Telecom Lead Asia: SAP has launched SAP
BusinessObjects predictive analysis software to empower organizations with
the ability to improve decision-making by predicting future outcomes.
The new offering aims to equip more people with a
user-friendly and graphically stunning tool for predictive modeling and
advanced visualization.
Analytics solutions from SAP are powering a
decision-making revolution for businesses that recognize the future starts a
second from now, not a week or a year from. That’s why predictive applications
must be intuitive, where people work and powered by real-time performance,”
said John Schweitzer, senior vice president and general manager, Analytics,
SAP.
The software is intended to exploit the full value of
Big Data” when coupled with the power and speed of the SAP HANA platform,
enabling organizations to reveal and act upon untapped opportunities and hidden
risks.
Predictive capabilities help businesses explore and
identify the opportunities and risks hiding in the sea of all that big data,”
said Dan Vesset, vice president, Business Analytics solutions, IDC.
With the software, analysts can create models either by
using the predictive algorithms included or can integrate and use algorithms
from the widely-used R open-source data analysis and statistical language.
SAP plans to enable customers to use the software for
instant insight into large data volumes to anticipate future opportunities and
risks.
While SAP BusinessObjects Predictive Analysis is planned
for availability via standalone deployment, the software is also intended to
uniquely unlock the value in Big Data” when utilized with the SAP HANA
database, which provides a data mining and statistical function library.
Recently, Usha International, a multi product consumer durable manufacturing company
selected SAP India HANA on Business Warehouse (BW) to gain real-time visibility
into its businesses and achieve better business outcomes.
editor@telecomlead.com
