SAP Analytics and AI
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Artificial Intelligence (AI) and analytics play a key role in digital transformation initiatives. As advances in technology and computing power accelerate the digitalization journey, companies across industries are generating gigantic volumes of data daily. The value of this data lies in leveraging it to draw actionable insights, planning and innovation. This is where AI and analytics come into picture, acting as key tools to harness the value from data being generated and collected across the enterprise. Analytics is generally classified into categories like descriptive, prescriptive, diagnostic, and predictive. AI algorithms help in predictive and prescriptive analytics, but they also enable companies to build innovative capabilities like Industry 4.0.
SAP and Partner Technologies in Analytics and AI
Artificial Intelligence (AI) and analytics play a key role in digital transformation initiatives. As advances in technology and computing power accelerate the digitalization journey, companies across industries are generating gigantic volumes of data daily. The value of this data lies in leveraging it to draw actionable insights, planning and innovation. This is where AI and analytics come into picture, acting as key tools to harness the value from data being generated and collected across the enterprise. Analytics is generally classified into categories like descriptive, prescriptive, diagnostic, and predictive. AI algorithms help in predictive and prescriptive analytics, but they also enable companies to build innovative capabilities like Industry 4.0.
SAP and Partner Technologies in Analytics and AI
SAP and their partner ecosystem have rich portfolio of tools and technologies in AI and analytics domain. SAP BTP platform has AI and analytics capabilities embedded to help organizations build intelligent enterprise capabilities. SAP S/4HANA puts AI in the ERP, whereas SAP Intelligent Automation uses AI to help organizations build smart automation capabilities. Digital supply chain tools from SAP leverage AI and analytics with emerging technologies to help organizations build smart supply chains. AP Analytics Cloud is the leading enterprise analytics tool in the market and is seen as the future of SAP Business Objects. The partner technology ecosystem is not behind. In every function, SAP partners offer AI-enabled tools like Phenom AI for HR processes, iCertis for contract lifecycle management, Prospecta for intelligent data management. Then there are overarching analytics solutions from partners like Pyramid Analytics that help build enterprise-wide decision intelligence capabilities.
Resources for SAPinsiders
Key Insights Using SAP Analytics Cloud: In today’s world, data is becoming more valuable every. For any organization, it is necessary to analyze their data before making any critical decisions regarding business operations such as finance, sales, supply chain operations and more. For enterprises with large amounts of critical,, but under-analyzed, data, SAP Analytics Cloud has simplified and expedited data analysis. This article discusses how organizations can draw critical insights using SAP Analytics Cloud.
Three-Step Gameplan to Deploy AI in the Office of CFO: While the world witnessed the emergence of self-driving cars with advanced technologies, such as artificial intelligence (AI) and machine learning (ML), the world of finance has also done everything to keep up. A/R operations are now getting more autonomous and intelligent while the workforce is focusing more on ‘strategic’ business decision making. 65% of finance executives reported that they increased their technology investments and are now focusing on growing their digital business in 2021. This webinar shares a roadmap to leverage AI in finance executive planning.
48 results
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GyanSys Expands into South America with the Acquisition of SouthEnd Group Corporation
Reading time: 1 mins
Acquisition Will Expand GyanSys’ Capabilities in Latin America and Bolsters Spend Management Practice
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Rubrik and Microsoft Collaborate to Enhance Cyber Resilience with AI-Powered Security Solutions
Reading time: 2 mins
Rubrik has announced a joint collaboration with Microsoft to integrate Rubrik Security Cloud with Microsoft Sentinel and Azure OpenAI Service.
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Microsoft and Moody’s Develop Enhanced Solutions Powered by Generative AI
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Moody’s Corporation and Microsoft have announced a partnership to utilize generative AI in order to deliver next-generation data, analytics, research, collaboration and risk solutions for the financial services industry and global knowledge workers.
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Nagarro and Green AI Cloud Join Forces to Drive Advanced AI Adoption
Reading time: 1 mins
The collaboration will help Nordic industrial companies utilize AI to become strategic value creators. This content is for SAPinsider Monthly Subscription, SAPinsider Annual Subscription, and SAPinsider Premium Annual Subscription members only.Log In Join Now
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- SAP Analytics and AI
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What is Business Analytics? Starting with a Blank Page, Creating a Common Language
We typically go from data, model, decision, value. But value is subjective, and, in more instances than not, we miss the mark. Creating re-work, frustration, incurring more cost, chasing value. So why not start with defining value. Start by asking what’s the business problem we are trying to solve for? Sitting on the problem first,…
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- SAP Analytics and AI
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Evolving Business Intelligence: Enabling Strategic Imperatives with a Cohesive Data Fabric
Reading time: 2 mins
As organizations seek to evolve or expand upon their ability to enable a cohesive data fabric, business intelligence programs may or may not reflect organizational strategies that should be leveraged to shape these programs. Additionally, many organizations face challenges in executing business intelligence programs that align with strategic imperatives. Corresponding solutions are shifting from on-premise…
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SAP Datasphere – Unleash the Power of Business Data
Click Here to View the Session Deck SAP datasphere is the foundation for a business data fabric architecture. There are many reasons one would want a business data fabric. Self-service access to trusted data breeds agility and accelerated accurate decisions. Comprehensive data governance assures every stakeholder that private data stays private. View this session deck…...…
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Harnessing the Power of Process Mining with the KPMG Intelligent Analytics Platform
The KPMG intelligent analytics platform harnesses the power of business process mining and advanced analytics to analyze and map system transaction flows. Enabling organizations to identify and prevent risks before they occur and detect whether transactions are passing through intended controls, highlighting how to resolve issues in real time.
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The Role of Data and Reporting in Fighting Climate Change
Reading time: 3 mins
The 27th United Nations Climate Change Conference, or COP27 for short, took place in Sharm El-Sheikh, Egypt, in November 2022. As the world’s eyes were on state leaders and decisions that the world’s future depends on, many discussions were taking place in parallel among businesses and organizations, highlighting critical topics and measures to support the…
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eBook: Future-Proofing: Cloud Transformation Customer Stories
Reading time: 1 min
How do industry leaders fuel innovation and resilience in an evolving world? Eight forward-thinking organizations — from McLaren Racing to Arlo — share how they’re using Splunk to overcome complexity, increase agility and realize the promise of cloud. What outcomes are leaders achieving? Nasdaq has accelerated time to market for new products and services. Tesco…
Featured Insiders
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Kathrin Schmalzing
Partner, PwC
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Renjith Kumar Palaniswamy
SAP Americas Inc
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Ram Ranganathan
Deloitte
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