Jeffrey Word presents on SAP's in-memory database technology called SAP HANA and its role in enabling real-time business. SAP HANA provides a unified platform for both transactions and analytics by storing all data in main memory, allowing for fast real-time queries and insights. This represents an evolution from traditional disk-based systems that are unable to meet the demands of today's real-time business needs. SAP's vision is for SAP HANA to serve as the database for the SAP Business Suite and other applications, simplifying enterprise architectures and accelerating key processes.