SAP brings new analytics tools to companies large and small

Updated predictive capabilities target IoT and big data

A data visualization created by SAP's Lumira Edge
A data visualization created by SAP's Lumira Edge
  • A data visualization created by SAP's Lumira Edge
  • A data visualization created by SAP's Lumira Edge
  • A data visualization created by SAP's Lumira Edge
View all images

A bumper crop of new analytics tools has arrived for business users over the past few weeks, and on Tuesday SAP rolled out two fresh examples. Both promising simplicity and usability for non-experts, SAP Predictive Analytics 2.0 offers updated capabilities for enterprises seeking insight into large volumes of data such as from the Internet of Things, while a new Edge edition of SAP's Lumira tool targets small and medium-size businesses with data-discovery features.

Combining the functionality of SAP's predictive-analysis software with its InfiniteInsight suite of analytics tools, Predictive Analytics 2.0 aims to help organizations uncover trends and patterns in massive stores of data.

"The growth of data sources and sensors and the increased demand for actionable insights mandate broader access to predictive analytics," said Clemens Praendl, senior vice president and general manager for analytics at SAP. "SAP Predictive Analytics is designed to help bridge the skills gap by placing complex predictive capabilities in the hands of many more users."

With new features for data preparation, visualization, scoring, data modeling and network analysis, the software is designed to enable users to predict and act in real time instead of relying on batch processes. Potential applications include fraud detection, risk mitigation, revenue optimization and customer retention, SAP said.

The new Edge edition of SAP's Lumira data-visualization tool set, meanwhile, offers quick installation and the ability to create, view, modify and share compelling visualizations within the browser.

User-management services included with the tool are designed to help provide better control and more secure data visualization and administration.

Both Predictive Analytics 2.0 and SAP Lumira's Edge edition are now generally available. Pricing was not immediately available.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Show Comments

Latest Videos

More Videos

looking for the best quality of SMM Panel ( Social Media Marketing Panel ) is a website where People Buy Social Media Services Such as Fa...

Kavin kyzal

How to manage social media during Covid-19

Read more

Thank you for sharing your knowledge. Definitely bookmarked for future reading! Check this website https://a2designlab.com/ with lots of ...

Pierce Fabreverg

Study: Gen Z are huge opportunity for brands

Read more

Thanks for sharing. You might want to check this website https://lagimcardgame.com/. An up and coming strategic card game wherein the cha...

Pierce Fabreverg

Board games distributor partners with Deliveroo in business strategy pivot

Read more

Such an important campaign, dyslexia certainly need more awareness. Amazing to see the work Code Read is doing. On the same note we are a...

Hugo

New campaign aims to build understanding around scope and impact of dyslexia

Read more

Great Job on this article! It demonstrates how much creativity, strategy and effort actually goes to produce such unique logo and brandin...

Pierce Fabreverg

Does your brand need a personality review? - Brand vision - CMO Australia

Read more

Blog Posts

A few behavioural economics lesson to get your brand on top of the travel list

Understanding the core principles of Behavioural Economics will give players in the travel industry a major competitive advantage when restrictions lift and travellers begin to book again. And there are a few insights in here for the rest of the marketing community, too.

Dan Monheit

Co-founder, Hardhat

Predicting the Future: Marketing science or marketing myth?

Unicorns, the Sunken City of Atlantis, Zeus: They are very famous. So famous in fact, that we often think twice about whether they are real or not. Sometimes if we talk about something widely enough, and for long enough, even the strangest fiction can seem like fact. But ultimately it is still fiction - stories we make up and tell ourselves over and over until we believe.

Kathy Benson

Chief client officer, Ipsos

Winning means losing in the game of customer retention

At a time of uncertainty and economic hardship, customer retention takes on much greater importance. CX Lavender’s Linda O’Grady examines the big grey area between ‘all’ and ‘best’ customers when deciding who is worth fighting for and how.

Linda O'Grady

Data Strategy Partner & Business Partner, CX Lavender

Sign in