured and unstructured data. It helps businesses to build effective applications which are insight-driven on the basis of real-time data, machine learning technology, and in-memory computing. These capabilities can be found both in the cloud and also on-premise. SAP HANA removes any kind of complications and unnecessary business costs which are found in the legacy IT architecture so that the business processes can be efficient, fast, and simple.
What does SAP B1 HANA offer businesses?
- Provides visibility throughout the whole supply chain.
- Makes it easier to comply with the regulations of the industry.
- Provides Real-time access to the data across operations.
- Offers innovative capabilities, such as pre-built reports, and dashboards.
- Reduction in the total cost of ownership as a result of less maintenance and hardware.
- Enhancement in the planning, sales, financial, and production processes.
- Businesses are able to generate interactive reports very fast for better decision-making.
- Offers a single centralized system for the transactions as well as analytics.
Difference between SAP B1 HANA and SAP Business One
There has been a lot of discussion on the differences between the SAP Business One SQL and the HANA versions. Organizations wanting to implement SAP Business One have the option of choosing from these two versions. SAP B1 HANA provides some benefits over the Sap B1 SQL version, which are extra analytical and integration options and added functionalities. The traditional SAP Business One version uses a Microsoft SQL database, and on the other hand, the SAP B1 version that is running on the SAP HANA will use the SAP Hana database. For SAP Business One customers, a choice of databases between the MS SQL Server and SAP HANA. SAP has provided functionality into SAP B1 that will be only available in the SAP B1 HANA version.
There are new functions as well as features on SAP B1 HANA. HANA-only functionality will include the following –
- Enhanced and even extra analytical options
- There are extra integration choices as well
- Additional functionalities include Intelligent Forecasting and Delivery Schedule Management
- Latest HTML interface
- Business HANA features
Benefits of using SAP B1 HANA
The SAP B1 HANA database provides a number of benefits which are not just storing and serving of data. Here are the top benefits of SAP B1 HANA, both on-premises as well as with the SAP HANA Cloud versions –
- SAP B1 HANA incorporates database services, advanced analytics, the development of an application, and also the integration of data.
- Responding to queries very fast in the huge production applications.
- Supporting hybrid transactional as well as analytical processing.
- No data duplication, fewer data silos, and advanced compression.
- Offers massively parallel processing (MPP) database.
- Scales data volume as well as concurrent users easily.
- Can be deployed in a public or private cloud, in many clouds, on-premise, or even in a hybrid scenario
- Providing a single gateway for all the data.
- Boosts analytics with the help of in-built machine learning.
- Offers extensive data and a secure setup etc.
SAP companies in Pune
Every organization will need an effective ERP software like SAP Business One that will offer a number of deployment methods, an enhancement in security as well as privacy, and also customization. A reliable SAP provider will be able to offer effective integration as well as development solutions for businesses according to their requirements. You can choose from a number of SAP companies in Pune. One of the leading SAP companies is Praxis Info Solutions which will help in deploying the best ERP solution for any kind of business. Praxis Info Solutions is a reliable SAP partner in Pune which provides the best SAP Business One Solution to small and medium-sized enterprises in Pune. They have a record of delivering the best services across many industries.
Takeaway
For an SME to run smoothly, real-time information is required for making the best decisions. SAP B1 HANA One quickens the processing time which makes it easier to get that information fast. SAP B1 HANA will fasten the planning cycles, the processes of sales and production, and financial transactions. It will also help in reducing the price of the hardware as well as simplify the process of reporting. It will search through the data quickly and the reports can be generated within a few minutes. Large amounts of data in the organization that are very complicated can also be processed quickly and get data in real-time.SAP B1 HANA has analytics that helps in the delivery of crucial information to all. Users are able to benefit greatly from effective and user-friendly dashboards that will be embedded in the SAP Business One screens. Business transactions can be completed much more quickly and give the customers the best service. One of the biggest advantages of SAP B1 HANA is that it is compatible with other hardware, and software as well as database, which will make it one of the most adaptable data solutions that are available in the market. Businesses are able to achieve higher analytic capability. Praxis Info Solutions are one of the leading SAP companies in Pune which provide excellent services for the organization’s SAP Business One requirements smoothly and also at a cost-effective price.