Data Intelligence and Planning using AI and Machine Learning with SAP Analytics Cloud - SAC

©2021 by IJCTT Journal
Volume-69 Issue-2
Year of Publication : 2021
Authors : Sanjeev Kumar

How to Cite?

Sanjeev Kumar, "Data Intelligence and Planning using AI and Machine Learning with SAP Analytics Cloud - SAC," International Journal of Computer Trends and Technology, vol. 69, no. 2, pp. 1-4, 2021. Crossref, 10.14445/22312803/IJCTT-V69I2P101

“Data is the new oil,” and this is now well understood and accepted by the medium scale to big organizations around the globe. Data is the number one priority for all the digital transformation initiatives being deployed by the companies involving multi-million dollars spent on the latest and greatest technologies that can handle terabytes of data with just a matter of a click.
With the revolutionized innovation in the field of smartphones and tablets, social outlets, wearables, embedded sensors, and connected devices, tons of data are being generated every minute. Also, there are multiple social media platforms available on fingertips to immediately float your thoughts over the internet. Big companies are now considering all this unstructured data over the internet to create an emotional intelligence framework and use it to offer their products and services back to the community. This definitely generated more revenue for the companies but also helped common people to address their needs.
Enterprises must choose a strong tool or technology to implement a solid data intelligence solution that can apply Artificial Intelligence and trained Machine Learning data models to slice and dice the big-data and turn it into a piece of meaningful information to be utilized by business analytics teams. Not only the data from social media but also the business data, i.e., data from product sales or services provided by any company, is also very important to be analyzed to make day-to-day decisions and, most importantly, to predict the future. This is only possible by implementing a robust and intelligent data analytics solution.
This paper aims to help enterprises in making a smart decision to choose a Data Analytics Solution provided by SAP called SAP Analytics Cloud. This cloud-based Software-as-as-Service (SAAS) tool helps to resolve data glitches in terms of big-data, analytical capabilities, security, and performance by using state-of-the-art Artificial Intelligence and Machine Learning capabilities that come together with this tool out of the box.

[1] From SAP Analytics cloud: Gain deep insights in less Time with SAC
[2] Cloud analytics for Intelligent Enterprise
[3] Statistics and Machine Learning at Scale.

Business Intelligence, SAP Cloud, Financial Planning, SAP HANA, Predictive Analytics