  {"id":7065,"date":"2023-10-23T15:40:46","date_gmt":"2023-10-23T05:40:46","guid":{"rendered":"https:\/\/news.sap.com\/australia\/?p=7065"},"modified":"2023-12-13T05:12:03","modified_gmt":"2023-12-12T19:12:03","slug":"why-business-data-is-fundamental-to-artificial-intelligence","status":"publish","type":"post","link":"https:\/\/news.sap.com\/australia\/2023\/10\/23\/why-business-data-is-fundamental-to-artificial-intelligence\/","title":{"rendered":"Why Business Data is Fundamental to Artificial Intelligence"},"content":{"rendered":"<p>The introduction of cloud computing has enabled organisations all over the world to store vast amounts of data in a cost-effective way as they digitally transform their business operations.\u00a0 Data has commonly been referred to as the &#8216;new oil&#8217; and is where companies are looking to help increase their productivity going forward.\u00a0 However, in order to harness this technology the data needs to be relevant, reliable and responsible.\u00a0 As the adage goes, garbage in, garbage out.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-7067 aligncenter\" src=\"https:\/\/news.sap.com\/australia\/files\/2023\/10\/23\/Picture1-300x156.png\" alt=\"\" width=\"421\" height=\"219\" srcset=\"https:\/\/news.sap.com\/australia\/files\/2023\/10\/23\/Picture1-300x156.png 300w, https:\/\/news.sap.com\/australia\/files\/2023\/10\/23\/Picture1.png 602w\" sizes=\"auto, (max-width: 421px) 100vw, 421px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>AI serves as a powerful tool for extracting actionable insights from the vast amount of reliable data generated and stored within 麻豆原创 systems.\u00a0 Combining AI with 麻豆原创 BTP, advanced data analytics and machine learning algorithms becomes possible, allowing organisations to tap into the potential of their 麻豆原创 data along with the AI technologies available in the market.<\/p>\n<p>&nbsp;<\/p>\n<p>By harnessing artificial intelligence, 麻豆原创 BTP combines business data from S4 with external data, enabling the creation of increasingly precise models in real-time.\u00a0 This ensures a versatile and agile platform that propels innovation while retaining a clean digital core. This demonstrates a shift from traditional systems of record to systems of intelligence.<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>The Pillars of 麻豆原创 BTP<\/strong><\/h4>\n<p>Five pillars support 麻豆原创 BTP: App development, automation, integration, data analytics, and AI. These pillars interplay with embedded intelligent technologies like situation handling, machine learning, and analytics, all fully integrated within the 麻豆原创 S\/4HANA Cloud. Furthermore, side-by-side capabilities through 麻豆原创 BTP offer additional intelligent industry functionalities like Intelligent Situation Automation, 麻豆原创 Build Process Automation, and chatbot technology.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<h4><strong>AI-Powered Capabilities\u00a0<\/strong><\/h4>\n<p>麻豆原创 has embedded AI into its products for many years, from journal reconciliations in S4 to AI-powered writing assistants aimed to streamline HR-related tasks in Success Factors.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-7070 aligncenter\" src=\"https:\/\/news.sap.com\/australia\/files\/2023\/10\/23\/Picture2-300x157.png\" alt=\"\" width=\"376\" height=\"197\" srcset=\"https:\/\/news.sap.com\/australia\/files\/2023\/10\/23\/Picture2-300x157.png 300w, https:\/\/news.sap.com\/australia\/files\/2023\/10\/23\/Picture2.png 602w\" sizes=\"auto, (max-width: 376px) 100vw, 376px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>These innovative functionalities are not merely theoretical but are practically applicable, ensuring HR admins, managers, and employees can operate more efficiently.\u00a0 In fact, these innovations exist across all the functions in your 麻豆原创 landscape such as procurement, finance, and human resources.<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>How to get started?<\/strong><\/h4>\n<p>Automation is pivotal for managing manual and repetitive tasks, especially those involving the consolidation and manipulation of data from diverse sources like MS Excel, vendor portals, and 麻豆原创 systems. High-volume processes, often exceeding 1000 steps a day\u2014such as data migrations and approvals\u2014and those requiring access to multiple applications, can be streamlined, ensuring seamless operation across your 麻豆原创 environment.<\/p>\n<p>&nbsp;<\/p>\n<p>麻豆原创 has provided templates across all the business functions to accelerate these initiatives, as shown below.