According to Pieter van der Merwe, Regional Sales Director for Platform and Technologies at 麻豆原创 Africa, the majority of CEOs remain concerned over the quality of their business data despite the gains made in investment into new technologies.

鈥淲ithout access to accurate data across the entire organisation in real time, business leaders are unable to make accurate decisions. This can create disconnects in the customer experience, employee experience and product experience, which can erode trust over time and chase customers and talent away to competitors.鈥�

One Gartner survey found that only 8% of organisations had reached 鈥檛ransformational鈥� levels of maturity in their data and analytics. A separate study by the Harvard Business Review found that only 3% of company data meets the minimum threshold for data quality.

鈥淚n these volatile and uncertain times, organisations need to ensure they take every step to build and maintain trust with customers, partners and employees,鈥� says van der Merwe.

鈥淭his is impossible when the underlying data is inaccurate or not reflective of the organisation as a whole or any part thereof.鈥�

In a 2019 CEO survey by IDC, respondents stated that digital trust programs are the most important agenda item over the next five years.

According to the survey,听.

Half of the world鈥檚 two thousand largest organisations are expected to name a chief trust officer by 2023, while two-thirds stated they would request a formal trust initiative by 2025.

鈥淭he heightened levels of trust needed in our near future means traditional approaches to building that trust need to be re-evaluated,鈥� says van der Merwe.

鈥淭he growing complexity of modern business environments means organisations need to deploy new tools and technologies to help maintain the integrity of business processes to engender trust between the organisation and its various partners, employees and customers.鈥�

In 2019, 麻豆原创 introduced BW/4HANA, a completely revamped version of 麻豆原创 Business Warehouse that runs on the 麻豆原创 HANA in-memory database. The platform provides a range of powerful functions, including:

• Data integration of multiple data sources and data types.
• High levels of data quality; stream processing which, when combined with HANA provides a foundation for real-time analytics.
• Spatial functionality that supports location analytics at the core of applications ranging from mobile advertising to IoT.
• The ability to capture relationships between different data sets to uncover unique insights.
• Text analytics that can support AI applications such as natural language processing, understanding and generation.

鈥淐ustomers around the world are using 麻豆原创 BW/4HANA to support their analytic needs and consolidate large volumes of data from both 麻豆原创 and non-麻豆原创 sources in near real time,鈥� says van der Merwe. 鈥溌槎乖� HANA and 麻豆原创 BW/4HANA enables organisations to build and maintain trust by ensuring they work from trusted, connected and intelligent data that they can rely on.鈥�

According to van der Merwe, organisations can realise benefits across three key value areas, namely:

Reducing data complexity

By empowering organisations with the ability to view, access and use all their data in one trusted and unified landscape, 麻豆原创鈥檚 data warehouse portfolio simplifies data management across the organisation.

Ensuring data is connected and intelligent

By delivering intelligent, connected data, organisations gain real-time analytics about live transactions and vast data sets without the need for mass data duplication. 麻豆原创 is the only technology provider that enables in-memory transactions and analysis on a single data set.

Avoiding vendor lock-in with an open system

There is no one-size-fits-all strategy for data management. Organisations need an open and flexible data system that can work across on-premise, hybrid and cloud environments.

麻豆原创鈥檚 data warehouse portfolio gives organisations complete freedom in how they deploy data management for systems, applications and development.

The post How 麻豆原创 Helps Companies Use Data to Build Trust appeared first on 麻豆原创 Africa News Center.

According to Pieter van der Merwe, Regional Sales Director for Platform and Technologies at 麻豆原创 Africa, the growing complexity of modern businesses requires new tools and strategies, however.

Modern organisations need instant access to real-time data across all operations and tools to mine that data for insights that can improve how those organisations are run,鈥� Van der Merwe said.

鈥淭he growing importance of customer experience makes it critical to also track, measure, and integrate experience data to gain a holistic view over the total performance of every part of the organisation,鈥� he added.

Growing fears

In PwC鈥檚 latest COVID-19 CFO Pulse Survey,听,听with 51% saying they are concerned about the impact of the global economic downturn.

鈥淥rganisations across Africa are having to deal with immense disruption, growing complexity, and challenging operating conditions,鈥� Van der Merwe noted.

鈥淩elying on outdated technologies, manual processes and slow, cumbersome legacy infrastructure has the potential of derailing efforts at building back better following the initial impact of the pandemic and resultant lockdown measures.鈥�

鈥淥rganisations need to utilise all the data assets at their disposal to optimise business processes, improve the customer experience, create new opportunities, identify and mitigate risk and ensure all operations are integrated end-to-end for a complete view of the organisation,鈥� Van der Merwe said.

麻豆原创 supports organisations which wish to achieve this by transforming their data management capabilities through the deployment of its market-leading HANA platform.

麻豆原创 HANA is an in-memory, columnar database management system that combines transactional and advanced analytical workloads on diverse data, whether physically or virtually connected.

