Today, the world’s most valuable resource is data. Artificial intelligence (AI), machine learning, the Internet of Things (IoT), advanced analytics, and blockchain are moving into mainstream technology, driving organizations to discover new innovations and create better business outcomes. Companies that fail to explore new technology risk falling behind, both from a capabilities standpoint and in the marketplace.
So how can organizations remain competitive and harness the power of emerging technology? The answer is by becoming an intelligent enterprise. SAP is committed to helping customers transition to smarter processes that provide greater value to the business. With SAP Analytics for SAP S/4HANA, companies can discover the insights needed to truly innovate business and become an intelligent enterprise.
A Perfect Data Storm
Fueled by data, the pace of change is accelerating rapidly. By 2025, 60% of human tasks in the workplace will be automated. Digital transformation is no longer seen as revolutionary — it is becoming the norm. Organizations that can achieve new levels of digital transformation will be the pioneers of tomorrow.
But today’s digital enterprises are facing multiple challenges. The overwhelming volumes of new data being generated are placing ever-growing pressure on organizations to become more productive. Employee expectations are also changing. The “employee experience” is replacing the traditional career model and with it comes the demand for more meaningful work and new skillsets. At the same time, disruptive business models are propelling competitors forward and customers are demanding a seamless buying experience.
To derive meaningful, actionable insights from data, keep pace with emerging technologies, and respond more rapidly to customer expectations, organizations must become intelligent enterprises. A truly intelligent enterprise adopts technology that automates business processes and augments employees’ capabilities, empowering them to do more while focusing on strategic tasks based on real-time and forward-looking insights. Businesses need technology equipped with machine learning and predictive analytics to make processes more intelligent so that they can meet the unique demands of their industry and drive strategic initiatives.
Intelligent Enterprises Drive Business Outcomes
Intelligent enterprises will drive a next-generation value economy, creating an estimated $3.5 trillion value and forcing organizations to rethink the way in which they operate. To thrive and remain competitive, organizations must reimagine and innovate their business processes — and analytics is the key. SAP empowers its customers to make the transition into an intelligent enterprise and achieve the following:
- Do more with less and empower employees: Automation ensures that talent is able to focus on more meaningful work, resulting in a more engaged and more productive workforce. Analytics solutions help employees become more informed and execute business processes more efficiently — machine learning processes are automated, so they too are more efficient.
- Deliver a best-in-class customer experience: Intelligent enterprises predict and meet their end-customer requirements in a proactive manner.
- Invent new business models and revenue streams: The way in which data is managed and applied to business objectives can impact how an organization will perform strategically. Growing numbers of organizations are seeking ways in which to innovate and tap into this new asset.
Transition to an Intelligent Enterprise
The transition to becoming an intelligent enterprise requires three things: an intelligent suite that integrates applications to manage employees, customers, suppliers, and all core business processes; intelligent technologies with embedded machine learning and advanced analytics that applies intelligence to data and processes; and a digital platform that manages increasing amounts of data gathered from disparate sources and formats.
At the center of the intelligent enterprise is SAP S/4HANA. Its sophisticated, 100% in-memory data management is the key to intelligent ERP, offering real-time processing combined with transactions and analytics in simplified data models. It enables analysts to convert data into insights that the business can use for smarter and faster decision making in real time.
SAP Analytics: The Core of Intelligent Technologies
Becoming an intelligent enterprise is driving the need for more analytics. Organizations must give employees, partners, and customers immediate insight into what is going on and what will happen next. Investment in the following areas can help companies seize this opportunity:
Cloud analytics enable the modern and agile analytics that intelligent enterprises require. SAP Analytics Cloud is a next-generation, software-as-a-service (SaaS) solution that fits into an SAP S/4HANA platform running on premise or in the cloud. Running SAP Analytics Cloud with SAP S/4HANA empowers organizations to discover, visualize, plan, and predict all in one simple cloud environment. Seamless access to SAP and non-SAP data results in the transfer of trusted data — not more data silos.
Predictive analytics and embedded machine learning
Predictive analytics and embedded machine learning deliver increased automation and efficiency to an organization’s processes. SAP Predictive Analytics is embedded in SAP S/4HANA applications to combine with real-time insight-to-action, add automation to key functions, signal users when input is required, and enable the smarter and faster decisions that fuel the intelligent enterprise.
Enterprise data warehousing
With SAP S/4HANA, data warehousing is not dead: SAP BW/4HANA is a natural extension to SAP S/4HANA for enterprise data warehousing. It offers several benefits to SAP S/4HANA customers including data harmonization across all lines of business, provisioning of strategic insights with historical comparisons and trend analysis, and transaction data enriched with context gathered from big data lakes.
Become an Intelligent Enterprise with SAP
Technology has driven global economic growth in the last 10 years and at the current pace of technological change, today’s innovation will rapidly become another “must-have,” driving the transition to the intelligent enterprise.
The myriad issues arising from becoming an intelligent enterprise, however, requires careful change management to ensure effective implementation. SAP is committed to delivering the intelligent enterprise to its customers to empower them to unlock significant new business value with SAP Analytics and SAP S/4HANA. To learn more about the intelligent enterprise, visit www.sap.com/products/intelligent-enterprise.html. For more on SAP Analytics for SAP S/4HANA, visit http://bit.ly/2sUtfZq.