Before we dive into the details, we should take a step back and look at the drivers that lead to SAP developing the SAP HANA Cloud service.
Let's look at some of the opportunities for the development of modern applications, in the new digital world.
Watch this video to learn about the new opportunities in a digital world.
In our modern, digital world we are more connected than ever before, with staggering amounts of valuable data being generated every day by organizations and individuals. More and more services are moving online and new digital businesses are appearing. This trend is set to grow exponentially. Forward thinking organizations are already taking steps to adapt to the new, digital world and grow their businesses by exploiting new technologies.
The exponential growth of mobile devices, social media and the huge data volumes they generate has transformed the way we live and work. Most companies report that the majority of their people use mobile devices in their roles to handle everything from e-mail to project management to content creation.
But it is not just people who are connected. We are seeing a dramatic increase in the number of devices that have become "intelligent" by including CPUs and internet connectivity built right inside. We refer to this trend as the Internet of Things (IoT). Nowadays, it is not unusual for devices to be able to connect online to create intelligent and real-time responsive environments.
New types of data have become available. As well as the traditional, structured columns and rows that represent master data and transactions, we now have access to other types of data such as unstructured text data, spatial data and graph data. We can now develop applications that combine these data types to provide even more insight.
Cloud computing provides opportunities for organizations to develop new applications faster that ever before by deploying cloud platforms that provide instant development and run-time environment. Clouds support flexible scalability so you can start with small pilot applications and then scale them to reach a greater audience. Clouds provide organizations with huge amounts of computing power on a subscription basis, so they pay only for what they need. Organizations can easily mix technologies by combining different cloud services. This means they can use the best tooling and platforms for each application.
Until recently, data science was out of reach for most organizations who did not employ highly skilled personnel to work in this area. Today, data science is within the reach of business users who can use simple tools to develop powerful data models that reveal valuable insights into their vast amounts of data.
These are exciting times and there are unprecedented opportunities for all organizations to grow their businesses exploiting the latest technologies.