SAP 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

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

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.