WALLDORF — SAP SE (NYSE: SAP) today announced it was ranked as a leader in “The Forrester Wave™: Predictive Analytics And Machine Learning Solutions, Q1 2017.”
According to Forrester, “SAP offers comprehensive data science tools to build models, but it is also the biggest enterprise application company on the planet. This puts SAP in a unique position to create tools that allow business users with no data science knowledge to use data-scientist-created models in applications. SAP’s solution offers the data tools that enterprise data scientists expect, but it also offers distinguished automation tools to train models.”
A finding in the report is that the predictive analytics and machine learning (PAML) market is forecasted to experience a 15 percent compound annual growth rate (CAGR) through 2021.*
“SAP has a strong predictive analytics and machine learning foundation with SAP BusinessObjects Predictive Analytics and SAP HANA, but we’re not resting on our laurels,” said Mike Flannagan, senior vice president of Analytics at SAP. “We continue to invest heavily in our portfolio of machine learning technologies, ensuring our customers have the latest capabilities that can be integrated into their business applications and processes.”
Forrester’s assessment consisted of a comprehensive set of 23 evaluation criteria, grouped into three high-level buckets: current offering, strategy and market presence. To download the full report, go to “The Forrester Wave: Predictive Analytics And Machine Learning Solutions, Q1 2017.” For a more in-depth perspective, read Mike Flannagan’s blog.
Samantha Finnegan, +1 (415) 377-0475, firstname.lastname@example.org, ET
*Source: Forrester Data: World Business Intelligence And Analytics Software Forecast, 2016 To 2021 (Global).
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