German software company, SAP SE (DE:SAPG) (NYSE:SAP) , recently expanded its SAP HANA portfolio with the launch of SAP HANA express edition, a powerful downloadable version of its in-memory platform. The latest offering from the SAP family, unveiled at the SAP TechEd conference being held in Los Angles this week, will be a great aid for clients to develop comprehensive data-driven applications.
SAP HANA express edition will allow application developers gain uninterrupted access to the SAP HANA platform, enabling them to create applications – free of cost – on laptop, desktop or cloud. The express edition has been engineered to deliver database, application and advanced analytics services in a single comprehensive platform. It can be easily downloaded from the SAP developer center and installed on commodity servers, desktops or laptops.
SAP has ensured that users can access the free version seamlessly to get acquainted with SAP HANA’s functioning. The SAP HANA express edition also comes with tutorials and sample codes. SAP believes that the development of novel applications is a key technique to reduce complexity of IT infrastructure. SAP’s data management and app development platform was largely reserved for large enterprises but launch of SAP HANA express edition changes this dynamics. Thanks to the SAP HANA express edition, now small and medium scale business can also come up with powerful applications.
SAP HANA Cloud Platform and its partners have been gaining rapid popularity, assisting clients extend their functionalities, build new applications and integrate across cloud and on-premise platforms, which in turn is fuelling growth. It has been driving growth since its introduction. The company constantly upgrades its existing products and launches fresh ones to gain customers. We believe that SAP HANA express edition will add a sizable section of small and medium size businesses to SAP’s clientele.
SAP currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry include Aspen Technology, Inc. (NASDAQ:AZPN) , Callidus Software Inc. (NASDAQ:CALD) and Exa Corp (NASDAQ:EXA) . All the three stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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