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Modern Data Warehousing in SAP Data Hub and BW/4 HANA
21 August 2018
A traditional warehousing solution and analysis tool can no longer compete with the current and future areas of business intelligence and big data. SAP now offering modern solutions such as SAP BW/4 Hana and SAP data hub. To enable digital innovations in companies and form a way to data-driven companies a central data platform needed in which information regarding the company will be stored in a particular form serving as a single point for data. Many companies are mostly putting a lot of efforts in digitalizing the projects in order to be able to offer their customers with new, attractive services and products in the future, and be competitive to other companies. Many of these companies will initiate in the field of digitalizing are particularly data-driven. It may be forecasting the sales data based on the post-sales figure, evaluation of sensor data from machines in order to carry out maintenance in time to reduce downtime and corresponding market data to improve strategic decision making. All the initiative will have a thing in common that is a stable and powerful data management infrastructure. With the modern data warehouse solution BW/4 HANA and the data management platform SAP data hub as part […]
How SAP Plans to Grow in 2018?
6 March 2018
SAP has no doubt much interesting plans for the coming future, which will see more of the workloads thus moving to the cloud and also there is increased competition across the multiple areas of the enterprise application world. We live in a competitive world and business augmentation is given much priority and SAP applications are in much vogue for better business and profits. Every year efforts are made to improve upon SAP strategies in order to influence the business market. Business growth is very important for overall national development and naturally, businessmen are always on the lookout for improved business opportunities. In this context 2018 is indeed a vital year and SAP is also planning to continue to move forward and in fact, has done so positively by 2017 financial results as well as a big acquisition. One is expecting much in this year as far as development in SAP is concerned. In 2010, bold ambitions were set for SAP. The focus was on a global business software market leader approach and plans were also to reinvent the database industry. SAP has been able to convert acquisitions into fast organic based growth stories on a rather global basis. In 2018, […]
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 […]
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