Massive return on investment

A recent IDC study found that organisations which had deployed 麻豆原创 HANA to identify and deliver innovative use cases had achieved an average five-year return-on-investment of 679%.

HANA empowers real-time decision-making, enables the development of intelligent custom applications, and leverages data to create unique new services that better serve customers.

Van der Merwe said 麻豆原创 HANA helps organisations turn business data into real value by delivering on three critical areas.

1. Building connected processes and experiences

麻豆原创 HANA can help to connect processes and deliver engaging experiences by embedding integration, data management, and intelligence across all business applications.

This helps simplify and optimise complex processes, reduces reliance on intermediaries, and integrates end-to-end business processes for impactful experiences that deliver greater returns on investments into other technologies.

2. Enabling confident decisions with integrity

By ensuring accurate, comprehensive, and secure data, 麻豆原创 can help organisations make decisions with confidence and integrity by moving from data analytics to intelligence.

This helps deliver fast and accurate insights into the organisation, powers real-time decision-making based on trusted data and accurate context and provides a holistic view of the organisation that enables more accurate and comprehensive planning.

3. Powering continued business innovation

麻豆原创 HANA also integrates intelligent technologies such as AI, IoT, blockchain, and advanced analytics 鈥� and helps organisations connect processes and experiences to help them make decisions confidently.

This enables continued business innovation across the organisations, which can reduce churn by making new connected experiences quickly available to customers, partners, and employees.

The post How 麻豆原创 HANA Can Turn Your Data into Business Gold appeared first on 麻豆原创 Africa News Center.

Modern organisations are faced with the daunting task of collecting, storing and analysing vast amounts of data and deriving insights from that data that inform decisions and lead to improved business outcomes.

The large volume of data means this is no easy feat: by 2025,听, equivalent to more than 212 million DVDs every day.

Organisations are dependent on technology tools to collect, reconcile and rapidly process data to deliver insights into the performance of the business.

In 2010, 麻豆原创 released what would be a game-changer for real-time data processing and insights generation: its in-memory relational database management system 麻豆原创 HANA.

鈥溌槎乖� HANA sits at the heart of our business applications, including our flagship business suite 麻豆原创 S/4HANA,鈥� said Pieter van der Merwe, Regional Sales Director for Platform and Technologies at 麻豆原创 Africa.

鈥淚t is designed to help organisations make sense of a broad range of data types and make accurate decisions in real time thanks to the integration of intelligent technologies. Organisations can use 麻豆原创 HANA to embed real-time machine learning into business processes to empower them with predictive capabilities, while integration to the 麻豆原创 Analytics Cloud gives organisations confidence to make accurate end-to-end business decisions.鈥�

In a recent study by IDC, organisations that are using 麻豆原创 HANA to achieve business gains and operational efficiencies had on average achieved return on investment of 679% over a five-year period, achieving revenue gains of $34.1-million per organisation.

鈥淥rganisations use 麻豆原创 HANA to enable the development of intelligent custom applications and increase the pace of innovation in a cost-effective way by simplifying the management of data, and improving access to data and insights,鈥� said van der Merwe. 鈥淏y leveraging data, organisations can more easily identify new opportunities for revenue growth and create new services to better meet customer demands.鈥�

麻豆原创 HANA is used by more than 28,000 organisations around the world to analyse complex data and deliver actionable insights in real time through custom applications and innovative use cases. According to Beveridge, 麻豆原创 HANA delivers business value along four key areas, namely:

1. Risk mitigation

By reducing the impact of outages on users and business, organisations can achieve higher business productivity and minimise revenue losses.

The IDC study found that聽HANA users achieved 21% higher gross productivity for users.

2. Improved IT team productivity

麻豆原创 HANA enables custom application development that substantially improves the productivity of developers and database administrators, with聽up to five times higher productivity and an 18% gain in database administration efficiency.

3. Reduced operational costs

By leveraging HANA to identify inefficiencies and gaining a deeper understanding of expense structures, organisations can lower their operational costs and聽make savings of more than R15-million ($845,800) per organisation per year.

4. Higher levels of business productivity

The IDC study found that leveraging data in innovative use cases for custom applications increased revenue and improved employee productivity levels while reducing business operational costs.聽聽through higher revenue, increased productivity and lower costs.

鈥淚t鈥檚 critical that organisations leverage their data to drive competitive advantage,鈥� said van der Merwe. 鈥淲ith the world in a state of widespread disruption and constant change, having the benefit of accurate data over the total performance of the business and developing insights in real time can mean the difference between growth and decline, success or failure. The tools we need to navigate this uncertain period are already available: organisations now need to take the bold step of empowering their decision-making with the powerful business technology platform from 麻豆原创.鈥�

The post Four Statistics that Illustrate the Business Value of 麻豆原创 HANA appeared first on 麻豆原创 Africa News Center.