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Price Optimization with SAP Predictive Analytics
20 April 2018
Organizations do make use of the accessibility of a powerful optimization algorithm rather quickly as well as easily. SAP analytics have an important role to play in business operations and price optimization is indeed a major aspect of business growth and development. Input Data The focus is on the best price each of the respective products.The aspects taken into consideration are the product name (or SKU identifier), the current annual volume that has been sold and current existing price of the product as well as the current profit margin. Some of the products are indeed presently unprofitable (as per evidence by the negative profit margin), so management would like to re-set prices for next year to ensure that: 1.) No product has, in fact, a price increase or decrease of over 10% 2.) Any product that is rather currently unprofitable has a minimum price that would break-even for profit 3.) Overall, given the same volumes as this year, total revenue will increase by 2-4% Visualizations After importing the dataset one can build some of the basic visualizations in order to help understand the current product mix. The stacked bar charts to show how much revenue as well as profit each […]
Why HANA is the right Platform for Applications in the Cloud ?
30 April 2018
HANA is considered to be an ideal platform for applications in the cloud. It consists of certain unique features and is a good choice for software service. This also applies to SERP on HEC, which are the business network applications, the customer as well as partner applications on HCP as well as many new services from the startups. Applications are offered as a service promise on an instant availability, easy configuration, elasticity that grows from 5 to 500 users, continuous improvement, and connectivity too many other cloud services, guaranteed service level, a hassle-free operation at the lower costs. The service provider has to cope up with these challenges by building the applications in the right way that really focus on ease of its use, choosing the hardware and the system software carefully, keeping the above-mentioned goals in mind. The services in the respective SAP Cloud also vary from marketplace (business network) applications such as ARIBA, Fieldglass, and Concur to enterprise-specific applications like SERP, B1, BYD or even Success Factors. The given underlying database has to in fact handle the large data sets and many smaller ones at a low cost and rather good performance. HANA is accepted as an in-memory […]
SAP Medical Research Insights
8 February 2018
Much focus is upon the activities of those people who are very innovative as well as inventive in schools, companies, clubs, research institutes, initiatives, as well as associations. This year the competition is focused on digitalization under the slogans of Urban Space, Rural Space and Cyberspace“. Its main aim is also to position Germany as the “Land of Ideas”: open to the world, imaginative, innovative as well successful. What aspects are involved? Personalized medicine, is individually tailored to the patient’s treatment, and is considered one of the future’s fundamentally changing trends in the medical field. New diagnostic options and methods such as genome sequencing or new imaging techniques have led to complex data sets stored in heterogeneous IT landscapes. Researchers also do need to make use of such increasingly accumulating data in sets to create newer hypotheses and also validate them, but they also do need to ensure an efficient transfer of new research results into better treatment options for patients, which will eventually save lives. What there is to know more about SAP Medical Research Insights? At this interface between research and treatment, SAP Medical Research Insights come into play. Tumor diseases, innovative developed in partnership innovation center network, […]
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