Reinvent Your Business: Turn Opportunities Hidden in Your Data into Real Results Infographic
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Source All data points referenced in this infographic can be found in “Predict the Future of Predictive Analytics,” Loudhouse Consultancy, December 2013. Reinvent Your Business: Turn Opportunities Hidden in Your Data into Real Results What can predictive analytics do for your business? In today’s volatile, globalized economy, it can help you transform it. You can use your business data to anticipate future trends. And by empowering people across your company and network, you can seize every opportunity to reduce risk and grow. How can SAP help you gain a competitive advantage with predictive analytics? Find out by visiting www.sap.com/predict-and-me. With the rapid growth of data across the globe, the potential opportunity for predictive analytics has never been greater. 90% of the world’s data has been generated in the last 2 years. 92% of companies have seen an increase in their organization’s data volumes in the last 12 months. Yet, companies report that there are significant obstacles to overcome. 47% identified huge volumes of data. 44% identified disparate data locations. 42% identified a lack of time and resources. 40% identified a need for specialized skills. Companies that are using predictive analytics are not regretting the effort used to overcome those hurdles. +84% can predict customer needs and market trends more accurately. 77% have gained a competitive advantage. 85% report a positive impact on their business. They report significant benefits in key lines of business. 46% in sales organizations 44% in finance departments 42% in marketing areas 68% believe predictive analytics should be driven by the business as a whole. 61% consider improvements in future business performance to be a key benefit. Most companies see the potential of predictive analytics as an enterprise-wide resource. To get there, companies want to train their people and invest in more intuitive technology. 84% would like workforce training on interpreting and applying predictive analytics in day- to-day business activities. 75% want to hire an analytics specialist to help simplify the use of predictive analytics software. 69% view specialist support as a necessary requirement over the long term. That’s why companies are making predictive analytics an investment priority. 61% have prioritized predictive analytics as a current investment need. 74% believe it will be an investment priority in their organization within 5 years. 53% expect to see positive impacts of a predictive analytics solution within 6–9 months after deployment. Studio SAP | 30367enUS (14/05) © 2014 SAP AG or an SAP affiliate company. All rights reserved.
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http://spr.ly/predict-and-me - What can predictive analytics do for your business? In today’s volatile, globalized economy, it can help you transform it. You can use your business data to anticipate future trends. And by empowering people across your company and network, you can seize every opportunity to reduce risk and grow.
Transcript of Reinvent Your Business: Turn Opportunities Hidden in Your Data into Real Results Infographic
SourceAll data points referenced in this infographic can be found in “Predict the Future of Predictive Analytics,” Loudhouse Consultancy, December 2013.
Reinvent Your Business: Turn Opportunities Hidden in Your Data into Real ResultsWhat can predictive analytics do for your business? In today’s volatile, globalized economy, it can help you transform it. You can use your business data to anticipate future trends. And by empowering people across your company and network, you can seize every opportunity to reduce risk and grow.
How can SAP help you gain a competitive advantage with predictive analytics?Find out by visiting www.sap.com/predict-and-me.
With the rapid growth of data across the globe, the potential opportunity for predictive analytics has never been greater.
90%of the world’s data has been generated in the last 2 years. 92% of companies have seen an
increase in their organization’s data volumes in the last 12 months.
Yet, companies report that there are significant obstacles to overcome.
47%identified huge
volumes of data.
44%identified disparate
data locations.
42%identified a lack of time
and resources.
40%identified a need for
specialized skills.
Companies that are using predictive analytics are not regretting the effort used to overcome those hurdles.
+84%can predict customer needs and market trends more accurately.
77%have gained a competitive advantage.
85%report a positive impact
on their business.
They report significant benefits in key lines of business.
46% in sales organizations 44% in finance departments 42% in marketing areas
68%believe predictive analytics should be driven by the business as a whole.
61%consider improvements in future business performance to be a key benefit.
Most companies see the potential of predictive analytics as an enterprise-wide resource.
To get there, companies want to train their people and invest in more intuitive technology.
84%would like workforce training on interpreting and applying predictive analytics in day-to-day business activities.
75%want to hire an analytics specialist to help simplify the use of predictive analytics software.
69%view specialist support as a necessary requirement over the long term.
That’s why companies are making predictive analytics an investment priority.
61%have prioritized predictive analytics as a current investment need.
74%believe it will be an investment priority in their organization within 5 years.
53%expect to see positive impacts of a predictive analytics solution within 6–9 months after deployment.
Studio SAP | 30367enUS (14/05) © 2014 SAP AG or an SAP affiliate company. All rights reserved.
