In order to direct the mass of data in a modern company into the right channels and make it usable in the company, the classic means of data warehousing are often no longer sufficient. In particular, the three V's (Variety, Volume and Velocity) make it technically almost impossible to transfer all data into a structured data repository. Therefore, it is necessary to find new ways for this data to make its information content usable, to gain new insights and thus to transform big data into smart data.
The classic data warehouse as the single point of truth in the company is increasingly being replaced by the introduction of a data lake. While harmonized and quality-assured data is made available in the data warehouse, a data lake collects enormous amounts of unstructured and semi-structured data. biX Consulting provides consulting services to help you develop a data strategy customized for your company that combines the advantages of a high-performance data warehouse with the targeted preparation and use of classic big data scenarios. A highly integrated architecture on-premise or in the cloud leads to a reliable data landscape that meets the requirements of various departments as well as data scientists and is thus also prepared for future scenarios. We already have most of the necessary technologies in use in our Innovation Lab and can thus directly test your use cases.
Classical reporting based on the past is increasingly being supplemented by predictive approaches, which should make it possible to look into the future and automate as many work steps as possible. At the same time, more and more manual process steps are to be automated by artificial intelligence (AI) to become faster, make improved predictions and reduce the workload of specialist departments. This is generally referred to as advanced analytics. In addition to a data strategy for the high-quality provision of the required data, the integration of the required algorithms and data scientists is also an important success factor. We help you to find the right operating model for your company so that you can concentrate fully on the new approaches and use them sustainably in your company.
Next Generation Analytics Use Cases
In the context of our projects, we are repeatedly confronted with complex and complicated problems that go far beyond classical analytics topics. By solving these problems, we rely on technologies such as artificial intelligence and machine learning to achieve the best results for our customers and create real surplus value. In the following, you will find some of our already successfully executed use cases.
Developed biX AI model optimises customer ratings and prevents payment defaults at one of the largest mobility service providers
Automated management reporting
Automated reporting recognises anomalies and trends at an early stage and points to effects in the business development
Extension of an existing business warehouse
Reduction of the monitoring effort through customer-specific extensions of the existing business warehouse
Avoidance of out-of-stock situations
Development of an AI model based on Machine Learning for early identification of customer needs to avoid OOS-situations
Reduce customer churn
Development of a model to integrate internal and external data to forecast customer churn in a time-sensitive approach
Optimization of master data quality
Training of a neural network for significant improvement and sustainability of master data quality without additional manual effort
Prediction of payment failures
Predicting payment defaults by developing a customer payment profile to reduce the risk of payment defaults
Optimizing of configuration
Development of a neural network to identify similar configuration features in order to plan manufacturing costs in a cost-optimal way
biX AI Tools
The biX AI Tools are a collection of tools that enable you to quickly start your advanced analytics project. With our customized toolset, you can set up completely native SAP technology as well as realize non-SAP use cases together with us and later make them permanently usable in regular operation.
The components of the biX AI tools include predictive content and analytical content as well as process models for the successful preparation and implementation of AI and ML projects.
Benefit from our experience in already successfully implemented projects. In addition to the right project setup and the required data sources with sufficient data quality, we focus on the visualization of the results in order to bring trust and transparency to the relationships found.
biX AI Tools
- Customer Churn
- Market Basket Analysis
- Recommendation Systems
- Exception Reporting
- AI Master Data Optimisation
- Decision Trees
- Geo Data
- SAP SAC
- MS Power BI
- ETL for AI Applications
- Common Data Sources for AI Applications
- Project Setup
- Expectation Management
- RISK Mitigation
A new opportunity - for your data
Without additional investment and without the usual high administrative effort, the data available in SAP BW (from version 7.3) and in HANA can be used for forecasting, basket analyses or exception reporting. Predictive Content is a framework that can be adapted to changing system environments at any time and expanded to include new areas of analysis.
The intuitive machine learning component ensures fast implementation times and easy adaptation of the algorithms to new parameters. The insights gained can be visualized with standard tools such as MS Excel, SAP Analytics Cloud, SAP Lumira Designer, SAP Analysis for Office, Tableau, or other solutions.1 Data located outside SAP BW (for example in Oracle databases) can also be included in the analysis at runtime using SAP Data Hub. For this purpose, the Predictive Content provides a set of highly efficient Python components.
enables the extraction of new insights from data treasures in SAP BW and a digitalization of business models in your company.
complements the framework and has already fully developed and implemented three application modules.
Predictive content enables a reliable prediction of events, conditions or developments in the future and can be used in many scenarios - for example:
- Production planning
- Simulation scenarios
- Maintenance cases
- Speech recognition
- Customer loyalty
Object group analysis
Predictive Content is used to analyze interrelationships of objects and events, for example in the following use cases:
- Common configuration patterns (e.g. cars)
- Shopping basket analyses
- Portfolio analyses
- Failure-prone parts in machine groups
- Purchase recommendations (up-/cross-selling)
Predictive content acts as an early warning system to immediately detect and counteract possible variations from action norms or states. Through machine learning, the solution adapts to new circumstances and changes and can thus be trained and gradually perfected. Possible areas of application are:
- Customer churn (churn prediction)
- Credit risks
- System failures and downtimes
Concentration on the essentials
A key feature of predictive content is the compactness of the solution and the associated holistic support of the process from simple data access to SAP BW and the data models implemented there to an intuitive data console where data and algorithms can be easily selected and parameterized. Data models that have already been used or trained can be imported into predictive content and processed there in a simple process. If required, further data sources can be connected at runtime via the optional SAP Data Hub.
Access to the SAP HANA Predictive Analysis Library and other classes (ABAP, SQL Script, SQL) is transparent and can be carried out by experienced business users. No complex native HANA development is required. Predictive Content explores the data for the user and thus makes it unnecessary to work exploratively with the data. The user can focus more on the exploitation and benefit of the insights gained through automation.