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Enterprises generate a flood of data, yet effectively analyzing that data tends to be a daunting challenges. SAP offers two additional solutions.
At SAP TechEd 2011 in Las Vegas, SAP (NYSE: SAP) unveiled two new solutions built on its HANA in-memory analytics platform.
The new solutions — Smart Meter Analytics software and COPA Accelerator software — offer insight into utility smart meter and financial operations, respectively.
Amit Sinha, solution marketing vice president for In-Memory Computing and SAP HANA, said the HANA platform and applications are "all about analyzing big data."
The Smart Meter Analytics tool is aimed at helping utility companies analyze the massive amounts of data produced by smart meters.
SAP said utility companies can use the software to help customers adopt more sustainable energy-use practices with planned capabilities. Utilities can instantly aggregate and analyze customers’ energy consumption profiles by any dimension or level of granularity, such as neighborhood location, home size, and business or building type. Customers can be segmented based on energy consumption patterns to target energy-saving programs like carbon emissions reduction plans.
Read the rest about SAP's analytics solutions at Enterprise Apps Today.