Data as a strategic asset in the digital era

Today, businesses generate unprecedented amounts of data, customer interactions and sales transactions to operational processes and sensor readings. Still less than 10% of organizations Use their skills directed by the mirrors. This represents a massive unused potential.

Many businesses try to turn this data into active knowledge, preventing their ability to improve efficiency, personalize client experiences and promote growth. This detachment between data volume and active penetration is a critical challenge in the modern business landscape. The good news is that new data solutions are emerging to help businesses finally unlock the hidden potential within their data.

The hidden tax of data complexity

This problem comes from having complex and distributed data management. The data live in different silos with different teams using different tools, inheritance systems that coexist with cloud applications and valuable information spread across different platforms. Poor quality data the costs of organizations On average $ 12.9 million a year.

This fragmentation creates a “hidden tax” for organizations, manifesting in several ways:

  • Request for changing the continuous data model
  • Numerous copies of the same data leading to confusion
  • Reliable data models
  • Slow access, directed by request to information.

All this adds to more than just lost efficiency. It leads to lost opportunities.

A unified platform: the foundation for the future

The solution lies on a unified platform that consolidates all information and provides the tools and infrastructure needed to collect, clean, convert and organize data into usable products. This approach is essential to survival in our data -driven world. McKinsey’s vision for Enterprise run by 2030 data It paints a picture of a future where “Ubiquity Data” or the widespread data presence is the norm.

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Here is SAP Business Data Cloud enters. The SAP business data cloud is a single software platform like Ervice that unifies your data and analytics needs and centralizes data from SAP and non-SAP sources into a unified semantic layer, unlocking a new dimension of knowledge, advanced analytics, and his abilities.

At the core of this unified approach is a concept that can be visualized as a central center of “harmonized data”. This center acts as the heart of the unified data platform, fueled by different voices representing different data sources: traditional enterprise applications, Saas solutions and lakes.

The platform uses a combination of cloud -based tools and a strong “Lake House” architecture to bring all this different information together. This allows businesses to store all their raw data while also organizing them for specific analytical needs.

The main features include:

  • Data Integration: Linking to different data sources.
  • Data Governance: Data securing is correct and stable.
  • Data modeling: Creating a common meaning of data.
  • Data Transformation: Cleaning and preparing data for analysis.
  • Analytics and he: Providing tools for visualization, reporting and advanced analytics. SAP BDC also has ready -made reports through Insight applications.

This platform aims to create a unified view of data throughout the organization. It centralizes the data in a unified semantic layer, unlocking new knowledge and enabling advanced analytics skills and it. This approach simplifies data management and transforms how businesses use their information assets.

Critically, the integration of SAP Databricks within the SAP BDC provides a powerful engine for advanced data engineering and machine learning. Databricks skills, combined with the Unified BDC Data Foundation, enable organizations to build sophisticated models of it and generate deeper knowledge, accelerating the journey from raw data to action intelligence.

Data as a strategic asset in the digital era

The benefits of this type of data management are important. Retail sellers can combine online sales and within stores with loyalty data for a true view of the customer value, enabling personalized and inventory offers. Manufacturers can combine sensor and production data to predict equipment failures, optimize maintenance and reduce loss time. Financial firms acquire a unified client view, offering personalized tips, adapted investments and proactive detection of fraud. These are just a few examples of how a unified data platform can turn businesses, turning data from a source distributed into a powerful engine for strategic decision -making.

From reactive data to directed data

CLIVE HUST The assertion that “data is new oil” remains important today. Like oil, data requires perfection to be useful. Organizations that successfully implement comprehensive, unified data strategies will guide the more and more data -driven business landscape.

A unified data management approach unlocks the full business information potential. Solutions like SAP Business Data Cloud illustrate this approach, providing a unified platform for data and analytics needs. Such platforms strengthen organizations in:

  • Make better decisions, informed by data
  • Improving operational efficiency
  • Promote a greater innovation

By embracing this unified strategy, businesses are positioned to flourish in the next era of enterprise management. Those who own the refining and use of data will gain a significant competitive advantage in the evolutionary business landscape.

Learn more about SAP Business Unleashed here.

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