A new app from SAP helps line managers keep track of their budgets

It’s not often easy for line-of-business managers to get a real-time view of their budgets and spending, but a new app from SAP aims to change that.

Based on SAP’s Hana Cloud Platform, the app pulls data from core financial reporting systems and makes it searchable, so that line managers can do ad hoc spend analyses and other on-the-fly calculations.

Called SAP RealSpend, the app lets managers drill down and perform a fine-grained analysis of actual and future spending. It can also deliver related forecast and budget plans.

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Computerworld Cloud Computing

IDG Contributor Network: Almost all of IT budgets will soon be dedicated to cloud, Intel study finds

The cloud is exploding globally, with most of IT spending soon to be allocated to cloud, according to a new Intel report.

The technology company predicts that virtually all IT spending (80 percent) will be on cloud in the next 16 months. One reason is that ever-increasing digital activities “are leveraging cloud computing in some way,” the company said in its press release.

And it’s happening quickly, according to the survey of 1,200 IT executives in eight countries, which was conducted by market research provider Vanson Bourne on behalf of Intel.

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Network World Cloud Computing