SAP's latest software finds new prospects from Big Data in real time

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

 

Intending to provide real-time foresight for better decision-making to statisticians and business users, SAP(NYSE:SAP) has announced new enhancements to its predictive analytics software. The decision-makers will be able to identify quickly the untapped opportunities and respond to the unforeseen risks with the help of this new software.

Forrester Research has ranked the predictive analysis software as a leader in its report, “The Forrester Wave: Big Data Predictive Analytics Solutions, Q1 2013”.The SAP software is designed to deliver a complete data discovery, visualization and predictive analytics solution designed to extend current analytics capabilities and skillsets. It is an intuitive experience with enough power for data scientists to conduct sophisticated analysis using big data, yet simple enough to allow business analysts to conduct forward-looking analysis using departmental data.

SAP has reported that the latest version of SAP Predictive Analysis delivers tighter integration with SAP Lumira software for model visualization and business user empowerment. Combined with predictive analytics library (PAL), the analysis software helps businesses to come up with the best possible outcome in a few seconds.

Steve Lucas, Executive Vice-President & General Manager, Analytics and Database & Technology, SAP, said, “Launched last year, SAP Predictive Analysis is a transformational offering that has already been recognized as a market-leading solution in the big data predictive analytics space, thanks to the real-time insight capabilities of theSAP HANA platform. SAP is committed to helping customers.....See More