How SAP is of advantage to SMEs

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  • 7/31/2019 How SAP is of advantage to SMEs

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    Systems Application Products in Data Processing or SAP has found a very prominent place in several major businesses. If you are a small and medium business andwondered what you had to do with SAP, you may be wrong to think that SAP in business mean only offerings for the big enterprises. On one hand small businesses are the life-force to the economy worldwide in terms of creating enormous numberof jobs. On the other hand SMEs motivate innovation and industrial growth.Given the present day technology that has shrunk the world, people have access to all forms of information at their fingertips, especially as information is passed on through technology. Even the very small villages in the least developed economies have access to such information through the world wide web, social networking and mobile phones. With data growing at an phenomenal pace, there is alsoan increasing number of source of data. The idea is to keep yourself abreast ofthese developments and have your industry utilise and benefit from such information.

    This is where SAP for small businesses can come to reality. SAP technology helpsSMEs stay tuned with the pace of multiplying data by pooling millions of information bits together and allow small businesses to access them even while being mobile and analyze the information.

    In-Memory technology:SAP has come up with specialised technology especially targeting the SMEs. In-Memory technology from SAP is one such technology that is designed for small businesses to compete against the big players in the industry. SAP Hana utilises the

    in-memory database technology whereby the database relies primarily on the mainmemory of the computer storage that reduces the input and output reading activity while improving the predictable performance while using multi-engine query processing environment allowing for relational data, graphic and textual processingfor semi and unstructured data management within the same system.

    Cloud computing and mobility:Cloud computing and mobility further enables SAP application. Storing all the data on the cloud means less expenditure and heightened security. Small businessesmust indeed tap in the advantages of the cloud. This coupled with mobile devices, not only makes the access to information easy, but also accelerates the information or data analysis making the scalability if not ahead of, at least on parwith th large enterprises. Earlier SAP had also announced launching HANA Cloud .

    Entrepreneurial Learning:SAP is here to enable small businesses overcome the challenges they face on alllevels right from recruitment, to human resources, to raising capital, to regulatory challenges. It is certainly instrumental for small businesses to avail the advantages of SAP.

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