But more and more companies are crunching the numbers and realizing that in-memory processing is simply a cheaper, better way to do analytics.
Dennis Howlett of Diginomica has already talked about the projected cost savings of $13M for one large government customer in his post Can SAP HANA bring real savings? Yes and the numbers are impressive.
Now a new post on the SAP HANA blog has provided an IDC analysis of the University of Kentucky’s move to the HANA platform.
HANA of course brought the expected technology benefits:
- Up to 420 times faster data reporting than legacy system
- Up to 15 times improvement in query load times
- Average data compression improvement of 77%
- Up to 87% reduction in extract, transform, and load (ETL) times
- Up to 80% of data updated in real time
But what’s important is that this translates in direct business savings for the University compared to existing approaches:
- $6.17 million in benefits (discounted) over five years
- ROI of 509%
- Payback in 9.5 months
(Yes, it’s a 3D pie chart. You’ll get over it 🙂 )*
And it’s not just about doing things more efficiently today, it’s about the new possibilities for the future:
“The university believes that SAP HANA will help it realize other benefits, such as improved staff utilization rates, efficiencies in budgeting, and even revenue-producing mobile applications, although this study has not quantified these potential benefits because they are less near term in nature.”