As the digital landscape continues to evolve, Data has become the new currency. Enterprises are increasingly recognizing the importance of real-time access to business-critical data in achieving true digital transformation. This sentiment reverberated strongly in yesterday’s SAP Data Unleashed 2024 event, leaving participants buzzing with inspiration and fresh perspectives.

The event highlighted the latest innovations and partnerships aimed at empowering organizations to harness the full potential of their data. Participants were buzzing with inspiration and fresh perspectives as they explored the future of AI, data, and planning. Imagine a world where everyone in your organization, regardless of technical background, can explore data, ask questions, and glean actionable insights. This is the future SAP has envisioned – a future empowered by “AI & analytics.” Business users across departments will be able to analyze data relevant to their roles, fostering a culture of data-driven decision-making at all levels.

SAP Data Unleashed 2024 Event Highlights

SAP Data Unleashed 2024 Event Highlights

Access to business-critical data must be seamless for enterprises, regardless of its location across processes, applications, and technology. In 2023, SAP and its open data partners introduced the business data fabric architecture to deliver meaningful data—with business context and logic intact(in other words Data’s DNA)— to every data consumer. This architecture allows the organization to seamlessly connect and integrate data from any source enabling all users within your organization to access insights wherever the data resides. 

Just like last year, SAP Data Unleashed 2024 was a hub of insights and innovations. We were particularly impressed by the focus on practical applications, providing attendees with tangible strategies to leverage data and AI for business benefits. Case studies showcased successful implementations, offering a clear roadmap for navigating the technological landscape.

One of the key highlights was the emphasis on unified data management with SAP Datasphere. SAP Datasphere provides a unified approach to data management, just like a data warehouse in the cloud including integration, modeling, and consumption. It enables organizations to streamline their data processes while addressing various organizational data-related issues and deriving valuable insights.

 Juergen Mueller, CTO and Member of the Executive Board at SAP highlighted concrete case studies during the event, demonstrating successful implementation of data concepts for tangible results. Additionally, sessions explored the integration of SAP Datasphere with SAP Analytics Cloud (SAC), enhancing data-driven decision-making. This integration enables cross-organizational planning, data-driven simulations, and generative AI, empowering businesses to anticipate market trends and drive efficiency.

SAP Data Unleashed 2024 reaffirmed our company’s direction, emphasizing actionable insights. Real-world case studies demonstrated AI integration into ERP systems and data analytics for customer behavior understanding. These discussions validated our efforts, providing a sense of shared purpose.

Dive deeper into the world of data with John “JG” Chirapurath. Discover the key takeaways from SAP Data Unleashed 2024!

Unified Data Management with SAC & SAP Datasphere

Unified Data Management with SAC & SAP Datasphere

With its ease of deployment and operation, SAP Datasphere is breaking new ground in the field of data warehousing. Based on the SAP Business Technology Platform (BTP) and powered by SAP HANA DSP offers an end-to-end service for data virtualization, data integration, data cataloging, semantic modeling, data warehousing, and data federation. It comes pre-loaded with standard business content for quick deployment and acts as a bridge between data sources and users. It supports various integration methods for data from different environments, offering flexibility and scalability. Additionally, it provides robust metadata management and data lineage capabilities for ensuring data quality and understanding data dependencies. When combined with SAP Data Intelligence, it enables the integration of heterogeneous data for more advanced scenarios.

Combined with SAP Analytics Cloud (SAC), DSP offers businesses a powerful tool to gather, understand, and analyze critical data. With numerous data sources and complex integrations, managing and processing data can be challenging, leading to errors and delays. However, the seamless integration of SAP Datasphere and SAP Analytics Cloud simplifies this process. Users can easily access and analyze data, create customized reports, and get instant insights through SAP AI Copilot. This integration ensures accurate, real-time data visualization and analysis, making data management more efficient and user-friendly.

How Does SAP Datasphere Address Some Important Organizational Data-Related Issues?

