Companies that effectively exploit their data can predict market trends, improve customer experiences and stimulate innovation. In this way, data is the secret ingredient of commercial success.
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In today’s digital economy, data explodes in volume, such as an overflowing pantry filled with various ingredients. Each interaction, transaction and digital imprint adds new flavors to the mixture. But just as raw ingredients must be prepared and skillfully combined to create a gastronomic dish, data require the right tools and the approach to transform them into a strategic asset.
According to McKinsey, Companies have always relied on structured data to stimulate operations and decision -making, such as SKUs, transactions, financial files and product specifications. However, this structured data represent only 10% of their total available data. The remaining 90% consists of unstructured data, such as emails, cat newspapers, multimedia, customer opinions and other rich sources which, so far, have been largely unexploited. Thanks to the progress of the generative AI, companies can now unlock this vast draft unstructured data, in particular when integrating existing data sources to create a more complete and more dynamic image.
The ability to capture, structure and use this information changes the situation. Companies that effectively exploit their data can predict market trends, improve customer experiences and stimulate innovation. In this way, data is the secret ingredient of commercial success. However, exploiting the richness of commercial data and managing its complexity was anything but simple.
So far.
SAP Business Data Cloud: unifying data, unlocking information
SAP Business Data Cloud arrived to help companies make their data work for them. As a software solution as a service (SaaS), SAP Business Data Cloud provides a single platform that unifies business data and is perfectly integrated with existing systems. By harmonizing the data of the SAP platform as well as non-SAP sources in a unified semantic layer, SAP Business Data Cloud allows organizations to access a largely larger and richer data set, all in one place .
Beyond accessibility, SAP Business Data Cloud also improves the quality of the data by preserving the commercial context from various sources, ensuring that the information remains relevant and usable. It reduces the complexity of data management by providing pipelines of data between SAP and other data platforms as well as automation means to transfer data. It breaks down the data silos by transparent disparate systems in a transparent way and ensuring interoperability between several data sources. It rationalizes information in a coherent and structured format and harmonized data throughout the data landscape, which facilitates companies to derive significant information.
This approach does not only simplify data management, but also unlocks powerful new information to allow advanced analyzes and AI capabilities, which leads to more intelligent decision -making and commercial transformation.
Smarter decisions and greater benefits: the impact of the SAP commercial data cloud
The impact of the Cloud SAP Business Data on companies is deep. By considerably increasing data quality, companies can make better more informed decisions that ultimately lead to an increase in income. According to several analyst reports, organizations lose millions per year due to poor data quality. Despite this, 59% of organizations do not even measure the quality of the data, leaving them vulnerable to ineffectiveness and missed opportunities.
In the booming age of business AI, high quality data is essential. AI models are based on precise and well structured data to generate significant information. Without quality data, AI -focused recommendations can be defective, leading to erroneous strategies and loss of income. By taking advantage of the unified data approach to SAP Business Data Cloud, companies can transform the loss of income from bad decision -making into profitable opportunities fueled by IA -oriented ideas.
Companies can use high -quality customer data to personalize marketing strategies, increasing customer commitment and sales. They can optimize predictive analysis supply chains, reduce costs and improve efficiency. They can even improve safety and governance by integrating structured and unstructured data sources for a more complete risk assessment. With better quality and data management, the potential for transforming operations, obtaining a competitive advantage and unlocking new growth opportunities is unlimited.
The future is brilliant with SAP Business Data Cloud
In a world where data continue to grow in complexity and volume, SAP Business Data Cloud is a vital solution for companies that seek to exploit their full potential. By breaking down the silos, improving data quality and allowing the advanced AI, SAP Business Data Cloud capacities authorizes organizations to make smarter decisions and stimulate transformative growth.
So, if you are looking to use this overflowing data guard, SAP Business Data Cloud is the secret ingredient to unlock your business’s real potential. High quality data and effective data management are not only operational necessities. They are the essential foundation of commercial success, you, you and your business, in the future, a single part of data at a time.