Not just cost savings or improved decision-making, businesses can benefit thoroughly Analytics-as-a-Service in the form of multiple applications at different levels. Let’s explore a few applications:
1. Small Businesses Benefiting from Big Data
Many small business owners are of the belief that Big Data requires large investments with more data requirements. This might sound true for large multinationals, but not the case for small companies. With Analytics-as-a-Service solution, every small business owner will be in a position to deploy cloud-based Hadoop cluster, integrate all their customer data while combining it to get valuable insights. You can get more insights on customer sentiment, customer purchase behaviour, and marketing campaign effectiveness. All these insights can change the overall marketing activities while increasing revenue.
2. A Single View of Your Healthcare Organization
Many healthcare organisations would require an array of info that gets stored in siloed databses across various organisation. It could be clinical data, patient data, finance data or supplier data, the healthcare department can benefit invariently. This is where Analytics-as-Service becomes more useful. When you store your data under well-trusted public cloud vendors such as Microsoft, you can expect more security and compliance processes. This can help you predict the operational performances well.
3. Predictive Maintenance for the Transportation Industry
While transport businesses are dealing with a number of vehicles, they have to keep track of the costs driven by a truck. If it isn’t bringing any profit, it can harm your business. Hence many transportation companies have started monitoring their fleet through predictive maintenance. To deal with truck maintenance and management, they might be dealing with engine sensors or GPS. Through this, you can get scores of information on how well the driver is driving, the destination of your truck and fuel price at various locations. You can access wide range of data through cloud as well, excluding those high upfront payment.
With an effective Cloud ERP system, you will be able to get the maximum benefits out of Analytics-as-a-Service and Business transformation.
Why SAP Analytics Cloud
SAP Analytics Cloud is known as that one simple cloud solution connecting all the information, people, and ideas. With artificial intelligence in place, you can get a paramount solution complying to the latest data protection and security practices.
With iQuantM as your SAP partner in UK, you can expect your business to skyrocket to the next level. Contact us for more details.