Hi Satish,
SAP HANA Live
Operational Reporting - can elimnate Operational Data Stores which requires redundancy and latency
therefore used when real time access to data is required for decision making
Untransformed data (no business rules applied – transformation takes place after execution of reports in the virtual data model - no persistence of transformations as the orginal transaction data are used: no aggregates, no replication)
Possible replacement for SE16, ABAP reports and native ERP Legacy reporting tools (Report Designer etc.) as well as SQVI (QuickViewer) activity in ERP, incl. standard access to SAP BusinessObjects BI and HTML5/UI5 etc.
http://www.sapevent.ch/landingpagesFr/manager/uploads/cmt/events/2/Enrolments/193/B30_Final_SAP.pdf
https://help.sap.com/saphelp_hba/helpdata/en/9c/382618453244d8aaa9e460a77f5de0/frameset.htm
http://enterprisegeeks.com/2012/11/29/introducing-sap-hana-extended-application-services/
Regards
NK