Nearly 95 per cent of organizations report an increase in the volume of data they have been dealing with over the last 12 months and 75 per cent of organizations say it is difficult to reap the benefits of predictive analytics without specialized employees. To address these issues, SAP AG has taken steps to bring advanced analytics capabilities to a broad spectrum of users by today announcing the availability of the SAP InfiniteInsight solution.
Based on the patented automation technology from KXEN, an SAP company, the solution will provide businesses the simplicity and productivity to deploy predictive analytics across the business. Shekhar Iyer, Global VP, Business Intelligence and Predictive Analytics, SAP, said, “Our research shows companies need new ideas and tools in order to capitalize on their data. We constantly hear that the lack of skilled resources, high total cost of ownership and the manual iterative approach that existing legacy solutions have are all challenges for broader adoption. Put simply, the old approach is not working. SAP InfiniteInsight, along with our existing advanced analytics capabilities, provides a platform to help analyze business in real time and provide predictive insight across the enterprise by integrating predictive insight into applications, processes and decision-making.” SAP InfiniteInsight solution is designed to bring greater insight to more people by extending the power of predictive analytics from data scientists to line-of-business users. SAP InfiniteInsight is available as a bundle with SAP Predictive Analysis software, which gives line-of-business users and analysts the ability to acquire and manipulate data as well as to visualize results with embedded SAP Lumira software.
