SAP brings advanced analytics to a broad spectrum of users

WALLDORF, GERMANY: Nearly 95 percent of organizations report an increase in the volume of data they have been dealing with over the last 12 months and 75 percent 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 announcing the availability of the SAP InfiniteInsight solution. Based on 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."

While 78 percent of businesses agree that investments in predictive analytics will be a priority over the next five years, only 29 percent say they are using predictive analytics today. Of the organizations currently using predictive tools, 94 percent see a positive impact. SAP InfiniteInsight is designed to bring greater insight to more people by extending the power of predictive analytics from data scientists to line-of-business users.

"We are excited that our leading predictive analytics solutions are now available to SAP customers bundled with predictive and visualization capabilities," said John Ball, CEO, KXEN. "We feel that we are in a unique market position to offer unmatched analytics breadth and depth in the marketplace and leveraging the real-time Big Data capabilities of SAP HANA can deliver predictive solutions easily consumed by the business and which provide tremendous value."

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. The solution can extend existing capabilities by automating key modeling and analytical tasks and enabling faster deployment and adoption to a broad spectrum of users across the enterprise and helping to enhance the value of core industry solutions and line-of-business applications from SAP.

SAP InfiniteInsight also leverages the power of in-memory analytics capabilities of SAP HANA to help customers make faster, more informed decisions.