FEATURE: BUSINESS ANALYTICS
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Neil Herbert, Director:
Business Analytics at
SAP Africa, says that
analytics leads the way to
intelligent enterprises.
T
he success of any modern
enterprise can arguably be
ascribed to its ability to make
informed, accurate decisions
regarding changing business paradigms in
real time. From the shop floor to the top
floor, teams are increasingly relying on the
insights delivered by advanced analytics
solutions to power their decision-making
and ensure they effectively navigate the
complexities of doing business in this
exponential age.
Advances in technology enable enterprises
to blur the lines between formerly siloed
business and IT users. Data, the fuel that
drives every intelligent modern enterprise,
can now be consolidated, processed and
mined for insights through a combination
of Business Intelligence (BI), planning and
predictive analytics all built on a powerful
analytics platform. This provides all business
decision-makers with access to real-time
accurate business insights that drive
performance, improve operations, boost
revenue and powers high-performance
teams for competitive advantage.
And as processes increasingly migrate to
cloud environments, enterprises are gaining
unprecedented agility and flexibility in how
these insights are gathered, processed,
delivered and consumed.
The irreplaceable value of
accurate insights
Enterprises typically rely on Business
Intelligence solutions to eliminate
guesswork and improve the accuracy of their
decision-making processes. According to a
Forrester Consulting and SAP study, 92%
of companies with mature data, analytics
and BI practices have seen a revenue
growth of 15% or more over the past three
years. More than 80% of global survey
respondents found that a hybrid analytics
approach – one that combines on-premise
data and technology with cloud capabilities
– is an effective first step to enhancing the
effectiveness of the organisation’s overall BI
and analytics capabilities.
Global organisations are employing the
power of analytics to drive improvements
in every business function – even ones that
were traditionally slow to apply data-driven
insights and capabilities. This unlocks
immense productivity gains and improved
customer experience benefits across the
enterprise value chain.
European start-up Sablono has developed a
web and mobile application that manages,
documents, and oversees complex
construction and delivery management
processes that gives project managers access
to real-time information for the first time. By
ensuring detailed construction sequences are
kept on schedule, construction companies
can gain immense time and cost savings –
and enjoy a far happier customer base.
Singapore-based SaaS provider In Mind
Cloud has developed a solution for the
Analytics leads way to
‘intelligent enterprises’
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INTELLIGENTCIO
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