Intelligent Enterprises with Predictive Analytics
On March 20, we announced the general availability of SAP Predictive Analytics, application edition, at the Gartner Data & Analytics Summit in London (read the press release). Working together with Accenture, we’re able to bring a lot more innovations to the SAP application landscape that deliver powerful new capabilities to our customers.
SAP Predictive Analytics application edition is part of the broader SAP Leonardo offerings. SAP Leonardo provides a rapid path to digital innovation by combining design services, an industry-leading cloud platform and applications, deep expertise in business processes, and the most innovative new technologies like machine learning. As I indicated in an earlier blog, SAP Predictive Analytics, application edition, is a game changer for SAP applications and, more importantly, for SAP S/4HANA (which can now bring together intelligent ERP both in cloud and on premise).
Machine learning solves business problems by utilizing mathematical models that can extract knowledge from data with their ability to see, read, listen, understand, adopt, retrain, and interact. It’s a very sharp contrast to traditional software engineering, which solves business problems purely by business logic. With machine learning, you hypothesize a model that solves specific use cases, and that model can adopt to the respective changes in the data —in other words, it’s learning and training itself.
With SAP Predictive Analytics, application edition, users can solve a variety of business problems with SAP applications such as SAP S/4HANA (for a complete list of applications, see my previous blog). Here is just a representative set:
- Predict trends
- Understand customers
- Improve business performance
- Drive strategic decision making
- Predict behavior
- Drive operational efficiency
- Provide targeted products and services
- Identify new business opportunities
- Improve productivity
- Identify risks
- Faster response to business change
- Reduce fraud
SAP Predictive Analytics, application edition, allows the entire value chain of digital enterprise to drive and anticipate business outcomes in real time.
Our YouTube channel has many more video resources. Start with SAP Predictive Analytics, Application Edition: Embedded Machine Learning for Faster Decisions. And then see our playlists for others:
- The Predictive Analytics playlist
- The Expert Series: Predictive Analytics playlist
- The Nuts & Bolts of SAP Predictive Analytics playlist
Join our April 13 #askSAP Live Chat
This April 13 at 8:00 am PT we’ll hold another #askSAP Live Chat on our SAP Analytics Facebook page. Join SAP’s Kevin Poskitt and special guest, Karthik Palanisamy of itelligence, as they bring us up to date on SAP Predictive Analytics App Edition and the opportunities in embedded machine learning. Tell us you’re coming!
Access other resources and learn how you can solve your specific predictive analytics needs on our product page.