Ensuring Timely Business Insights: A Digital Transformation First Step
Digital transformation is driving the need for more analytics. At the same time, it’s opening up opportunities for organizations to provide all of their employees, customers and partners, with trusted, actionable insights into what’s happening.
To ensure success, those insights must be aligned with business strategy and delivered in a timely manner. By that I mean, at the right time to the right people within your organization.
But here’s where the majority of businesses encounter their first obstacle to digital transformation.
Only 31% of companies strongly agree they can obtain those insights in a timely manner.
In my previous blog, I explained why insights-driven businesses are the future and how SAP BW/4HANA provides a three-step process to bridge the data insights gap.
That process begins with simplifying the provisioning of timely business insights.
Add Efficiency and Agility to Your Data Practices
The problem for most organizations is the way in which their data sources are increasingly spread across different locations. Further fragmentation of technology results in internal and external data of diverse data types and in equally diverse formats.
The good news is that SAP BW/4HANA enables your company to manage its data with efficiency and agility. Our modern big data warehouse solution simplifies the design and operation of high performance scalable and agile data management architectures and automates data life cycle management, ensuring your business insights are delivered on time.
Deploy Live and Immediate Insights at Scale
With the explosion in data volume, most organizations are simply unable to cope with (much less capitalize on) the opportunity to create actionable insights.
If that’s your experience, SAP BW/4HANA’s fast data loading and virtualization layer will enable your organization to leverage large amounts of data in real time without compromise. The ability to access live and immediate insights also provides data context. Without that context and completeness of data, actionable insights are treated in isolation and data is often misinterpreted.
Get Up and Running Quickly in the Cloud
Cloud adoption is increasingly becoming a necessity for organizations. While hybrid is expected to remain the most common usage of cloud, it’s predicted that by 2019 we’ll see a growing shift from cloud first to cloud-only.
Best-in-class SAP analytics solutions like SAP Analytics Cloud and SAP Digital Boardroom are uniquely integrated with SAP BW/4HANA, which allows for versatile deployment options, in the cloud, on-premise, or through a hybrid option. Utilizing the cloud makes it even easier for companies to get actionable business insights quickly.
New Data Warehousing Capabilities Open New Doors to Innovation
It’s predicted that by 2020, the proportion of organizations deploying digital-platform strategies will have more than doubled to over 60%.
Simplifying the provisioning of timely business insights using advanced in-memory computing technology is your first step in this process.
By offering pre-packaged, best-practice functionality and business content, together with best-of-breed integration with SAP applications, SAP BW/4HANA’s packaged data warehousing solution delivers timely, actionable insights through one trusted source, enabling innovation with analytics use cases that weren’t in reach before.
If you found this blog useful, look out for my next one where I’ll be talking about how you can capitalize on the full value of all your data with SAP BW/4HANA.
- Download the new SAP-commissioned thought leadership study from Forrester Consulting, “How To Become an Insights-Driven Business.”
- Watch the replay of our recent SAP webinar, where you’ll hear insights from experts from Forrester Consulting, Valvoline, and SAP.
- Stay up to date by visiting our product page and engage with the SAP BW/4HANA community.