In today’s enterprise world, analytics plays a key role in making strategic decisions. Data has become the new currency, and companies that manage it effectively gain a significant competitive advantage. However, the volume and complexity of data are perpetually increasing, creating challenges for organizations. Only 31% of organizations say they are able to obtain and effectively process valuable information from multiple sources that assist them in creating reliable business assets. Such cooperation in a single working environment based on up-to-date data will allow the company to make strategic decisions quickly.
This is where SAP Analytics Cloud (SAC) comes to the rescue, being an integrated cloud-based business intelligence solution that combines business intelligence (BI), planning, and forecasting functions. With extensive experience in implementing and supporting SAP Analytics Cloud, the LevelX platform offers a detailed overview of the tool’s capabilities to help you understand how it can contribute to the growth and success of your business.
How to define SAP Analytics Cloud? SAP Analytics Cloud is an all-encompassing analytics and planning solution specifically aimed at unlocking the full potential of your investments. This complex solution is found in critical commerce applications and the most sensitive data sources.
Accurate demand planning and supply chain data are in huge demand to prevent testing delays. To better prognosis and plan for each project, many establishments with a brand name have selected SAP’s business technology platform to build central content storage. Combined with SAP Analytics Cloud, they now stand out with comprehensive functionalities for planning and reporting.
Let’s enumerate possible perks of the SAP Analytics Cloud for businesses.
An extensive range of extra services is available while adding SAP Cloud to your platform:
- Deployment of a reliable AI. One can leverage the power of generative AI to automate reporting, uncover hidden patterns, and establish business plans with the AI assistant.
- Delivery of thorough analytics. Due to SAP Analytics Cloud, your enterprise can extend intelligence capabilities and deliver industry insights based on pre-built business content.
- Transformation of corporate planning. Collaborative planning is achieved by combining financial, logistics, and operational planning in a single solution.
What advantages can you get with SAP Analytics Cloud?
- Make informed decisions based on data without hesitation
- Get deep insights and unique ideas for business strategy planning
- Anticipate any unpredictable scenarios and set up plans based on them
- Accelerate planning, budgeting, and data analysis processes
- Quickly create any analytical reports for any challenging tasks
- Get access to any type of valuable information in a few clicks
- Get more done with less time, money, and effort
- Concentrate only on what is needed, avoiding downtime and ineffective actions
- Get accurate cost data and optimize it.
By joining the SAP Analytics Cloud, you can provide everyone in your organization with the information they need to make better decisions and act with confidence. The system can automate data analysis based on machine learning capabilities, helping you use the full context of SAP data to bring analytics closer to the point of decision.
SAP Analytics Cloud allows you to connect to sources in two different formats:
- In Import mode, when the data is loaded into the analytical system, and can be updated on a schedule. Here we can use the full range of system capabilities in terms of data visualization and analysis, planning, and predictive analytics.
- In Live mode, when data is not uploaded to the cloud, and we see the current data from the source system at the time of opening the report. This connection allows you to use most BI functions and advanced system analytics. It is vitally important that this set of functions is regularly updated.
While comparing SAP cloud solutions with habitual software platforms, it offers numerous advantages over traditional software on local servers. By leveraging the scalability, flexibility, and availability of the cloud, SAP enables businesses to reduce upfront infrastructure costs, eliminate maintenance costs, and access their applications from anywhere at any time. In addition, SAC implementation enables seamless upgrades and modernization, keeping organizations at the forefront of technology without disrupting operations.
More than 60% of the European and 50% of the American market use SAP products. Among the clients are real business sharks: Adidas, Shell, Google, Coca-Cola, and Volkswagen.
Case Study
Being known as a prominent IT leasing corporation, Hard Renta realized how converting hardware investment funds into better operational productivity can help promote growth and development. Having decided to apply this principle to its own IT operations with the SAP Analytics Cloud solution, the business has enjoyed the efficiency and flexibility to promote its high-quality services quickly across the whole Latin American territory.
It can be concluded that SAP does not stand still and constantly develops new high-tech, simultaneously boosting market share in terms of business applications and analytical solutions. As for SAP Analytics Cloud, it covers most of the customer’s needs with one product. By buying a set of solutions once, you get opportunities to automate your entire business.
