Comprehensive information to support decision-making by external insight automation
In this fiercely competitive and rapidly evolving business environment, successful enterprises rely on comprehensive information to support decision-making, and this information isn’t confined solely within the company. By achieving external data through SAP Build Process Automation and integrating data into SAP Datasphere, we can access a wider and more holistic range of information, which is crucial for our decision-making processes.
Overview
Comprehensive understanding of market trends
External data provides key insights into market trends, consumer behavior, competitor dynamics, and more. These insights help us understand market changes, anticipate future trends, and adjust our product strategies and market positioning to maintain a competitive edge.
Identify potential business opportunities
Analyzing external data enables us to promptly discover emerging markets, new consumer demands, and untapped business opportunities. These discoveries can bring new growth avenues for the company, expand our business footprint, and facilitate sustainable development.
Enhance risk awareness
Understanding changes in the external environment helps us identify potential risk factors early, such as regulatory changes, market instability, intensified competition, etc. Consequently, we can formulate corresponding response strategies to mitigate risks and minimize potential losses.
Details
Solution type
Extensions and Add-ons
Industry
Cross-Industry, Retail, Consumer Products, Chemicals, Professional Services
Compatibility
Works with
Features
Integrate external and SAP ERP data
Data integration allows businesses to integrate external and internal data, tracking market trends and leading indicators to enhance companies’ insight and competitiveness. The application automatically fetch specific external data into SAP Datasphere for later use of reporting purposes.
Automate external data collection
Collecting external data by automated web crawler, allows not only personnel to focus on more important projects, but also could reduce their manual working time to increase work efficiency.
Optimize data management
Various external data are not easy to read and understand within a short time. Therefore, storage and management of data will become a significant part of the company, which helps businesses improve overall business performance.
