The last phase of Data To Value is to consume the prepared and managed data in analytics software. With SAP Analytics Cloud, you can consume your data to achieve insights for your enterprise and improve your enterprise planning to make better decisions.
SAP Analytics Cloud Functionality
Over the years, analyzing data has evolved from IT doing most of the analysis and then pushing the results to business users to business users analyzing the data themselves. SAP Analytics Cloud continues that evolution as a cloud-based, self-service business intelligence solution with integrated planning and augmented capabilities.
SAP Analytics Cloud connects your people, information, and ideas to enable fast and confident decision making. You can even provide access to on-premise analytics content, including the SAP BusinessObjects Business Intelligence suite and third-party solutions. And, being cloud-based means that users need only a browser and appropriate SAP Analytics Cloud access to work with SAP Analytics Cloud on either a computer or a mobile device.
We can summarize the three capability areas as follows:
- BI & Augmented
SAP Analytics Cloud currently offers several means for analyzing, reporting, and summarizing data like, for example, the Analytics Hubs, the Digital Boardroom, Smart Insighst, Smart Predict, and more.
You can automatically gain insight from any level of detail with augmented analytics features powered by artificial intelligence and machine learning technology. Accelerate growth by automatically discovering the key influencers of past results to simulate future scenarios and predict outcomes.
It is also possible to integrate to Microsoft Office or Microsoft 365.
- Planning
With SAP Analytics Cloud's planning capabilities, you can deliver timely plans, budgets, forecasts, and reports with greater speed and accuracy. Automate forecasts with Data Actions at any level of your plans to save time and gain trusted results with predictive analytics and machine learning. Simulate multiple outcomes with Value Driver Trees to see the impact of your business drivers in a sandbox environment. Use private versions to collaborate with teams on what-if analysis.
- Collaboration
The Collaboration features in SAP Analytics Cloud are designed to make working as a team easy and intuitive, regardless of the team members' locations.
These are capabilities like, for example, a context-based chat, data approval simulation, notifications and more.
More information about SAP Analytics Cloud: Exploring SAP Analytics Cloud | SAP Learning