Customers to Have “Single Source of Truth” of Key Business Performance Metrics for Succeeding in Today’s Digital Economy
SAP SE (NYSE: SAP) today announced the launch of the SAP® Digital Boardroom in India. The SAP Digital Boardroom is a planned breakthrough digital approach that aims to contextualize and simplify performance reporting across areas of business in real time. Built on the SAP® BusinessObjects Cloud solution, SAP Digital Boardroom is expected to utilize line-of-business data from the SAP S/4HANA suite and SAP HANA® Cloud Platform to provide a single source of truth about a company’s critical business metrics. This approach aims to help companies monitor and drive change in the digital economy.
“Technology is changing the rules of business and disruption is becoming the norm. As business leaders we need to absorb, understand and adapt with agility and speed to constantly changing circumstances,” said Deb Deep Sengupta, President & Managing Director, SAP Indian Subcontinent. “The SAP Digital Boardroom will enable an interactive board discussion, and give decision – makers a simplified boardroom process, by allowing board members to analyze large volumes of data, and identify business risks and opportunities in real-time..This is a true business advantage all C-Suite executives need in the fast-moving cloud economy.”
When required to make highly informed business decisions, board members, executives and decision-makers are often faced with separate reporting solutions that present data in a static, isolated way. SAP Digital Boardroom gives senior management and C-Suite executives access to business data and analytics, allowing them to gauge their company’s standing in the market as compared to their competitors. It aims to harmonize the view of company operations across all lines of business on multiple devices. This view enables users to understand the past, assist in predicting the future and helps in faster and better decision-making in today’s era of digital transformation.
SAP Digital Boardroom is designed to deliver multiple customer benefits including:
– Total transparency: Standards-based reporting on financials, operations, marketing and sales are based on a single source of the truth, delivered in real time, with no data duplication.
– Instant data-driven insights: Powerful analytical exploration functions use a simple user interface to address ad hoc questioning and support improved decision-making. Company executives can obtain comprehensive data-driven insights answering ad hoc questions and simulate the impact of “what-if” scenarios to financials and operations.
– Simplified Boardroom processes: The essential business intelligence embedded in the system provides better and faster reporting as it provides a holistic 360 degree view on the company’s business position in the market. An intuitive user interface enables natural interactions based on a single-screen experience. It is delivered through a modern touch-screen experience, whether using a projector, a laptop or a wearable device. Rich visualizations of live data eliminate static presentations. New collaboration features assign and track action items even outside of scheduled meetings.
Redefining Analytics in the Cloud and On Premise
Building on SAP’s commitment to deliver ongoing innovations to existing analytics solutions delivered on premise and in the cloud, SAP BusinessObjects Cloud solution represents a new software-as-a-service (SaaS) offering. It brings together all analytics features into one solution for a unique user experience.
Content from different business areas (e.g. Finance, Marketing, HR) can be aligned on a single semantic model within the SAP BusinessObjects Cloud – leveraging the core services. It can be directly connected to local SAP S/4HANA, SAP HANA, and SAP BusinessWarehouse platform content, or other data sources through either Smart Data Integration, or HANA Cloud Integration.