SAP Analytics Cloud: Unlock the Power of AI for Accurate Projections
December 29, 2023
SAP Analytics Cloud: Unlock the Power of AI for Accurate Projections
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with SAP Analytics Cloud
As a sponsoring editor, one of my job roles entails analyzing sales data to make financial projections for products in my portfolio. SAP Analytics Cloud helps make forecasts in my business proposals using real world data for accurate projections. It also helps me predict financial outcomes based on decisions taken, as well as create budgets keeping in mind the financials of the department as a whole. As a cloud-based product, I also appreciate that it works seamlessly while I collaborate with colleagues around the world.
- It uses machine learning to reveal patterns and relationships in data to help make accurate projections.
- It can support a lot of users which is vital in companies that require input across departments to make financial plans.
- It works seamlessly over the cloud.
- It lacks customization features, so it can't be tailored to a company's specific needs.
- It is highly dependent on other SAP products to unlock its full potential.
- For first-time users, its environment can get a bit confusing.
- SAP Analytics Cloud helped me make revenue projections for my 2023 portfolio which were around accurate 90 per cent of the time.
- I was able to collaborate with a team of over 35 people from around the world in real-time seamlessly using the product.
- The accuracy of the budgets made using SAP Analytics Cloud was over 80 per cent.
- Cloud Solutions
- Scalability
The single most important factor behind the purchase of SAP Analytics Cloud was that it was a cloud based solution and that it could support thousands of users effortlessly. For large companies, this is vital because they need to work across departments and across time-zones to come up with accurate financial projections.
Do you think SAP Analytics Cloud delivers good value for the price?
Yes
Are you happy with SAP Analytics Cloud's feature set?
Yes
Did SAP Analytics Cloud live up to sales and marketing promises?
I wasn't involved with the selection/purchase process
Did implementation of SAP Analytics Cloud go as expected?
I wasn't involved with the implementation phase
Would you buy SAP Analytics Cloud again?
Yes