Version 2.0 of Predictive Analytics aims to put predictive capabilities in the hands of more users.
SAP has announced the general availability of version 2.0 of SAP Predictive Analytics software.
This new software will help to bring predictive analytics to business users, business analysts and data scientists.
SAP’s Predictive Analytics software and SAP InfiniteInsight solution combine to deliver real time predictions to provide users fast insights.
The software will provide an integrated approach to predictive analytics and is designed to help organisations uncover trends and patterns from Big Data, the Internet of Things as well as existing SAP third party data sources.
Clemens Praendl, senior vice president and general manager, Analytics, SAP, said: "The growth of data sources and sensors and the increased demand for actionable insights mandate broader access to predictive analytics."
"SAP Predictive Analytics is designed to help bridge the skills gap by placing complex predictive capabilities in the hands of many more users."
"By incorporating predictive results into more applications and business processes, users will be able to identify hidden patterns like never before, revealing new or expanded business opportunities."
The features of version 2.0 will include data preparation, which will help automate the process without the need for code. Also included are advanced visualisations and model management.
Several other features such as network/link analysis and scorer are also available. Scorer displays the individual variable contribution to the model and selects the most important ones to help answer a business question.