On the road with Analytics Cloud - Planning & Cost Allocation, and a bit of closed loop insights


In the "on the road with analytics cloud - series", we this time have a closer look at the planning capabilities. The fact that we do have planning capabilities together with live analytical insights and predictive analytics, in itself is already very special. We call this the closed loop of insights; at any moment in time, a user can step into the loop and start analyzing, predicting or planning insights and see and simulate interdependencies.

The closed loop of monitoring (i.e. Business Intelligence), planning and predictive analytics combined in ONE tool is unique and not available anywhere else in the market. SAP Analytics Cloud delivers on this promise. You might think "very nice Iver, but why should I care", well .... consider the following advantages:

  • at any point in time, you as a user have actuals, budget and (predictive) forecast numbers available for insights. No more big projects to consolidate actuals and planning numbers in a separate data store and build separate insights on top; it all is available in SAP Analytics Cloud. If you already did set up your planning flows in SAP BPC, SAP Analytics Cloud easily interacts (bi-directional) with that.

  • since SAP Analytics Cloud allows to work with versions of data - these versions are either private or public for all users -, the user can compare versions. ... So ??? ....well, imagine you have a forecast set up and want to see what happens if you'd raise that forecast with xx%, you just make a separate version and apply the raise. SAP Analytics Cloud will distribute or spread the raise among the underlying attributes (according to the rules you can influence). Now it gets interesting: since you can compare your new version of forecast with the original version, it basically means you can do advanced simulation. There are even the Value Driver Tree and the variance reports (both: see screenshot on top) that allows you to visualize your simulation.

  • and there is the predictive analytics capabilities. They come in to play not only if