Due in Q4, it will be built natively on the Hana Cloud Platform
New analytics tools are popping up just about every day in the enterprise software arena, and on Tuesday, more details emerged on a brand-new offering from SAP.
Dubbed "Project Orca," the software is a cloud-based offering from the ERP giant that's slated to arrive in the fourth quarter of this year, the company confirmed.
Equipped with the new tool, business users will be able to easily sample, wrangle, combine and blend data and to quickly build and modify plans to take action, said Steve Lucas, SAP's president of platform solutions.
It will be built natively on the SAP Hana Cloud Platform, which features the company's Hana in-memory database at its core. That should enable faster processing of data and real-time business intelligence.
"All this will be delivered in a fully scalable, multi-tenant environment at a price point that enables any individual or company to sign up and get going quickly," Lucas said.
Orca will not, however, replace any of SAP's existing analytics tools delivered on-premises or in the cloud, he said.
Further details were not available.
Gartner recently identified analytics and business intelligence as a top investment priority for CIOs, and there are countless tools vying for a share of that spending. SAP's Orca is likely to face competition from Amazon as well.
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