SAP SRM 703 Support Package 1 is the maiden release for SAP SRM on HANA Platform and is the base for all optimizations and performance improvements along with functional enhancements.
SAP SRM 703 is available on HANA and AnyDB. SAP is leading the real-time computing revolution… leveraging the power of in-memory computing to bringing OLAP and OLTP back together. SAP SRM on HANA unifies analytics and transactions into a single in-memory platform.
SAP HANA is an in-memory data platform that is deployable as an on premise appliance or in the cloud. It is a revolutionary platform that is best suited for performing real-time application. At the core of this real time platform is the SAP HANA database, which is fundamentally different than any other database engine available in the market today. Business users can get a unified – at fingertip – 360° views of real-time information - on any device -and even beyond like information from sensors and social media.
With SRM 703 SP01 in place, the aim of the future release of SAP SRM is to focus on performance improvement to support faster display of business documents.
SAP SRM on HANA platform provides the basis to dramatically increase the performance of business scenarios now. It continues to innovate without disruption by also having the opportunity to leverage a new generation of real-time solutions from SAP and partners natively built on an open platform.With SAP SRM on HANA Customers would also have the possibility to build custom application to build real time scenarios/applications and address issues that was not possible in the past.
For complete details about SAP SRM 7.03 refer: SAP SRM 7.03