See Clearly Through Big Data
Deriving actionable insights — correlations, trends, outliers, etc. — in real time from terabytes of big data — operational, transactional, structured, unstructured — is vital to success for businesses of all sizes across all industries in today’s increasingly global, hyper-competitive, always-on, Internet-of-everything business world.
Businesses lacking the capability to effectively leverage big data are at a marked disadvantage. According to Gartner, most organizations are ill prepared to address both the technical and management challenges posed by big data, and as a direct result of this, few will be able to exploit big data for competitive advantage. Putting a finer point on this observation, Gartner predicts that through 2015, 85 percent of Fortune 500 organizations will be unable to exploit big data for competitive advantage
Given that the majority of organizations have invested significantly in core backend systems — ERP, EIM, EPM, CRM, SCM, HCM, etc. — and upstream tasks such as data capture, storage, and cleansing, it is reasonable to conclude that this big data impasse can in large part be attributed to systems integration complexity, analytics skills gap, and lack of proficiency with big data visualization tools — three fronts on which SAP has made great strides over the past few years.