With the flood of data available, businesses today are more interested in knowing what could happen. Companies with huge data sets can prepare analytics, but they sometimes have trouble answering questions about how and where to start. How can you identify what types of analytics are appropriate for your organization?
For solving this puzzle, Benjamin Moore has been using tools like SAP BusinessObjects 4.2 and SAP BW 7.4 to extract meanings from the huge amount of data that has helped in improving the decision-making at the company level. The analytics effort within the company just didn’t stop with descriptive analytics—steps are now being taken to drive the predictive analytics initiative for insight into the future.
Benjamin Moore was able to increase self-service BI capabilities, empower business users to be able to find information on their own, and establish a proof of concept for predictive analytics.
Key Business Benefits:
- Transferred from descriptive analytics to predictive analytics
- Real-time analytics
- Data visualization