Business data is never isolated. For example, large enterprises may need to merge and compile data from many different systems to deliver a consolidated view of their organization’s financial performance. The ability to connect data across systems is essential to help digital businesses gain situational awareness and extract comprehensive insights in real time to support decision making and automation. Achieving this ability is what we call becoming an “Intelligent Enterprise”.
Data Management Challenges
The goal is clear: “To predict events and generate responses that can be automated to deliver the best outcome.” What are the challenges for an enterprise in implementing this?
Accomplish this, and we can efficiently monitor the propagation of the impact across the enterprise. Real-time embedded insights at each process step would help quantify the impact of any event and make it possible to analyze the impact across the value chain, ending with the impact on financial performance.
As we highlighted in an earlier blog, real-time data is the central component of the Intelligent Enterprise. Data is the currency of the digital transformation and data-driven applications are the future of application development. An end-to-end process that, for example, collects sensor data to provide new pay-as-you-go business models (by incorporating spatial analytics, machine learning, blockchain, contracting, operations, and billing) opens up a whole new world of data-driven decision making.
Consider an SAP S/4HANA project that combines business data in real time with data from other SAP business solutions such as SAP Ariba, SAP SuccessFactors, SAP Fieldglass, SAP Concur, or SAP Hybris. Such a setup delivers data-driven insights at each decision point in your business process by automatically predicting outcomes on both current and historical data.
Choosing the right data management strategy can also help your business break system barriers and overcome data complexity. Business must run advanced analytics alongside high-speed transactions on real-time data for accurate, up-to-date responses in a fraction of a second, taking advantage of machine learning for example, to be able score data sets in real time for instant responses.
This means your data management solution needs to:
SAP HANA Data Management—Paving the Way to the Intelligent Enterprise
A modern data management system like SAP HANA Data Management Suite (SAP HDMS) can help you tame your current data landscape complexity and smooth your path toward becoming an intelligent enterprise. SAP HDMS is the most advanced data platform to connect data and build intelligent and live applications that combine advanced analytics on any data.
Some of its key enabling innovations are derived from its capabilities around logical data models and virtualization that work in conjunction with the native power of the platform itself. This allows data to be queried and analyzed with real-time machine learning capabilities wherever it resides, or to have high-value data ingested from various sources with smart data integration capabilities.
For the connected and intelligent data, SAP HANA Data Management Suite provides three core advanced capabilities: 1) data access, 2) analytics processing, and 3) application development.
In short, leveraging the SAP HANA platform in SAP HANA Data Management Suite can help you take advantage of an in-memory multi-model database architecture that allows you not only to process structured and unstructured data, but also to avoid predefined aggregates, materialized views, and data duplication between operational and decision support systems.
When you use SAP HDMS alongside your SAP S/4HANA projects, you pave the way toward becoming an “Intelligent Enterprise” as your business gains the ability to sense, respond, learn, adapt, and predict in real time using intelligence from all your data assets.
To get more information on SAP HANA Data Management Suite, please:
SAP enables secure, governed enterprise class data management by providing an open, hybrid and multi-cloud enabled solution suite that orchestrates all the data you need into a trusted, unified landscape.