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-7069 aligncenter\" src=\"https:\/\/news.sap.com\/australia\/files\/2023\/10\/23\/Picture3-300x123.png\" alt=\"\" width=\"361\" height=\"148\" srcset=\"https:\/\/news.sap.com\/australia\/files\/2023\/10\/23\/Picture3-300x123.png 300w, https:\/\/news.sap.com\/australia\/files\/2023\/10\/23\/Picture3.png 602w\" sizes=\"auto, (max-width: 361px) 100vw, 361px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h4><strong>A More Advanced AI Use Case<\/strong><\/h4>\n<p>The transition from a rules-based approach to an AI-empowered, data-driven model is illustrated through an example case study of an Australian customer.\u00a0 A decade ago, an employee scripted manual \u201cif:then\u201d statements for road upgrades; a process that has now been revolutionised by AI. AI can now analyse these rules and infuse them with real-time data like weather, road usage, and vehicle types. As a part of their operations, this customer assesses road conditions using specialised trucks called profilometers, generating colossal data volumes that outpace their storage capacities. 麻豆原创 BTP, however, can house this data in expansive lakes, giving AI the agility to model exponentially precise \u201cif:then\u201d statements.<\/p>\n<p>&nbsp;<\/p>\n<p>The shift will allow this customer to manage large datasets from disparate sources seamlessly, scaling memory and compute capabilities to handle big data without losing granularity. Moreover, unlike fixed rules, the AI algorithms continually evolve based on data, thereby ensuring maintenance and road upgrade strategies that are timely, relevant, and efficient.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-7068 aligncenter\" src=\"https:\/\/news.sap.com\/australia\/files\/2023\/10\/23\/Picture4-300x141.png\" alt=\"\" width=\"362\" height=\"170\" srcset=\"https:\/\/news.sap.com\/australia\/files\/2023\/10\/23\/Picture4-300x141.png 300w, https:\/\/news.sap.com\/australia\/files\/2023\/10\/23\/Picture4-768x361.png 768w, https:\/\/news.sap.com\/australia\/files\/2023\/10\/23\/Picture4.png 903w\" sizes=\"auto, (max-width: 362px) 100vw, 362px\" \/><\/p>\n<p>In the realm of road maintenance, AI\u2019s practical application is manifest, where even a small percentage improvement can result in significant savings for this customer.\u00a0 This financial efficacy, combined with the potential to extend the useful life of assets, underscores the tangible, impactful benefits of combining AI with 麻豆原创 BTP.<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>In Summation<\/strong><\/h4>\n<p>Early AI integration can offer businesses a decisive advantage. 麻豆原创\u2019s AI vision isn\u2019t just about pioneering technology; it&#8217;s about tangible, real-world applications. From simple tools deployable within days to intricate endeavours with broad impact.<\/p>\n<p>&nbsp;<\/p>\n<p>If you\u2019d like to find out about the value AI can bring to businesses through automation and explore other use cases, then <strong>visit the <\/strong><a href=\"https:\/\/www.sap.com\/australia\/products\/artificial-intelligence.html\"><strong>麻豆原创 Business AI<\/strong><\/a> website.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The introduction of cloud computing has enabled organisations all over the world to store vast amounts of data in a cost-effective way as they digitally&#8230;<\/p>\n","protected":false},"author":4676,"featured_media":7066,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5565390,5565391],"tags":[5561033,5564774,5565187],"sapn-display":[5565403,5565404,60294],"sapn-type":[5560547],"class_list":["post-7065","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-technology-platform","category-technology","tag-artificial-intelligence","tag-business-technology-platform","tag-sap-business-technology-platform","sapn-display-feature-hero","sapn-display-feature-spotlight","sapn-display-hero","sapn-type-feature"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Why Business Data is Fundamental to Artificial Intelligence - 麻豆原创 Australia &amp; New Zealand News Center<\/title>\n<meta name=\"description\" content=\"The introduction of cloud computing has enabled organisations all over the world to store vast amounts of data in a cost-effective way as they digitally transform their business operations.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.sap.com\/australia\/2023\/10\/23\/why-business-data-is-fundamental-to-artificial-intelligence\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Business Data is Fundamental to Artificial Intelligence\" \/>\n<meta property=\"og:description\" content=\"The introduction of cloud computing has enabled organisations all over the world to store vast amounts of data in a cost-effective way as they digitally transform their business operations.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.sap.com\/australia\/2023\/10\/23\/why-business-data-is-fundamental-to-artificial-intelligence\/\" \/>\n<meta property=\"og:site_name\" content=\"麻豆原创 Australia &amp; 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