Collecting massive amounts of data in your organization is one thing. Extracting insight from that data and using it to drive real growth is another. Business analytics from SAP can help you to simplify, innovate and accelerate by delivering enterprise business intelligence, agile visualizations, and advanced predictive analytics to all users – on any device or platform.
Reporting and analysis are often used as interchangeable terms or almost synonyms. While both draw upon the same collected data, reporting and analysis are very different in terms of their purpose, tasks, outputs, delivery, and value:
Most companies have reporting and analytics solutions in place to gain business transparency and to derive greater value for their organizations. The ultimate goal is to add value – increase sales and reduce costs. Both reporting and analysis play roles in influencing and driving the actions which lead to greater value in organizations, they only have the opportunity of being valuable if they are acted upon.
Qnovate has developed a framework which helps to drive business execution to the next level by analyzing, predicting, and running your business in real-time. Discover and execute on innovations that create value for your organization. Usethe insight gained as the basis foryour action across the organization, closing the gap between transactions, data preparation, analysis, and action.