HP(NYSE:HPQ) and SAP AG(NYSE:SAP) have announced advancements for SAP HANA to improve business processes and mitigate risks for customers through a joint initiative named "Project Kraken". This initiative will focus on reducing the time required by the customers to rapidly transact, analyze and process large amounts of data within a single server.
Vishal Sikka, Member, Executive Board, SAP AG Technology and Innovation, said, "With Project Kraken, HP and SAP are illustrating how customers can achieve a steep jump in performance, while adding simplicity in the management of the environment. It shows how large enterprises can confidently run their enterprise applications, including SAP Business Suite, with growing quantities of data in shorter windows of time. This offering will fundamentally and forever change the database market."
Project Kraken is aimed to provide customers with options in large and online transaction processing applications, with requirements for real-time analytical insights into this data. It will, thus, allow organizations, including retailers, financial institutions, utilities and governments, another alternative to quickly detect patterns, analyze massive data volumes on the fly, and perform their operations quickly.
With this solution, customers can consolidate multiple online transaction processing (OLTP) and online analytic processing (OLAP) databases into one vertically scalable server with improved performance. This will further improve the capabilities of SAP HANA, eliminating the need to spend time and resources moving data between environments.
HP and SAP with this project are working together to create a marketable solution capable of scaling to the highest levels of memory within a single server for speeding business operations.
