In-Memory databases:

So what exactly are these in-memory databases and HANA? Today many companies offer the technology called in-memory database for a variety of reasons. The only basic thing that everyone should understand is that in-memory databases are faster when compared to traditional databases. Traditional databases are simple read and write disks, which are also slower in processing speeds.

During the announcement, Plattner also remembered to take a dig at Oracle CEO Larry Ellison who famously mocked SAP’s efforts in bringing HANA to the top would fail.

"I have to admit. I enjoy that he is not smiling," Plattner bragged. "And I know that there is a weekly meeting [at Oracle] which has the word HANA in it."

Yet no matter what the future has in store for us, the latest association between SAP HANA and its business applications will lighten up high-profile meetings across all the executive desks of rival companies.

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