Hi Pratyush,
SAP HANA is a modern in-memory platform allowing real-time insight into the business for a more reactive workforce. SAP HANA provides one integrated data foundation optimized for both transactional and analytical processing allowing for faster business processes, smarter business innovations and a simplified IT landscape. As the foundation for a new class of real-time applications, SAP HANA opens the door for inventive ways to optimize the business and remain ahead of the competition. SAP HANA offers a choice of deployment models and partners, providing lower cost and faster innovation from an open ecosystem.
Check this link for HANA related information:
http://www.saphana.com/welcome
Regards,
Shahir Mirza