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40 results
How Can Data Science Help Businesses Thrive?Aug 24, 2020 — In today’s climate of economic uncertainty, many firms are looking to reposition and adapt through automation. Investing in robotic process automation (RPA) can help SAP customers reduce bottlenecks and improve workplace efficiency. Bots can automatically perform manual and repetitive tasks, reducing the need for human intervention. However, firms need data scientists to oversee these systems and analyze data. In fact, the demand for data science skills is predicted to increase by up to 27.9% by 2026. More and more employers are acknowledging the value of technology to drive growth and expansion, and the increasing number of specialists studying data science at degree level online is feeding this demand. The rise in data science graduates led to Glassdoor naming it the best job in America in 2018, with the average job growth for research analysts alone at 27%. By hiring from this wide pool of expert data scientists, businesses can obtain fresh and actionable insights that will help them succeed in the future.
3 minute read
Answers to Burning Questions on SAP S/4HANA Finance, Central Finance, Universal Journal, and MoreAug 19, 2020 — Read this recap of a live interactive Q&A from the SAPinsider 2020 conference where SAP finance expert Paul Ovigele, President and Founder of ERPfixers, shares his insights on what finance departments need to know about the new capabilities delivered with SAP S/4HANA.
5 minute read
Session Recap: Make Fast, Confident Business Decisions with SAP Analytics CloudAug 18, 2020 — Annie Kennedy, Associate Conference Producer, SAPinsider During day 1 of SAPinsider’s Virtual Conference Experience, Dave Williams, VP of Product Marketing at SAP, presented “Make Fast, Confident Business Decisions with SAP Analytics Cloud,” explaining that SAP Analytics Cloud is a modern, built for SaaS analytics solution. Capabilities of the software include predictive functioning, allowing users to run different types of scenarios and time-oriented question, and enterprise reporting […]
3 minute read
A General Overview of SAP Analytics CloudAug 18, 2020 — Managing multiple reports, charts, tables, and models in a single environment and with real-time data from multiple sources can be challenging. Over the years SAP has designed multiple tools to support these tasks and help business users identify trends and behaviors. Most recently, SAP Analytics Cloud was created to provide a unified and secure public cloud experience to maximize data-driven decision making.
Read this article and learn:
- An overview of SAP Analytics Cloud, including its capabilities and key functionality;
- How to use this functionality to support and improve your business analytics requirements and customer experience;
- Types of data sources that can be connected to the solution; and
- Which AI tools are available in SAP Analytics Cloud to help you automatically create relevant information.
7 minute read
SAP S/4HANA Finance for Group Reporting (On-Premise)Jun 2, 2020 — Integrating financial consolidation tools with SAP S/4HANA source data, ensuring a smooth monthly close, and remaining agile in changing business environments remains a concern for SAP customers. To address these concerns SAP created SAP S/4HANA Finance for group reporting. Initially released in version 1809, the new and improved functionality is available in version 1909. Learn how to utilize this next generation software for financial consolidation, which provides an option to close on-premise or in the cloud.
After reading this article you will be able to:
- List the functionality in the newest version of SAP S/4HANA Finance for group reporting;
- Explain how SAP S/4HANA Finance integrates with SAP Analytics Cloud and how the integration relates to reporting and management of master and transaction data;
- Understand the updates made to SAP S/4HANA Finance for group reporting in SAP S/4HANA 1809 to SAP S/4HANA 1909; and
- Apply updates and new functionality in SAP S/4HANA Finance for group reporting to achieve better financial consolidation.
7 minute read
The Future of the Airline Industry in a COVID EnvironmentMay 20, 2020 — This article explores the impact that COVID-19 has had on the airline industry, how these companies are using SAP solutions to prepare for an uncertain future, and suggests how air travel may adapt as the industry adjusts to a new normal. Two experts from SAP weigh in on what they're hearing from the airline industry, including challenges and some insights about how processes, policies, and procedures may change moving forward.
“There will be additional constraints, border restrictions, and the number of people carried will have to account for social distancing requirements,” says Phil Te Hau, Vice President of Passenger Transportation at SAP. “The predictability of their current planning models will be disrupted, and changes to schedules and timetables will likely happen more frequently than before.” According to Torsten Welte, Global Vice President, Head of Aerospace & Defense, and Head of Travel & Transportation at SAP, the economic disruption caused by the pandemic has “exposed the criticality of digitalization in every industry.”
Read this article to learn more about:
- How route planning and profitability will change moving forward
- SAP solutions that are being implemented or used in a different way to meet current and changing needs
- Considerations that should be made as airlines prepare to invite employees back to the workforce
- Predictions for the future of air travel
8 minute read
SAP Announces It Is Addressing Cyber Security Gaps in Multiple Cloud SolutionsMay 5, 2020 — On May 4, SAP announced that, while performing regular internal reviews of the company’s cybersecurity infrastructure, they discovered several of the company’s cloud products “do not meet one or several contractually agreed or statutory IT security standards." Learn what this means for the SAPinsider Community.
2 minute read
Using Predictive Models to Prepare for the FutureApr 24, 2020 — The COVID-19 crisis has caused uncertainty in almost every aspect of business operations, but it has made one thing more clear: The need for businesses to adopt advanced analytics to survive in a digital environment. Known for its ability to work with various architecture frameworks, help businesses make data-driven decisions, and report in real-time, SAP Analytics Cloud had been identified as a solution that can help organizations move forward during times of uncertainty. In this article, two SAPinsider Contributors drill down into the solution’s features, including its machine learning and predictive analytics capabilities.
After reading this article you will be able to:
- Explain the different capabilities of SAP Analytics Cloud;
- Understand how different industries can use the solution to move forward in times of uncertainty; and
- Learn how data can help predict human behavior.
9 minute read
How to Simplify Access to Analytics for EveryoneMar 9, 2020 — Simply migrating to the cloud is no longer enough—companies must be familiar with cloud analytics in order to extract meaningful information from massive volumes of data. For companies beginning their cloud analytics journey with an existing SAP BusinessObjects BI deployment, the author of this article recommends taking a hybrid approach to integrate SAP Analytics Cloud with your existing SAP BusinessObjects BI system. You will also learn how to leverage existing assets from the on-premise BI solution.
After reading this article you will be able to:
- List the benefits of using a hybrid approach;
- Understand additional capabilities that will be available when taking a hybrid approach due to the release of SAP BusinessObjects BI platform 4.3; and
- See how SAP Analytics Hub and SAP Analytics Catalog can improve user experience.
6 minute read
Key Considerations When Moving Financial Planning and Reporting to the CloudFeb 25, 2020 — Moving key business functions to the cloud involves a host of considerations, particularly when it comes to moving to a cloud-based financial planning and reporting solution. A major goal for any business evaluating the transition is to translate the value back to the organization, which requires evaluating cost of ownership, understanding practical first steps to stand up a working proof of concept (POC), and obtaining buy-in from the rest of the organization.
4 minute read