From the Wires
HP Opens New Center of Excellence for In-Memory Computing
Center Enables Customers to Accelerate Return on Investment, Enhance Database Computing Leveraging SAP HANA
By: Marketwire .
Jan. 10, 2013 12:40 PM
PALO ALTO, CA -- (Marketwire) -- 01/10/13 -- HP (NYSE: HPQ) today announced the launch of a new Center of Excellence (CoE) for in-memory computing that enables enterprises to leverage real-time transactional data to improve business processes and mitigate risks.
Initially, the center will focus on offerings for the SAP HANA® platform and the SAP® Business Suite, which is powered by SAP HANA. By leveraging a virtual team of engineers, developers and other experts with operational experience with SAP solutions that spans more than 60 countries, 10 languages and more than 40,000 users, along with in-memory technologies, the CoE will accelerate customers' transition to next-generation business applications built for in-memory computing.
Powered by HP Converged Infrastructure, the CoE will include offerings from:
"To succeed, organizations need to make fast, informed decisions by extracting large amounts of raw data from their systems to turn it into information that is meaningful," said Bill Veghte, chief operating officer, HP. "The HP Center of Excellence delivers the depth of expertise and services to help organizations drive high-performance data analysis, handling huge volumes of data in real time for instant business insight."
Compared to traditional methods of separating the data storage from the processing elements, in-memory computing allows for faster computation of big data sets. As a result, clients gain the ability to rapidly analyze data to drive innovation while reducing costs.
"We have seen unprecedented growth and adoption of SAP HANA, and this momentum continues to increase as companies see new and additional areas where HANA can bring more value to their organizations," said Dr. Vishal Sikka, member of the SAP Executive Board, Technology and Innovation. "At the same time, the tremendous innovation around SAP HANA that we will bring ourselves and through our ecosystem is just beginning. We will work closely with our ecosystem to drive open co-innovation to bring beautiful new systems, products and technologies that simplify the IT landscape. And we are doing all of this nondisruptively. Through this CoE, SAP and HP will bring new products and technologies, integrating transactional and analytics systems, that enable customers to run their businesses in real time."
New HP engineering labs to create "Project Kraken" in-memory platform
Since the launch of SAP HANA, HP has been at the forefront of innovating leading benchmarks and solutions. The first HP roadmap milestone of the new CoE is an 8-terabyte, single image development platform tuned for the SAP ERP and SAP Customer Relationship Management (CRM) applications on SAP HANA. Codenamed "Project Kraken," this platform is the forerunner to the large memory systems scheduled for future availability.
HP Services to drive business process and application transformation
HP Software application testing tool for SAP HANA environments
HP has designed many of the largest implementations of SAP systems in the world and is working with product engineering teams and SAP to develop an authentic testing environment for next-generation in-memory technologies with full mission criticality and high availability.
SAP, SAP HANA and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance, market share or competitive performance relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; assumptions related to pension and other post-retirement costs and retirement programs; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2012. HP assumes no obligation and does not intend to update these forward-looking statements.
© 2013 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
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