SAP Analytics
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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.
98 results
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Integrating Analytics and Automation for Supply Chain Resiliency
Reading time: 5 mins
Pandemic-related supply chain disruptions have caught the attention of C-suite executives. Leadership now recognizes the importance of supply chain resiliency and are prioritizing and investing in strategies to improve supply chain agility. Resilient supply chains not only mitigate or manage supply chain ris and disruptions efficiently, but they also improve customer service. However, the capabilities…
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- SAP Analytics
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Provide Actionable Insights With Your Next Dashboard
Reading time: 6 mins
Dashboards are often created with a boilerplate approach. They sometimes have the most typical metrics listed out, but forget one crucial aspect - what action do we need to take next? The most critical aspect starts with understanding the requirements and making sure that you are visualizing the right KPIs—not just metrics. In this article…
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Value Based Supply Chain Analytics Through Solution Integration
Reading time: 5 mins
In our life, everything is defined by value. And that holds for the world of supply chain management as well. The concept of value stream mapping is to understand which activities within certain processes or a specific process are not adding value to the final deliverable. When we think about analytics or how we need…
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SAP Industry Cloud – Need of The Hour?
Reading time: 4 mins
SAP Industry Cloud is a portfolio of cloud-based solutions designed specifically for specific industries, by SAP and SAP partners, on the SAP BTP platform. That is the simple explanation but should help you see how it comes into play after the narrative described in the last paragraph. Companies in specific industries can save a lot…
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Five Stages of Achieving Supply Chain Analytics Maturity
Reading time: 2 mins
Supply chain analytics has rapidly evolved in the last few years, supported by progress in technology and computing power. This evolution can also be attributed to increasing supply chain complexities, and challenges companies are increasingly running into. SAPinsiders have consistently highlighted their increased focus on leveraging analytics and automation in the supply chain in our…
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- SAP Analytics
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Blurring Boundaries between Optimization and Simulation Tools
Reading time: 2 mins
Optimization and simulation tools have been used in supply chain analytics for a long time. Generally, they have been categorized into prescriptive analytics methodologies that help you understand the best way to do something. This is not a concrete characterization, however. If your simulation model of your current state, for example, helps you understand which…
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Exploring Key Technical Features of Enterprise Analytics
Reading time: 1 mins
As businesses become more diverse and complex, so do their associated business analytics systems. Imperatives like the need to build near real-time visibility, a data-driven culture, and digitalization have forced many organizations to invest in many data and analytics tools and technologies. Though technology and computing power have rapidly evolved during the last decade to…
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The Three Ss of Cloud Market Dominance
Reading time: 3 mins
There is no doubt that cloud infrastructure will redefine how organizations build their technology capabilities and how they innovate. This has emerged as a consistent theme in our research and conversations with the SAPinsider community. Our research reports like Future of Business Intelligence, Analytics in The Cloud, Modernizing Logistics and Inventory Tracking, and Supply Chain…
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Amazon’s Acquisition of iRobot : The War For Consumer Data
Reading time: 5 mins
Amazon's decision to buy iRobot is a strategic step geared towards collecting more consumer behavior data points. This article discusses this strategy in detail and explores how Amazon may end up leveraging this data. Specifically, in this article, we explore (1) Why customer data is important (2) How Amazon has worked over the years to…
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- SAP Analytics
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SAPinsider 2022 Vegas : Data & Analytics Session Themes
Reading time: 3 mins
SAPinsider events have been the most widely attended, independent networking and knowledge-sharing events in the SAP technology ecosystem for decades. After taking a hiatus from in-person events for a couple of years, due to the pandemic, SAPinsider was back with a bang this year. SAPinsider 2022 saw 3000+ members in attendance in Vegas in July…
Featured Insiders
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Akash Kumar
Associate General Manager, HCL
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Diego Lombardini
Cloud, ERP, Business Intelligence, Analytics and Travel & Expense Management solutions
Partner Solutions Architect at AWS
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Shawn Brown
Senior Director, SAP
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