SAP adds more Cloud options with Financials on demand.

SAP has introduced its first cloud-based financial application for the enterprise, which provides real-time data based on the company’s Hana in-memory database system. The product is part of SAP’s wider One Cloud strategy, which brings together Business ByDesign, Business Objects one OnDemand and SuccessFactors

The SAP cloud business is worth $1bn and has over 20 million users.

SAP Financial OnDemand is a separate product to the company’s existing cloud offering Business ByDesign, which provides a cloud-based ERP package for mid-sized business.

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