Partners to Earn $220 Billion in Five Years with SAP Analytics and Big Data Solutions
SAP partners will earn about US$220 billion worldwide in the next five years thanks to the company’s analytics and big data solutions, according to an infographic released Tuesday by Framingham, Mass.-based research firm IDC. Approximately US$102 billion of that revenue will be in the Americas, US$70 billion in EMEA and US$48 billion in APJ.
|More than two-thirds of companies will look for skills in advanced or predictive analytics skills in the next 12 months, yet almost as many do not have a stated Business Intelligence/Analytics strategy.|
This will occur as demand for advanced analytics and predictive analytics rises sharply over the next 12 months, IDC also stated. Look for greater efforts to control costs, optimize operations and manage risks too.
But market demand for technology and efficiency won’t make solutions magically appear. So the infographic also featured the top three IT challenges to delivering a successful business analytics solution:
- Managing Data Quality
- Lack of Sufficiently Skilled IT Staff and Cost of Technology
- Data Integration
The multi-billion dollar partner opportunity showcased in “Worldwide Ecosystem Analytics & Big Data: Growth Opportunities for SAP Partners” is related to SAP products. They include reselling, professional services and solutions developed on top of analytics solutions, such as SAP HANA.
The digital universe will grow to 40,000 exabytes by 2020, up from only 130 exabytes in 2005, according to a previous IDC study. That underscores why SAP wants to help its customers master the explosive growth of data, which will enable them to make faster, better-informed business decisions.
SAP made the announcement on the final day of its two-day SAP Americas Partner Leadership Summit in Florida.