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Predictive Analytics
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Predictive Analytics

SAP Predictive Analytics
Predictive Analytics
Protiviti Perspective by Matthew Beachnau, Indianapolis

Body

Make Better Decision with Insight, Not Hindsight

Analyzing vast amounts of historical data to create accurate projections of future trends is no longer the sole purpose of data scientists and the academic elite. With SAP® Predictive Analytics, business owners can extract trends, predict outcomes and prepare for what’s to come. Protiviti helps companies leverage predictive techniques to identify untapped opportunities and expose hidden risks buried inside vast amounts of data. By making predictive insight available to everyone in the organization, our clients are empowered to make the right choices at the right time and shape their future in a positive way.
 
 

Common Use Cases for Predictive Analytics:

Forecasting
 
  • Demand/Sales forecasting
  • Performance forecasting
  • Physical event forecasting
Decision Support
 
  • Diagnosis of problems
  • Evaluation of risk
  • Raise alert to potential issues
Simulation
 
  • Predict impact/demand on system
  • Understand range of likely outcomes
Segmentation
 
  • Identify like groups
    of users
  • Product development targeting
Marketing/Product Acceptance
 
  • Optimize marketing spend where most effective
  • Determine which customers are best targets for sales staff
  • Identify products of interest to each customer

Our areas of expertise include:

SAP Predictive Analytics - Automated Analytics

The automated analytics interface within SAP® Predictive Analytics provides data analyst and data scientist with automated machine learning capabilities and can create predictive models without requiring data science experience. With SAP Predictive Analytics, this process is completely automated and puts the business user in charge. 

HANA Predictive Analysis Library 

The SAP HANA Predictive Analysis Library (PAL) is designed to take advantage of the ability of SAP HANA to host execution engines and perform local calculations in memory. PAL enables users to perform in-database data mining and statistical calculations with excellent performance on large data sets.
 

SAP Predictive Analytics - Expert Analytics 

Expert Analytics enables you to build predictive models to discover hidden insights and relationships in your data. It allows you to analyze data using different visualization techniques and offers a range of predictive algorithms which you can make predictions about future business decisions. 
 

SAP Predictive Analytics - Model Management 

Empower your business to optimize decisions and improve margins by deploying and embedding thousands of predictive data sets and models directly into business processes. SAP software with model management capabilities can help you scale and maintain performance and manage the predictive lifecycle.
 

Text Analytics 

With text search, text analysis and analytics features in SAP HANA or SAP Data Services, you now have a single platform to extract and analyze information from unstructured content and across large volumes of data.