  • Accelerated Insights with Ready-to-use Business Content: SAP Datasphere, coupled with SAP Analytics Cloud, offers 250+ business content packages crafted by industry experts. These packages include prebuilt dashboards, data models, and views, streamlining data centralization and preserving business context across various industries and business functions.
  • Reduced Storage Costs & Improved Performance: Cost-effective storage solutions with superior performance through its relational column-oriented data lake engine, ideal for managing large data volumes efficiently and optimizing performance.
  • Preserving Business Context: In data projects, 80% of the time is often spent recreating lost context, especially from databases. SAP Datasphere avoids this and preserves business context by leveraging over 6000 Core Data Services (CSD) for meaningful data extraction and integration.
  • Flexible Data Integration & Federated Data Access: It enables the integration of data from any source or environment for comprehensive insights for strategic decision-making. Plus with SAP Datasphere, you can leverage Data Federation and Data Replication for consistent governance and data sharing across your organization. It allows remote data access without upfront movement and supports various data ingestion approaches for integration needs.
  • Holistic Insights: DSP utilizes generative AI for predictive analysis and SAP HANA Cloud to unify data sources, enabling businesses to gain comprehensive insights, drive strategic actions, and enhance operational efficiency.
  • Transformative Planning: Integration with SAP Analytics Cloud facilitates cross-organizational planning and data-driven simulations, empowering businesses to anticipate market trends and optimize resource allocation.
  • Reduced Security Configuration Effort: SAP Datasphere simplifies security setup for new systems. By reusing existing security concepts, it saves time and effort. You can access data federated from the source system using a technical user, or import analysis authorizations from SAP BW systems for seamless data access controls.
  • AI Governance: It offers an enterprise-wide data catalog, facilitating easier access and understanding of data artifacts for business users. It enables crawling, profiling, classification, and organization of data, supporting better data discovery and exploration. This comprehensive catalog includes metadata, data lineage, glossary, and classifications while ensuring the quality, security, and compliance of data and AI assets, fostering trust in AI-driven decision-making.

The Importance of Ethical Data Management and Security Governance

The Importance of Ethical Data Management and Security Governance

While the event showcased the dazzling future of data, AI, and planning with innovations like SAC, SAP Datasphere, and generative AI, it also sparked a discussion about Ethical Data Management and Security Governance. In today’s data-driven world, one cannot overlook the importance of ethical data practices. 

Ethical data management involves responsible handling, processing, and sharing of data. It’s about ensuring data privacy, transparency, and accountability. More than just compliance—it’s about building trust with customers and stakeholders. On the other hand, security governance focuses on implementing policies, procedures, and controls to protect data from unauthorized access, breaches, and cyber threats. Together, these practices form the foundation of a trustworthy and sustainable data strategy for any organization.

At Crave InfoTech, we understand the importance of ethical data management and security governance in today’s digital landscape. Our tailored services are crafted to elevate your data journey, providing a clear vision and roadmaps through our data strategy advisory. As one of the few SAP-certified Migration Factory partners, we ensure seamless transitions and peak performance in your cloud, hybrid, and on-prem data platform migration. From strategic advisory to platform assessment—we provide comprehensive solutions with a robust data governance framework that guarantees ethical practices, ensuring your data is in safe hands.

Enrich Your Data-Driven Journey with Crave InfoTech

Over the last few years, we’ve seen a trend toward the increasing democratization of data modeling and analytics. The unified approach to data management, analytics, and AI governance equips future-ready enterprises with unprecedented insights, driving innovation and sustainable growth. Yet many organizations are still struggling with disparate data sources, siloed systems, and fragmented insights, limiting their ability to make informed decisions. SAP Datasphere, along with SAP Analytics Cloud (SAC), addresses these challenges by seamlessly integrating data from across the enterprise, enabling holistic insights that drive strategic action. Customers leveraging SAC combined with SAP Datasphere have reported significant improvements in decision-making agility, operational efficiency, and competitive advantage.

Crave InfoTech, with deep expertise in data management, analytics, and generative AI, is well-equipped to address today’s businesses’ complex challenges. Our award-winning products, available on the SAP App Store, empower organizations to enrich their data-driven journey by offering advanced capabilities for enhanced data management and security, helping them achieve their data-driven goals.

