How to Tap Into the Power of Modern Enterprise Analytics and Transform Your Business
To compete in today’s fast-paced business world, companies need to be able to make split-second decisions, quickly adapt to evolving customer demands and forecast accurately for successful long-term planning. But, these capabilities are only possible with intelligent data at the core of your company. And, to achieve intelligent data, you must be able to transform raw data into powerful insights that fuel the business. While the end goal is crystal clear, getting there isn’t so straightforward.
Being able to extract these business-changing insights starts with achieving a consolidated view into all of your data across the enterprise. This isn’t so much of a challenge for small businesses. But for mid-market and large enterprises that have volumes of data stored in myriad tools, architectures and environments, it’s a much different story. For these companies, obtaining and maintaining comprehensive visibility into all of their data is much more difficult—and a task that may seem too daunting to attempt. But, relying on only a subset of data can skew decision-making and lead to subpar results—leaving many larger companies at a crossroads. Fortunately, thanks to modern enterprise analytics solutions, they don’t have to stay at this impasse long.
With enterprise analytics, companies—regardless of size—can access, collect and consolidate data from all departments within the enterprise. Once this singular view is established, enterprise solutions also can help users analyze company data, pull out relevant insights and act on it. Gone are the days of jumping between spreadsheets and working with incomplete figures. Today, you can create reports of your data with a few clicks of the mouse, and then leverage advanced artificial intelligence, machine learning and natural language processing to transform this data into powerful insights that help you:
- Make Informed Decisions: A consolidated view of real-time data and actionable insights give you the confidence to make decisions that affect the entire enterprise.
- Make Accurate Predictions and Forecasts: With access to all of your data, you can remain certain that predictions and forecasts will result in more accurate outcomes, helping you better position your company for long-term success.
- Gain Transparent Visibility: With a full view of your operations, you can realign enterprise planning and operational processes as customer demand and business needs change.
With your data working for you in this way, you’ll be able to make more informed decisions that help you run your business more efficiently.
Enterprise Analytics In Action with SAP Analytics Cloud
To help you better understand the true value modern enterprise analytics solutions can bring to your business, here’s a real-world example.
Hallstar—a global chemical supplier and reseller with a focus on the industrial, beauty and personal care industries—wanted to find a better solution to connect and analyze volumes of disparate business data. Having previously partnered with Navisite to implement SAP S/4HANA as its core enterprise resource planning (ERP) system, Hallstar once again turned to Navisite for help solve. Navisite’s team of SAP experts recommended that the company build on its S/4HANA foundation by implementing SAP Analytics Cloud, which SAP describes as having “all the cloud analytics features you need—business intelligence (BI), augmented analytics, predictive analytics and enterprise planning—in a single solution.”
According to Chuck Redpath, director of IT at Hallstar, SAP Analytics Cloud helped put the key insights needed to make informed business decisions right at their fingertips.
“As our company became more global, we needed a tool that could provide a holistic view of our business. With our fresh deployment of SAP S/4HANA on a global scale and the promise of real-time replication and reporting of data through SAP Analytics Cloud, we felt this would be the perfect way to give our decision-makers the information they needed—quicker than ever before—to run the business.”
Navisite and Hallstar worked together to implement SAP Analytics Cloud with the goal to align disparate data across the enterprise and facilitate real-time data and up-to-date dashboard replication. Immediately, Hallstar experienced tremendous results, including greater business insights, quick reactivity to meet customer needs, improved reporting processes, and enhanced efficiency across the organization.
Want to learn more about how Hallstar is leveraging SAP Analytics Cloud to advance the business? Read the full case study here.
Harnessing the Power of Enterprise Analytics
Even with the proven business benefits modern enterprise analytics solutions like SAP Analytics Cloud can provide, moving forward with an implementation project can be difficult—especially, if you don’t have the skills in-house to take it on.
Navisite’s SAP Analytics Services are available to support your team and bring your vision to reality. With deep expertise across SAP’s most powerful data and analytics solutions, Navisite’s team of experts will help you develop a modern data architecture and tailored solution that fully optimizes how your users access, analyze and act on data to drive decision-making, predict outcomes and optimize enterprise planning. As a trusted partner, we’ll help you benefit from the SAP Analytics Cloud capabilities you need to build an innovative and responsive business with intelligent data at its core.
Contact us today to get started.