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Alignment of SAP Analytics Cloud with Trends in Analytics
SAP Analytics Cloud is an evolution of SAP’s initial business intelligence (BI) offering as an extension of its all-inclusive SAP Business Warehouse (SAP BW) product. But this evolution in the form of SAP Analytics Cloud also aligns with three top trends in today’s rapidly evolving data and analytics solutions landscape, as identified in SAPinsider research report Enterprise Data and Analytics State of The Market.
Top Analytics Trends and Their Alignment with SAP Analytics Cloud
Trend 1: The future of data and analytics is in the cloud
The critical technology drivers of analytics transitioning to the cloud are the ability to scale quickly, enterprise-wide collaboration capability, and flexibility in systems capabilities, according to SAPinsider’s research report The Future of Business Intelligence. SAP Analytics Cloud leverages all these benefits and combines them with its domain depth acquired from decades of market leadership in enterprise systems.
Alignment of SAP Analytics Cloud with Trends in Analytics
SAP Analytics Cloud is an evolution of SAP’s initial business intelligence (BI) offering as an extension of its all-inclusive SAP Business Warehouse (SAP BW) product. But this evolution in the form of SAP Analytics Cloud also aligns with three top trends in today’s rapidly evolving data and analytics solutions landscape, as identified in SAPinsider research report Enterprise Data and Analytics State of The Market.
Top Analytics Trends and Their Alignment with SAP Analytics Cloud
Trend 1: The future of data and analytics is in the cloud
The critical technology drivers of analytics transitioning to the cloud are the ability to scale quickly, enterprise-wide collaboration capability, and flexibility in systems capabilities, according to SAPinsider’s research report The Future of Business Intelligence. SAP Analytics Cloud leverages all these benefits and combines them with its domain depth acquired from decades of market leadership in enterprise systems.
Trend 2: Democratization of data and analytics
Democratization of data, in the form of easy access to data for moderately skilled staff, “self-service” analytics, and easy and intuitive user interfaces are quickly becoming the new normal. SAP Analytics Cloud fits in there as well by providing self-service, AI-guided analytics features for functional managers, who are not data scientists or technical managers.
Trend 3: Cross-functional data and analytics platforms are becoming a necessity
Organizations understand that siloed view into data and siloed analytics do not yield the results they need to build a highly interconnected and resilient enterprise in this digital age. SAP Analytics Cloud addresses that need ideally by allowing it to be used as a collaborative enterprise planning tool.
Key Consideration for SAPinsiders
- Align SAP Analytics Cloud with your cloud analytics strategy: While cloud-based tools have advantages over on-premise tools in many areas, the key to success is understanding how SAP Analytics Cloud will fit into your comprehensive cloud-based data and analytics strategy. To know how SAPinsiders are formulating their strategy, read our latest analytics research Analytics in The Cloud.
- Push analytics to business: Modern analytics tools like SAP Analytics Cloud have features and functionalities like intuitive interface and drag-and-drop capabilities that allow business users to leverage these tools without needing technical skills. Ensure that you put these tools in the hands of more business users. This SAPinsider article shares an example of how augmented analytics in SAP Analytics Cloud helps business users make better business decisions.
- Understand the capabilities to leverage the full potential: The unique abilities that SAP Analytics Cloud combines, including planning, predictive analytics, reporting, and BI, provide a potent tool in the hands of SAP users. The key is to understand the comprehensive solution and plan your enterprise analytics initiatives accordingly. SAP Learning portal is a great resource to develop this understanding.
117 results
Sporting Goods Giant Transitions Their Planning Process to SAP Analytics CloudDec 15, 2022 — Callaway Golf, a global market leader in delivering innovative sporting products, had a planning landscape centered around SAP’s legacy planning solution—BPS. While BPS met Callaway Golf’s planning needs for many years, the enterprise began to experience limitations with their old solution. They were struggling with disconnected plans across the enterprise, outdated planning functionalities, and significant IT support needs.
Read this case study to learn how Callaway Golf successfully consolidated data and planning with SAP Analytics Cloud.
1 minute read
Leveraging System Dynamics in Supply Chain PlanningOct 21, 2022 — Any analytics technique or any analytics jargon, whether it's data science or advanced analytics, is eventually all about leveraging data or information to extract insights and knowledge based on specific techniques. However, using defined techniques sometimes leads to challenges or failures when companies try to leverage these algorithms in the real world. The reason we cannot translate a significant amount of academic work into the world of business at a high level can be put into two categories. First, many of these technologies and cutting-edge research do not have any immediate application in the industry. The second category of reason can be defined by saying that in academic environments, those who experiment with these algorithms typically experiment with problems that are a very good fit for the specific algorithm being leveraged by them. However, some methodologies, like system dynamics simulation modeling, can be leveraged for problems that do not fall within the rigid bounds of a specific approach. The system dynamics approach can be particularly useful in modeling unique and customized inventory management systems.
