SAP’s Hana Analytics May Pay Off as Software Trumps Hardware
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SAP AG, the German software maker whose sales outpaced those of Oracle Corp. last quarter for the first time in 2 1/2 years, has a new weapon to defend its decision not to add hardware to its mainstay business.
At the heart of the newly found momentum is SAP’s Hana offering, which allows clients including BASF SE and Colgate-Palmolive Co. to speed up the analysis of business data. The amount of prospective sales for Hana is “very, very large and growing very, very quickly,” Chief Technology Officer Vishal Sikka said in an interview. “We have never seen anything of this kind of growth before.”