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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.
71 results
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AIoT in Supply Chain Planning
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…
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- SAP AI
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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…
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Taking AI from Buzzword to Reality
Published: 09/August/2021
Reading time: 7 mins
For many companies, determining where and how to apply artificial intelligence (AI) technology for business gain can be an elusive objective as leaders grapple with understanding its complexity. Viakem, an 81-year-old specialty chemicals manufacturer based in Mexico, recently completed a successful AI initiative to support its HR function. As part of the initiative Viakem’s CIO…
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Looking for Opportunities to Leverage Artificial Intelligence (AI) in Your Business ? Use These Three Ingredients
Published: 12/July/2021
Reading time: 3 mins
by Kumar Singh, Research Director, Automation & Analytics, Supply Chain Management, SAPinsider Common business sense dictates that no two organizations will be the same in terms of organizational structure, culture, current capabilities etc. so any strategic initiative that may work for one might not work for another. Yet, when we embark on strategic digital…
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Why a Solution That Can Integrate Algorithms Smartly Will Be a Game Changer
Published: 02/July/2021
Reading time: 2 mins
by Kumar Singh, Research Director, Automation & Analytics, Supply Chain Management, SAPinsider Thinking beyond the obvious We envision that at some point, AI algorithms will replace existing supply chain planning systems. However, we rarely think about or discuss the architecture of the kind of solution that can make it happen. We will not get…
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Leveraging ChatGPT in The SAP World
Published: 27/May/2021
Reading time: 5 mins
In this article, we will cover how the underlying algorithm behind ChatGPT can be leveraged in SAP ecosystem in this article. ChatGPT, as you may know, is an AI model developed by Open AI, which leverages a specific type of algorithm, reinforcement learning, to engage and interact in the form of a conversational dialogue. The…
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Leveraging AI for “Segment of One” Supply Chain Planning
Published: 25/March/2021
Reading time: 6 mins
A couple of decades ago, leveraging the strategy of delayed differentiation in supply chains was the rage. Delayed differentiation offered a relatively higher level of personalization without creating inefficiencies like excess inventory in the supply chain. For example, a manufacturer would color a lot of polo shirts only after demand trends started trickling in on…
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- SAP AI
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Mitigate the Risks of your SAP S/4HANA Projects With AI and Automation
To better support the innovative enterprise, SAP is continually evolving its core ERP platform. This continuous process provides companies with exciting new features and technologies that potentially improve their operating efficiencies. However, these changes can also pose risks that existing functionality, supported with standard or custom components, will no longer work in a new SAP…
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