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Effective Planning Requires More Than Just Your ERP

We live in an age driven by data and, for businesses, the ability to quickly and accurately process large data sets has changed from “nice to have” to “essential” in a relatively short time. It’s crucial for businesses to be able to process data from a variety of different sources from across their operations, regardless of the form that data comes in. Unfortunately for many companies, their ERP alone is not equipped for the task. It is important to find a tool that gives access to data from anywhere inside or outside the business that applies advanced analytics on top of the data. That way, even unstructured data such as text, predictive, spatial, time series, and event streams no longer pose a challenge. Instead, it can be easily harnessed to inform business decisions.

Read More at The Digitalist by SAP >