It wasn't all that long ago that we discussed data in terms of megabytes and gigabytes. In today's business environment, however, it has far surpassed that level and we have gone to discussing data in terms of terabytes and petabytes. In most cases, available servers and software have been able to keep up with the data bloat that we are all experiencing. That doesn't mean that it is always beneficial, particularly if you are thinking of upgrading or migrating to SAP HANA.
SAP HANA for Business
The basics of SAP HANA make it a dream solution to companies that are looking for real-time analytics and the information that they need to drive their businesses. When you are running SAP HANA, it gives you the opportunity to do so on a single database. This helps to reduce a lot of the problems that used to occur due to data sprawl, in which information may have been spread out over multiple servers and locations.
This would make it seem as if HANA was going to be the perfect solution and that it would no longer be necessary for you to archive any of your data. That is not true, however, because HANA bases the charges for their service depending upon the data volume that you have. In other words, if you have more data to process, you are going to find that it is much more expensive for you to use this software solution.
The Benefits of Archiving
Although there are multiple benefits to archiving your data, one of the most important to consider in conjunction with HANA is the amount of money that you are spending. There is no need for you to have a database full of useless information that is not going to be used for analytics. If you archive it, you will not be charged for that information in your database. That can really help to put this impressive software solution within reach, even for smaller businesses.
Another benefit to archiving your data is seen, regardless of whether you use HANA or not. The amount of data that most of us have on our servers can impact the time and efficiency with which data is flowing. Although HANA may be able to sort through a ridiculous amount of data, many stand-alone applications are not going to be as user-friendly.
Where to Store Your Data
If you are going to be archiving your data, you need to consider where it is stored carefully. Choosing the right platform for cloud storage will make a difference in how easy it is for you to access the information when it is needed. It will also make a difference in the compression of the data, which will help to speed data flow considerably.
In order to stay competitive in today's business environment, you need to consider the data that you are using. Although you would want the information available which would be used to produce reports and to get an overview of your company, older data should be archived properly. Doing so will help you to save money and time.
James Hadley, is a professional business consultant specializing in SAP solutions. In researching this article, James utilized several resources about archiving from HANA from companies such as Dolphin Corp: http://www.dolphin-corp.com/information-lifecycle-management/sap-hana/