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.

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  1. 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.

  2. 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…

  3. 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…

  4. eBook: Forging the Future

    Reading time: 1 mins

    How industry leaders use data to be more secure, resilient and innovative. What do Nasdaq, McLaren, Slack, Domino’s and Tesco have in common? They — and more than 40 other leaders across industries — all use real-time insights from Splunk to drive outcomes, including: Increasing efficiency and visibility while moving to the cloud. Automating security…

  5. eBook: Splunk Service Intelligence for SAP® Solutions

    Reading time: 1 mins

    Full Stack Monitoring for your SAP Infrastructure Splunk Service Intelligence for SAP ® Solutions brings the power of AI-driven monitoring to SAP technology stacks. By correlating SAP data with infrastructure data, organizations can gain end-to-end visibility into business processes — helping eliminate downtime and avoid costly outages. This solution offers a high-level view into the…

  6. eBook: A Guide to Consolidating Your IT Management Tools

    Reading time: 1 min

    As companies migrate workloads to the cloud and modernize their legacy applications while shifting to cloud-native environments, they need a single, tightly integrated toolchain that can monitor, troubleshoot, investigate and respond to system behaviors. Setting up an observability system has many benefits, but to maximize these benefits, you have to make sure that your solution…

  7. analytics cloud

    Key Insights using SAP Analytics Cloud

    Reading time: 9 mins

    In today’s world, data is becoming more valuable day by day. 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 data, but under-analyzed data, SAP Analytics Cloud has simplified and…

  8. 3 Step Game Plan to Deploy AI in the Office of the CFO

    June 16, 2022

    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 decisioning. 65% of finance executives reported that they increased…

  9. Process Intelligence: Accelerating the Path to Automation and SAP S/4HANA

    June 09, 2022

    SAPinsider research into CIO agendas shows that increasing process efficiency and visibility is the top priority for executives in 2022, with lowering the cost of IT also a priority for over half of leaders we surveyed. Why? Companies are looking at new ways of doing business. Their processes need to be nimble, and they need…

  10. database management

    Exploring SAP Database and Data Management Solutions

    Reading time: 4 mins

    SAP databases are critical to SAP Database and Data Management solutions. But databases would not be as valuable without data management. SAP offers a variety of data management tools, including SAP Master Data Governance suite. SAP Master Data Governance gives enterprises tools that they can use to harmonize their data access throughout the company. In…