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Predictive Analytics and Machine Learning: Powering the Intelligent Enterprise

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This infographic is based on a study conducted by Forrester Consulting on behalf of SAP titled, “Powering the Intelligent Enterprise with AI, Machine Learning, and Predictive Analytics,” August 2018. The thought-leadership study can be downloaded at http://www.sap.com/paml.

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Predictive Analytics and Machine Learning: Powering the Intelligent Enterprise

  1. 1. AI technologies such as predictive analytics and machine learning (PAML) will become embedded in both back-office and customer-facing applications. That’s according to a Forrester survey of more than 350 global decision-makers involved in PAML and enterprise applications. PAML is on the rise. Believe PAML is integral to the ongoing success of their business 93% Say PAML is needed to drive efficiency in both enterprise and customer-facing applications 91% “[There is] a key opportunity for companies to utilize prebuilt solutions from technology partners, enabling them to implement PAML capabilities without traditional data-science expertise.” Decision-makers agree: The future will be powered by PAML. A new Forrester study finds that artificial intelligence (AI) will infuse tomorrow’s successful businesses. But challenges remain. Say internal teams struggle to meet the demand for PAML 64% Are concerned over new data privacy and compliance regulations 55% Worry about the complexity of deploying and managing PAML in production applications 48% Predict AI technologies such as ML will infuse next-generation enterprise applications 88% Say PAML is key to building more personalized customer experiences 93% Expect their investment in PAML to grow in the next 12 months 82% “Companies can also explore data management platforms to help manage data and queries across all cloud types (local, private, and public) and to help ensure real-time data protection and privacy for GDPR,* given present security concerns.” “Businesses must become more productive by embracing a new generation of PAML solutions that offer automation and enable non–data scientists to be more engaged with data.” Predictive Analytics and Machine Learning Powering the Intelligent Enterprise *General Data Protection Regulation Studio SAP | 60067enUS (18/09) © 2018 SAP SE or an SAP affiliate company. All rights reserved. See how your peers are approaching PAML. Access the complete Forrester study now at sap.com/paml. Source: “Powering the Intelligent Enterprise with AI, Machine Learning, and Predictive Analytics,” Forrester Consulting, commissioned by SAP, August 2018.

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