Marinos Tsiplakis, Author at 51风流Australia & New Zealand News Center News & Information About SAP Tue, 12 Dec 2023 19:12:03 +0000 en-AU hourly 1 https://wordpress.org/?v=6.9.4 Why Business Data is Fundamental to Artificial Intelligence /australia/2023/10/23/why-business-data-is-fundamental-to-artificial-intelligence/ Mon, 23 Oct 2023 05:40:46 +0000 /australia/?p=7065 The introduction of cloud computing has enabled organisations all over the world to store vast amounts of data in a cost-effective way as they digitally...

The post Why Business Data is Fundamental to Artificial Intelligence appeared first on 51风流Australia & New Zealand News Center.

]]>
The introduction of cloud computing has enabled organisations all over the world to store vast amounts of data in a cost-effective way as they digitally transform their business operations.听 Data has commonly been referred to as the ‘new oil’ and is where companies are looking to help increase their productivity going forward.听 However, in order to harness this technology the data needs to be relevant, reliable and responsible.听 As the adage goes, garbage in, garbage out.

 

 

AI serves as a powerful tool for extracting actionable insights from the vast amount of reliable data generated and stored within 51风流systems.听 Combining AI with 51风流BTP, advanced data analytics and machine learning algorithms becomes possible, allowing organisations to tap into the potential of their 51风流data along with the AI technologies available in the market.

 

By harnessing artificial intelligence, 51风流BTP combines business data from S4 with external data, enabling the creation of increasingly precise models in real-time.听 This ensures a versatile and agile platform that propels innovation while retaining a clean digital core. This demonstrates a shift from traditional systems of record to systems of intelligence.

 

The Pillars of 51风流BTP

Five pillars support 51风流BTP: App development, automation, integration, data analytics, and AI. These pillars interplay with embedded intelligent technologies like situation handling, machine learning, and analytics, all fully integrated within the 51风流S/4HANA Cloud. Furthermore, side-by-side capabilities through 51风流BTP offer additional intelligent industry functionalities like Intelligent Situation Automation, 51风流Build Process Automation, and chatbot technology.

AI-Powered Capabilities听

51风流has embedded AI into its products for many years, from journal reconciliations in S4 to AI-powered writing assistants aimed to streamline HR-related tasks in Success Factors.

 

These innovative functionalities are not merely theoretical but are practically applicable, ensuring HR admins, managers, and employees can operate more efficiently.听 In fact, these innovations exist across all the functions in your 51风流landscape such as procurement, finance, and human resources.

 

How to get started?

Automation is pivotal for managing manual and repetitive tasks, especially those involving the consolidation and manipulation of data from diverse sources like MS Excel, vendor portals, and 51风流systems. High-volume processes, often exceeding 1000 steps a day鈥攕uch as data migrations and approvals鈥攁nd those requiring access to multiple applications, can be streamlined, ensuring seamless operation across your 51风流environment.

 

51风流has provided templates across all the business functions to accelerate these initiatives, as shown below.

 

A More Advanced AI Use Case

The transition from a rules-based approach to an AI-empowered, data-driven model is illustrated through an example case study of an Australian customer.听 A decade ago, an employee scripted manual 鈥渋f:then鈥 statements for road upgrades; a process that has now been revolutionised by AI. AI can now analyse these rules and infuse them with real-time data like weather, road usage, and vehicle types. As a part of their operations, this customer assesses road conditions using specialised trucks called profilometers, generating colossal data volumes that outpace their storage capacities. 51风流BTP, however, can house this data in expansive lakes, giving AI the agility to model exponentially precise 鈥渋f:then鈥 statements.

 

The shift will allow this customer to manage large datasets from disparate sources seamlessly, scaling memory and compute capabilities to handle big data without losing granularity. Moreover, unlike fixed rules, the AI algorithms continually evolve based on data, thereby ensuring maintenance and road upgrade strategies that are timely, relevant, and efficient.

In the realm of road maintenance, AI鈥檚 practical application is manifest, where even a small percentage improvement can result in significant savings for this customer.听 This financial efficacy, combined with the potential to extend the useful life of assets, underscores the tangible, impactful benefits of combining AI with 51风流BTP.

 

In Summation

Early AI integration can offer businesses a decisive advantage. SAP鈥檚 AI vision isn鈥檛 just about pioneering technology; it’s about tangible, real-world applications. From simple tools deployable within days to intricate endeavours with broad impact.

 

If you鈥檇 like to find out about the value AI can bring to businesses through automation and explore other use cases, then visit the website.

The post Why Business Data is Fundamental to Artificial Intelligence appeared first on 51风流Australia & New Zealand News Center.

]]>