Intelligent Ecological Balance Reporting and Analysis

Built on BTP our sustainability solution goes beyond traditional reporting. It offers comprehensive organizational carbon footprint analysis and reporting capabilities, enabling businesses to set and achieve sustainable goals, assess current conditions, and monitor real-time performance. Integrating with SAP S/4HANA empowers businesses for long-term sustainability with zero emissions, waste, and inequality ambitions.

Intelligent Ecological Balance

Benefits and Features of Intelligent Ecological Balance Reporting and Analysis Dashboard:

  • All-in-one solution for sustainability measuring reporting and analysis
  • Visualize data for better understanding and communicate its performance to stakeholders
  • Gain real-time insights into your carbon footprint across all business verticals at any time
  • Customized KPIs, including Carbon Footprint Tracking, Environmental Impact Assessment, Scenario Planning, and Resource Consumption Analysis
  • Track key metrics for ecological balance.
  • Make informed decisions to reduce environmental footprint.
  • Ensure compliance with environmental regulations.
  • Enhance sustainability efforts with data-driven strategies.

Explore the Crave Ecological Balance Reporting and Analysis on the SAP Store.

Crave Cloud ALM Intelligent Insights & Automation Suite (CALM) 

CALM offers advanced capabilities for enhanced application lifecycle management, seamlessly integrating with SAP S/4HANA, SAP Datasphere, and SAP Analytics Cloud. It provides a holistic view of your data landscape, enabling you to streamline processes, optimize resources, and drive efficiency across your operations.

CALM | Crave Infotech

Benefits and Features of CALM:

  • Gain enhanced visibility to monitor and manage SAP applications effectively.
  • Make informed decisions with real-time insights and meaningful reports.
  • Streamline business processes for improved data accuracy and efficiency.
  • Seamlessly integrates with MS Teams, email, and Chat GPT for improved communication and collaboration.
  • Empowers with advanced analytics and reporting.
  • Extends SAP application functionality with custom applications.

Explore the Crave Cloud ALM Intelligent Insights & Automation Suite on the SAP Store.

Crave Intelligent Customer Segmentation Reporting and Analysis

This Hack2build winner solution optimizes business strategies by seamlessly integrating customer data with SAP Analytics Cloud and SAP Datasphere. It enhances decision-making with advanced analytics, ensuring targeted marketing efforts, improved product development, and proactive responses through real-time data processing and predictive analytics.

Intelligent Customer Segmentation Reporting and Analysis | Crave Infotech

Benefits and Features of  Intelligent Customer Segmentation Solution:

  • Reduce churn by understanding customer preferences and addressing concerns.
  • Increase sales through targeted marketing and refined product development.
  • Enhance customer understanding by effectively analyzing segmented data.
  • Utilize potent analytics tools in SAP Datasphere to craft customer segmentation.
  • Create interactive dashboards and reports with SAP Analytics Cloud reporting.
  • Efficiently handle streaming data in SAP Datasphere, providing insights.

Explore the Crave Intelligent Customer Segmentation Reporting and Analysis on the SAP Store.

Looking Forward, Together

As we reflect on the future of data, AI, and planning unfolded before our eyes from SAP Data Unleashed 2024, it’s clear that the future is now. It ignited a spark, a shared sense of anticipation for the boundless data-driven possibilities that lie ahead of us. We at Crave InfoTech, share the same spirit.  

The future holds immense potential, but navigating this uncharted territory requires a trusted partner. More than just a solutions provider you need your data-driven partner. We’ll walk alongside you, from envisioning your data strategy to implementing innovative solutions, ensuring you not only keep up but thrive in the digital age.

Don’t just keep up with the digital age—thrive in it. Contact us today to unlock the power of data and embark on your data-driven journey with confidence. 

Request a Demo of our offerings!

LinkedIn Usergroup invite | Crave Infotech

2 comments on this post

Leave a Reply

Your email address will not be published. Required fields are marked *