SAP EPM Big Data Use Cases

  • by Andrew Joo, EPM Leader for North America, SAP Business Analytics Center of Excellence, IBM Global Business Services
  • March 6, 2014
This article explores the concept of using Enterprise Performance Management—EPM—to drive big data use cases, primarily focused on integrated strategic, financial, and operational reporting, and analytic capabilities. These big data use cases demonstrate both the business and technical value necessary to justify investments in big data platforms such as SAP HANA.
Learning Objectives

Reading this article, you will learn about how an integrated Enterprise Performance Management (EPM) paradigm drives big data use cases, including:

  • Expediting financial-close processes by enabling real-time planning, forecasting, and consolidations
  • Real-time integration of a company’s strategic, financial, and operational information
  • Real-time customer and product profitability
  • Real-time customer relationship management to achieve a single view of the customer
  • Real-time predictive analytic capabilities
Key Concept
Enterprise Performance Management (EPM) can be a very confusing discipline with many names, including Corporate Performance Management (CPM), Business Performance Management (BPM), and Total Performance Management (TPM). For the purposes of this article, EPM can best be described as the integration of enterprise strategy, finance and operations domains, and disciplines to enable closed loop and actionable decision-making capabilities within an organization.

Enterprise Performance Management (EPM) means different things to different people in different industries. To whom you speak can also greatly influence this perspective. If you speak with someone from the Business Intelligence (BI) world, they will tell you it’s just BI. If you speak to someone from the Budgeting and Planning area, to them EPM is mainly budgeting and planning. Similarly, someone from Personnel would say its human capital management. The reality is that EPM encompasses those disciplines and many more. A short list of EPM subjects would easily include any or all of the following shown in Figure 1.


Figure 1
EPM definitions by discipline

Andrew Joo

Andrew Joo is the Enterprise Performance Management (EPM) leader for North America within the SAP Business Analytics Center of Excellence at IBM Global Business Services. He has more than 16 years of deep strategy, financial, cost, management, and technology consulting experience, encompassing leading industry firms (Big 4, system integrators) and a multitude of technologies (SAP, Microsoft, Oracle), industries (private and public sector), processes and methodologies (PMI, Agile, SDLC), and roles (functional and technical). In addition to serving as a thought leader and subject matter expert in the field of financial advisory, EPM, BI, and Information Management disciplines, he has been integral in project delivery, practice development, business development, and industry and community outreach efforts. He has pioneered unique methodologies and go-to-market solutions using an integrated EPM (EPM-BPC) and BI paradigm. The aforementioned have been featured in key industry events and publications, including SAP Sapphire and SAPinsider’s Financials and Reporting & Analytics conferences. He holds an MBA in strategy/marketing from Rice University, an MS in management information systems, and a Bachelor’s in finance. He is the author of 100 Things You Should Know about SAP NetWeaver BW, full of time-saving tips and tricks and step-by-step instruction.

See more by this author


Comments

No comments have been submitted on this article. 


Please log in to post a comment.

To learn more about subscription access to premium content, click here.