SAP has announced the launch of 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 held recently in Hanover.

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.

Partners can create a new breed of innovative add-on solutions in their dedicated industry or geographic markets through the integration of SAP Hana with SAP Business One. The offering is planned for sale worldwide by value-added resellers in the SAP PartnerEdge program.

SAP and Portugal Telecom recently announced their plans to make available a developer edition of SAP Business One, version for SAP Hana. It is planned to provide developers with a fully configured environment for SAP Business One, version for SAP Hana, to help accelerate development of extensions and add-ons built on the SAP Hana Cloud platform available on SmartCloudPT.

"As SAP Business One, version for SAP Hana, becomes available, this version, together with speed and the ability to better handle the growing data challenge, should be a no-brainer for those just starting out," said Cindy Jutras of Mint Jutras.

"Existing customers will need to carefully review the business case for making the transition. For these customers, don't assume SME means small data and don't overlook the need for speed."

"Our key business is to lead in distribution and trade of hardware, china and homeware products and services in Uruguay, and our range of goods is critical to our customers and their chances to get business opportunities," said Ingeniero Jorge Tocar, IT manager, Goldfarb.

"With SAP Business One, version for SAP Hana, we will be in a position to analyze our goods in real time and to have a closer control of our commercial transactions." – TradeArabia News Service