In this exclusive report by Hillary Bliss, take a walk into the world of the SAP suite of predictive tools with an in-depth tour of the new SAP Predictive Analytics 2.0 and how it ties into SAP HANA and SAP Lumira. Learn the importance of general predictive modeling concepts, and then apply those concepts as part of a bigger discussion about the architecture and features of SAP Predictive Analytics. Finally, get an early peek at what’s coming for SAP’s predictive tools in the near future.
Reading this article you will learn about:
- The generic predictive modeling process
- SAP Predictive Analytics 2.0 modeling engines
- How Expert Analytics integrates with SAP Lumira and SAP HANA
- How these tools are expected to evolve
A predictive model is an equation, algorithm, or set of rules used to predict an outcome based on input data. Predictive models can simply be a set of business rules based on past observations, but to develop more accurate and statistically rigorous predictions, statistical algorithms for developing the predictive equation are often used.
SAP Predictive Analysis, a precursor to SAP Predictive Analytics Expert Analytics, was introduced to the SAP BusinessObjects BI suite in 2012 and introduced new functionality to the existing BusinessObjects toolset. Expert Analytics extends the visual intelligence offerings of SAP Lumira to include new predictive functionality powered by both open source R and SAP-written algorithms. Automated Analytics (formerly known as KXEN) was acquired by SAP in September of 2013 and has a loyal user base for its user-friendly but powerful predictive tool.
In this detailed special report, I first provide an overview of the generic predictive modeling process before going into details about the SAP Predictive Analytics 2.0 modeling engines and the software’s features and functionality. I also look at how Expert Analytics integrates with SAP Lumira and SAP HANA and how these tools are expected to evolve and converge in 2015 and beyond.
This article is an update to Hillary’s previous article, “An Introduction to SAP Predictive Analysis and How It Integrates with SAP HANA,” which was posted in June 2013.