ai artificial intelligence abat [shutterstock: 1825096265, Andrey Suslov]
[shutterstock: 1825096265, Andrey Suslov]
Artificial Intelligence Blog

AI Makes Companies More Successful

The integration of AI technologies makes companies more successful. Here’s why.

Do you always have a full overview of your company and know when you can perfectly optimize which business activities? Companies are increasingly using IT systems for a wide variety of tasks, and a lot of data are collected in the process. Why not use these data positively to optimize business processes and improve operations?

This is where the use of artificial intelligence (AI) can help. After all, it is not always possible to keep track of all the information and interpret it in an ideal – or even correct – way. Supporting systems in the background combined with machine learning and artificial intelligence can partially automate many tasks.

Everything from a single source

There are many different AI solutions on the market to generate value for companies. However, which tool is the right one and will bring your company forward?

Let’s take a look at SAP’s solutions. These offer one major advantage: Everything comes from a single source. An S/4 system, for example, processes all tasks and stores the company data. Other systems, for example the SAP Analytics Cloud (SAC), the SAP Data Warehouse Cloud (DWC) or services from the Business Technology Platform (BTP), ensure that stored data do not remain unused and end up in the data archive, but are processed and add value to the company.

The use of these SAP products not only optimizes processes, but also reduces costs, increases productivity, and accelerates decision-making.

The explicit processing and enrichment of company data with other available information within a closed system leads to informed, real-time decision-making. An implementation of AI algorithms automates these tasks and learns over time how to compare data. This makes it possible to make reliable predictions while ensuring data protection and regulatory compliance – especially when processing a lot of corporate data.

The use of AI, especially in the evaluation of corporate data, therefore increases efficiency and thus strengthens the competitive position. Live data evaluations using the SAP Analytics Cloud, for example, mean that the latest company figures are always displayed in easy-to-access dashboards. This leads to faster insights into corporate events and consequently to shorter reaction times for decision-making.

New ideas

Artificial intelligence is not rocket science! AI and its use have advanced more and more in recent years. Existing software-as-a-service models help with the use of AI algorithms in companies without having to reinvent the wheel.

In addition, professional advice and support before and during the deployment of artificial intelligence lead many companies to overcome the fear of finally implementing such solutions. To this end, the Business Technology Platform provides many out-of-the-box functionalities and ensures that AI can be used as a driving force to create competitive opportunities.

Source:
E-3 Magazine June 2022 (German)

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