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Analytics pertains to leveraging data generated and captured across the organization to generate insights that can help transform the way organizations run. Analytics can also help build capabilities that can automate many aspects of day-to-day decision making that is currently performed manually. There are three main categories of analytics leveraged in organizations today:
Business Intelligence (BI)
Analytics pertains to leveraging data generated and captured across the organization to generate insights that can help transform the way organizations run. Analytics can also help build capabilities that can automate many aspects of day-to-day decision making that is currently performed manually. There are three main categories of analytics leveraged in organizations today:
Business Intelligence (BI)
The end-to-end process of BI involves analyzing the data generated by businesses, transforming the data into insights, and leveraging those insights to make optimal decisions. BI tools primarily leverage “descriptive analytics,” because these tools traditionally focus on analyzing current and historical performance based on data generated by the enterprise.
Machine Learning
Machine learning (ML) is a subset of artificial intelligence (AI) algorithms. The differentiating aspect of these algorithms is that they can learn from the input data and modify the model based on changes in that data. It is this “learning” aspect that makes these algorithms powerful.
Artificial Intelligence
In simple terms, Artificial Intelligence (AI) refers to systems or solutions that can replicate human decision-making capabilities. These solutions often leverage a combination of software and hardware to mimic human capabilities like problem -solving and decision making
Key Considerations for SAPinsiders
SAP applications leverage AI and ML algorithms extensively to either embed innovative capabilities within their solutions, help end-users perform advanced analytics with minimal technical proficiency, or allow data scientists and ML engineers to build advanced ML models and solutions. SAP HANA has been designed to be easily leveraged as a scalable ML platform. A powerful tool built into SAP HANA is the Predictive Analytics Library (PAL).
SAP Data Intelligence has a rich ML content library. Like most best-of-breed analytics tools, SAP Analytics Cloud provides users the ability to leverage advanced Machine Learning (ML) algorithms. While ML algorithms have many applications, predictive analytics remains a key one.
On the business processes side, SAP AI offerings promise to infuse transformative intelligence to all key business processes areas like lead to cash, design to operate, source to pay and recruit to retire. AI algorithms help include innovative features across all these processes.
106 results
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Take Charge of IT Operations Management
Reading time: 5 mins
As IT organizations seek a more strategic role in businesses, data center administrators are on the front lines. They’re asked to do more with less while having to cope with big data. To help with these duties, SAP IT Operations Analytics offers a holistic view across the entire data center landscape with fast day-to-day maintenance…
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How SAP IT Operations Analytics Can Boost Performance across the IT Landscape
Reading time: 8 mins
In order to run an efficient and agile IT environment, professionals across industries are striving to gain holistic, transparent insights across their IT landscape, identify the root causes behind incidents, and be able to analyze and prevent incidents instead of just reacting to them. But the complexity and segregation within most IT environments prevent organizations...…
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- SAP Analytics
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Analytics for Continuous Performance Management
Reading time: 26 mins
Organizations can benefit from replacing the traditional annual performance review process with a continuous performance culture. Users of SAP SuccessFactors continuous performance management functionality can generate reports and tiles to monitor the use and effectiveness of the solution in the organization. Key Concept Annual performance reviews hold employees accountable for their past performance rather than...…
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Unlocking Big Data at SAP TechEd
Reading time: 4 mins
Audio pioneer Dolby Laboratories, which has been delivering audiophiles a superior sound and sight experience since the 1970s, decided in 2016 that it wanted an equally stringent level of quality assurance for its business process testing. The business sought a risk-based automated testing solution to reduce or eliminate regression test coverage gaps and lengthy testing…
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Live from SAPinsider Studio: Embrace the Analytics of the Future
Mike Flannagan, SVP of Analytics at SAP and keynote speaker at BI 2017 and HANA 2017, sits down with SAPinsider Studio to explore some of the most influential trends that are shaping the future of business analytics. Topics discussed include: Leveraging predictive analytics for greater innovation Adapting to the new demands of bimodal IT Engaging...…
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Analytics in the Digital Economy and Seize the Insight-Driven Advantage
Analytics in the Digital Economy As data becomes a highly valued and strategic asset, it is fueling the transformation of the digital organization. A new, self-service, data-driven culture has evolved that is reaching from the boardroom to the manufacturing floor, driving significant ROI for the business. Organizations that are tapping into the value of their...…
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How Big Data and AI Help Us Tackle the World’s Biggest Problems in 2017 and Beyond
Reading time: 4 mins
Some of the world's most troubling issues — climate change, the energy crisis, healthcare, and overall safety — are being addressed with emerging technology such as artificial intelligence and big data. Analysts are gleaning more and more insights everyday to help make the world a better and safer place. Membership Required You must be a…
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- SAP Analytics
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How to Configure an SAP Stability Study for Better R&D and Product Improvement
Reading time: 25 mins
Discover how SAP system functionality can assist businesses in research and development (R&D) and product improvements. In certain sectors such as pharmaceuticals and the food industry, it is a legal requirement to document and maintain the data related to various tests carried over in the R&D phase for product approvals. Learn step-by-step configuration to realize...…
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- SAP Analytics
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8 Simple Steps for Creating a Successful Dashboard (Part 2): Steps 1 – 4
Reading time: 14 mins
In this second part of a three-part series of articles, learn about the first four steps of this new approach to building better dashboards. Key Concept One key for creating a successful dashboard is to have a complete grasp of the actual business problem that the dashboard should solve. This process also includes interacting with...…
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Data Analytics for the Modern Business
Reading time: 2 mins
A logistics company that reroutes its trucks in real time to avoid a traffic jam. A manufacturer that preemptively services an asset before it breaks down. A retail organization that selects the location of its new store based on foot traffic on a city street. These are just some examples of modern businesses that make...…
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Shashidhar Garimella
SAP America Inc
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Nick Parkin
Founder & CEO, Proceed Group
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SAP
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