SAP has announced the availability of the SAP InfiniteInsight solution, based on patented automation technology from KXEN, which SAP acquired in September. SAP InfiniteInsight also leverages the power of in-memory analytics capabilities of SAP HANA to help customers make faster, more informed decisions.
SAP InfiniteInsight is designed to bring greater insight to more people by extending the power of predictive analytics from data scientists to line-of-business users. Capabilities of SAP InfiniteInsight include the following:
- Analytical data sets: With the explorer feature, power users define a broad set of reusable business components, called analytical records, that are designed to be applied over and over again to automatically create the analytical data sets used for predictive modeling.
- Accurate models: The modeler feature automates the building of sophisticated predictive models for every data mining function and helps users get to the right algorithm for their business problem.
- Actionable scores: The scorer feature can deploy optimized scoring equations directly in database to SAP HANA and other major database platforms. Because predictive scores often feed into complex business rules and decision engines, open interfaces support integration to enterprise applications like call centers or Web sites.
- Peak performance: With the factory capability, business users will be able to schedule model refreshes as often as needed by the business.
"As data rapidly expands, more and more companies are finding competitive advantage by combining advanced analytics and business intelligence to capture, analyze and predict trends," said Shekhar Iyer, global vice president of business intelligence and predictive analytics at SAP, in a statement. "Our research shows companies need new ideas and tools in order to capitalize on their data. We constantly hear that the lack of skilled resources, high total cost of ownership, and the manual iterative approach that existing legacy solutions have are all challenges for broader adoption. Put simply, the old approach is not working. SAP InfiniteInsight, along with our existing advanced analytics capabilities, provides a platform to help analyze business in real time and provide predictive insight across the enterprise by integrating predictive insight into applications, processes and decision-making."
"We are excited that our leading predictive analytics solutions are now available to SAP customers bundled with predictive and visualization capabilities," said John Ball, CEO of KXEN, in a statement. "We feel that we are in a unique market position to offer unmatched analytics breadth and depth in the marketplace and leveraging the real-time big data capabilities of SAP HANA can deliver predictive solutions easily consumed by the business and which provide tremendous value."
SAP InfiniteInsight is available as a bundle with SAP Predictive Analysis software, which gives line-of-business users and analysts the ability to acquire and manipulate data as well as to visualize results with embedded SAP Lumira software.