What is 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.

AI Enabled Applications in SAP Portfolio

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 in-built tool 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.

What is 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.

AI Enabled Applications in SAP Portfolio

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 in-built tool 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 offering  promises 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.

Key Considerations

  • Develop a fundamental understanding of AI algorithms: Explore what specific algorithms are available and understand where they can be leveraged. This will help you get optimal value from these tools. As an example, you should be aware that you can use clustering algorithms for customer segmentation. Here is an example of a good overview of critical algorithms used in SAP applications.
  • Understand the limitations of underlying data infrastructure: Understanding aspects of the underlying database is also critical. This helps you build pragmatic models. As an example, HANA has a 2 billion rows limitation, and hence you may have to leverage partitioning of tables for data larger than that. This impacts your model development as well.
  • Understand the limitations of tools available: Understanding the ML tools’ limitations is another aspect that saves you a lot of pain. For example, some PAL algorithms have limits on the number of parameters. This means you will have to pay more attention to feature selection or feature engineering while building models with these algorithms. You can find several examples of these limitations on the SAP help portal and SAP blogs.

57 results

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    Reading time: 5 mins

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  6. Conversational AI

    Conversational AI for Inventory Planning

    Published: 16/June/2022

    Reading time: 3 mins

    Conversational AI is a powerful tool already being leveraged in many functions and augmented analytics tools. There is an opportunity to further explore this technology in the area of supply chain planning. This article explores how conversational AI can be leveraged for inventory planning and management. With application examples, it touches upon the two key…

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    Published: 27/May/2022

    Reading time: 5 mins

    Internet of things (IoT) devices are now being used in most major supply chains in some forms, at various scales. These devices leverage the internet to collect and exchange data about supply chain activities. Cisco estimates that by 2025, there will be 42 billion IoT devices in use globally. Cisco also estimates that IoT devices…

  8. AI Talent Management

    Competitive Advantage Through AI-Powered Talent Management

    Published: 30/March/2022

    Reading time: 6 mins

    As per statistics released by the Manpower group in 2021, over 20 million jobs were eliminated during a two-month period in 2020. If that was the trough, the current labor market scenario is at its peak. In sharp contrast to 2020, 2022 is the best market that job seekers have experienced over their career. Employers…...…

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    Discussing AI Powered Talent Management with Phenom

    Published: 30/March/2022

    Reading time: 1 mins

    Employers can no longer keep relying on legacy data points like educational qualifications and work experience, combined with a conventional interview process to validate skills and determine “cultural fit”. Overall, this approach is legacy, subjective, has multiple drawbacks, and can introduce potential bias opportunities. However, the good news is that with advances in data science,…

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    Evolving Your Organization’s AI Capabilities

    Published: 24/August/2021

    Reading time: 3 mins

    By Kumar Singh, Research Director, SAPinsider AI is a critical component in helping organizations transform the way they operate, improve customer service, and offer new opportunities to their workforce. At SAPinsider, we will be publishing an AI and ML State Of the Market benchmark report for the first time in early 2022, to capture insights…