5 minute read
Enterprise Planning and Analytics on SAP Analytics CloudJul 22, 2022 — Costa Group is Australia’s largest Horticulture company with five unique business categories and international operations. Over time, each business unit had developed unique planning processes and relied heavily on excel. Costa group is on a journey to standardise the planning processes and methodology across the group whilst allowing for unique planning scenarios within each business unit using SAC.
1 minute read
Data Connections For SAP Analytics CloudJan 18, 2022 — Analytics is driven by data and hence even best-of-breed tools like SAP Analytics Cloud need robust data integration to harness their capabilities fully. Data connection and seamless integration to data sources are critical to building robust data and analytics capabilities. SAP Analytics Cloud supports a plethora of data sources and data connections. It offers a variety of connectivity options and can be integrated into an enterprise's existing data and analytics landscape or can be used as a stand-alone enterprise analytics platform. This article will provide readers answers to questions like:
• What are the types of data connections available in SAP Analytics Cloud ?
• What are examples of those data sources?
• What are the characteristics of these data connections?
3 minute read
Analytics in the Cloud Research WebinarJan 18, 2022 — On Demand As organizations digitalize at a rapid pace, the amount of data that their processes are generating is exponential. Rapid expansion of edge analytics and collection of unstructured data is also proliferating. As organizations move to cloud-based data platforms and warehouses, they are also looking at cloud-based analytics applications. Analytics in the cloud offers […]
1 minute read
Predictive Planning in SAP Analytics CloudJan 14, 2022 — SAP Analytics Cloud (SAC) has advanced Machine Learning (ML) functionalities built-in that can allow non-data science users to perform advanced modeling as well. Predictive analytics remains a key advanced analytics approach among various analytical approaches. In this blog, we will explore the smart predict functionality of SAC and understand how expert, non-data scientist users can leverage them to build predictive analytics models. Readers will get answers to questions like:
• What is predictive analytics?
• What is smart predict and how it can help create more “citizen data scientists”?
• What is augmented analytics and how does smart predict uses it to aid business users in predictive planning?
3 minute read
Life After BPC: How do SAP Group Reporting and SAP Analytics Cloud Support Effective Processes?Jan 6, 2022 — Many organizations currently leverage SAP BPC as a core planning solution. With the advent of SAP Analytics Cloud, companies now have a choice to update and extend their current capabilities. But does that mean you have to walk away from your current investment? This session offers a detailed guide for helping organizations get the most out of their investment in SAP BPC while complementing their solution with SAP Analytics Cloud.
You will:
• Learn what hybrid planning is and how it can help you increase your capabilities while preserving your existing investment
• Understand the true differences between SAP BPC and SAP Analytics Cloud when it comes to planning and how also these solutions can strengthen and complement each other
• Discover how real-world companies are using this hybrid approach to drive greater visibility, flexibility, and insight into their end-to-end planning process
1 minute read
Analytics in the Cloud Benchmark ReportDec 30, 2021 — In This Report: Business complexity has increased exponentially in the last decade and so have the associated risks of disruption. SAPinsiders have consistently indicated in multiple research reports that evolving their data and analytics portfolio can help them address and manage these complexities and resulting disruptions in a much better way while also helping them […]
1 minute read
HCM and Digital TransformationNov 5, 2021 — Contributing Editor: John Yuva, SAPinsider I consider ‘HCM or HXM digital transformation’ as the next evolution of what we used to call ‘the journey into the cloud,’ says Danielle Larocca who oversees the HCM and EIM technologies at EPI-USE Labs. She says with any digital transformation, the concerns are around ensuring the continuity of business […]
1 minute read
SAP Analytics Cloud – Enhancements to Improve User ExperienceOct 5, 2021 — SAP Analytics Cloud has been available for a few years now, with many customers using the product or thinking about implementing it. Perhaps you’re using SAP Analytics Cloud for analytical scenarios or planning scenarios, and are aware of the enhancements being delivered each quarter. In this article, we’ll focus on a set of critical enhancements to SAP Analytics Cloud that have been delivered in the last few months.
Within this piece:
• Learn about some of the highlights of the latest release of SAP Analytics Cloud
• Learn about the new simplified navigation elements
• Experience the new reporting capabilities, providing you with more layout control
• Learn more about the optimized view mode, helping you to improve the overall performance.
6 minute read