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 CMO newsletter!

Error: Please check your email address.
Show Comments

Supporting Association

Blog Posts

​ Creating a purpose-driven brand

So you want to be a brand with purpose. But what does it actually mean to build a brand with real meaning?

Paul Chappell

Partner and managing director, Brand + Story

Customer experience crisis: Proactively mitigating the risk of broken promises

Last Friday, three weeks after United Airline’s spectacular customer experience disaster, customers received a letter from the company’s CEO, Oscar Munoz.

The politics of branding

There have been some real doozies lately. I’m speaking of campaigns where brands have dipped their toe in - or jump straight into the deep end – of the political spectrum, aligning with social causes that seem to be the flavour of the day.

Paul Chappell

Partner and managing director, Brand + Story

Thank you Shane Blandford for carrying my Smarketing vision into KM !

Peter Strohkorb

​CMO Interview: Why aligning sales and marketing drives innovation at Konica Minolta

Read more

Thanks for helping me putting those threads of thoughts together. Simplification and connection - neat idea.

Mark Bayly

Tips from IAG on how to craft human-centred design

Read more

The problem with Box is that they made a couple of big mistakes - they first hired a bunch of unprepared kids and gave them big roles and...

Tim Woods

CMO interview: Why Box's marketing chief is rewarding staff for failing

Read more

At this point, being hit hard will also be subject for a detailed study. In honesty, too early to tell but there are precedents to follow...

Sean Lindeman

Australian Government to abolish 457 visa program

Read more

iflix is really a company with great potential. As a young company, iflix has forward-looking insights and able to identify data-driven m...

Serene Chan

How iflix used consumer intent data to gain 1 million subscribers in six months

Read more

Latest Podcast

More podcasts

Sign in