SAP HANA is an in-memory database and application development platform designed by SAP. It allows businesses to process large volumes of data in real-time, enabling faster analytics and decision-making. By storing data in memory rather than on traditional disk storage, SAP HANA significantly reduces data retrieval times. Additionally, SAP HANA supports various data processing capabilities, including transaction processing and analytics, all within a single system. This integration helps organizations streamline their operations and gain insights from their data more efficiently, making it a popular choice for enterprises looking to enhance their data management strategies.