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Overview
The Variant Analytic Engine (VAE) is a cutting-edge solution designed to provide businesses with real-time insights into configurable products with extensive variants. By leveraging SAP BusinessObjects powered by SAP HANA and a flexible, technology-agnostic UI, VAE addresses the challenges of analyzing high-volume variant data across industries like automotive, aerospace, and high-tech manufacturing.
Industry Applications
Target Industries
- Automotive
- High Tech
- Aerospace & Defense
- Oil & Gas
Lines of Business
- Research and Development (R&D) Engineering
- Manufacturing
Business Problem
Companies with configurable products often struggle to analyze high volumes of variant data in real time. Traditional BI solutions fail to deliver actionable insights due to limitations in handling complex, variant-based datasets, resulting in:
- Lack of insights into product variant preferences.
- Inability to track characteristics and variant conditions by geography or time frame.
- Delays in making data-driven decisions due to underperforming reports.
Solution
VAE enables businesses to access real-time analysis and gain actionable insights based on variant data. Key capabilities include:
- Variant Analytics
- Identifying the most preferred product variants.
- Highlighting top 10 product variants based on sales.
- Characteristic Analysis
- Analyzing preferred characteristics and characteristic values by region, sales geography, and fiscal year.
- Pricing Analytics
- Tracking variant conditions used during pricing determination.
Business Value
Real-Time Operational Insights
- Analyze business operations in real-time using vast amounts of variant data.
- Eliminate performance issues in generating variant-based reports.
Data-Driven Decision Making
- Provide detailed insights into customer preferences and product performance.
- Enhance strategic planning with granular data analysis.
Advantages of SAP HANA and BI Integration
- Real-Time Insights
- Access operational and strategic insights with near-zero latency.
- Self-Service Analytics
- Empower business users with self-service capabilities for trusted data analysis.
- In-Depth Understanding
- Develop a comprehensive understanding of prospects, customers, and products.
- Simplified Analytics
- Streamline the analytics landscape with fewer layers, enabling faster time-to-value.
- Scalable Solutions
- Begin with operational insights and expand as business needs evolve.
Enabling Accurate, Faster, and Actionable Information
- Compliance
- Ensure adherence to industry regulations, mitigating business risks.
- Strategic Alignment
- Connect corporate goals, objectives, and strategies to individual contributor levels.
- Information Democracy
- Foster self-service and democratize access to actionable data insights.
- Predictive Analytics
- Leverage smarter applications to predict trends and grow the business.
- Quick Wins
- Deliver faster ROI with high-impact, actionable insights.
Assets
Videos illustrating the capabilities of the Variant Analytic Engine, including demos of real-time variant analysis, can be listed and shared via links.
Conclusion
The Variant Analytic Engine (VAE), powered by SAP HANA and SAP BusinessObjects, revolutionizes the way businesses analyze configurable product variants. By addressing performance challenges and providing real-time insights, VAE empowers organizations to make data-driven decisions, align strategic goals, and achieve faster ROI.
This solution is a game-changer for industries with complex product configurations, enabling businesses to stay competitive and agile in a data-driven world.