Companies, even those in the SMB tier, are increasingly guided in their decisions by data, aware how its proper use enables them to improve processes and services, tailoring them to the real needs of customers. However, information collection often occurs compulsively, and a very low percentage of it returns as real value to companies. For this to happen, advanced tools and platforms are needed that are capable of scalably handling huge amounts of data, for example, from manufacturing contexts such as industrial IoT, which can achieve levels of accuracy in real-time monitoring that were unthinkable only a few years ago.

In this context, SAP BusinessObjects comes into play by enabling companies to put a value on this data through Business Intelligence that is increasingly timely, effective and calibrated to real business needs.

Why is business intelligence important?

Before answering this question, let’s clarify what we are referring to when we talk about business intelligence. In the most straightforward definition, we refer to tools and techniques that enable companies to make better decisions, take informed actions, and implement more efficient business processes, based on data. This is a particularly relevant trend in recent years. As early as 2020, according to a  Forbes survey., business intelligence was considered very important or even critical by 54 percent of enterprise-sized companies. Tools such as SAP BusinessObjects allow enterprises to approach these tools in a straightforward and integrated manner, building on the data the enterprise already collects, or is prepared to collect, through the SAP infrastructure.

Key features of SAP BusinessObjects

SAP BusinessObjects offers a range of capabilities that enable companies to transform raw data into useful information and, with it, make decisions that are increasingly data driven. These include tools for creating reports, visualizing data, and sharing the analyses performed, both internally within different teams and across teams.

Like all SAP products, this suite of tools is also designed to be scalable, both in terms of users, from a few users to tens of thousands, and in terms of instrumentation, from a single tool to multiple tools and interfaces, also based on user initiative.

Key benefits of SAP BusinessObjects

This tool from SAP for Business Intelligence bases in its real-time analysis capabilities its strength. Second, it offers users the ability to leverage information in an extremely  dynamic, personalized and simplified. This means that all business functions reached by them can make informed decisions based on real data, often collected in real-time, solving the age-old problem, increasingly felt in today’s market, of the slowness with which traditional tools such as business reports collect results. SAP tools for BI were born, from the design stage, precisely to break down this specific obstacle, offering increasingly consistent, effective data in an increasingly rapid manner. Aspect in which, as we have mentioned, I play a key role  user autonomy, which SAP BusinessObjects encourages.

SAP BusinessObjects, in short, is more than just a business intelligence tool, it is a comprehensive platform that enables companies to gain a clear and effective view of what is happening within their perimeter, a perimeter that increasingly involves external stakeholders such as partners and suppliers. Whether it’s monitoring performance in real time, identifying trends, or sharing analysis and research with the team or between departments, SAP BusinessObjects provides the functionality to do just that.

Challenges in using SAP BusinessObjects.

Adopting a powerful tool like SAP BusinessObjects in the enterprise, however, may present some challenges. First of all, it will be necessary to establish  a detailed permission and privilege structure to make sure that each user and department has access to the correct information. To be properly exploited, these are tools that require  staff training and preparation. Regesta LAB has long experience in implementing and managing the tools  SAP for Business Intelligence and, above all, places great emphasis on the development of a corporate data culture. Because of its approach, it can help companies foster a successful implementation.

Complete view of business data with SAP business intelligence software

In conclusion, SAP BusinessObjects is a powerful tool that can help companies gain a comprehensive, real-time view of their data. With its wide range of capabilities and scalability, it can grow with the business, supporting business intelligence needs well into the future. With the right planning and implementation, SAP BusinessObjects can be instrumental for any company that wants to turn data into a valuable asset.

Contact us to receive more information, our consultants are at your disposal to find the best solution for your reality.