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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.
125 results
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