VANCOUVER, Canada – SAP SE (NYSE: SAP) recently announced that Vancouver-developed solution SAP Analytics Cloud received universal acclaim in The BI Survey 18, a market study conducted by industry analyst BARC (Business Application Research Center). The solution emerged as a leader in many categories, with notably strong performance for business value, customer satisfaction, cloud business intelligence (BI) and innovations in the large international BI vendors peer group. In the report, SAP Analytics Cloud achieved 23 top rankings and 44 leading positions across five peer groups.
“With SAP Analytics Cloud, we offer what is the industry’s most complete tool for using data in the cloud to make intelligent, fast and confident end-to end decisions,” said Kirsten Sutton, Managing Director, SAP Labs Canada. “We are proud that the Vancouver-based team played a key role in developing SAP Analytics Cloud, which – as The BI Survey 18 shows – delivers significant value to our customers with its one simple cloud experience.”
The BI Survey 18 is based on findings from the world’s largest and most comprehensive survey of BI and analytics end users. It was conducted from March to June 2018, with more than 3,000 people responding to the survey. The BI Survey 18 examined user feedback on product selection and usage across 30 key performance indicators including business benefits, project success, business value, recommendation, customer satisfaction, customer experience, innovation and competitiveness.
“SAP’s strategic focus on its new cloud-based BI and planning product, SAP Analytics Cloud, seems to be bearing fruit,” said Dr. Carsten Bange, founder and CEO of BARC. “The BI Survey 18 shows that customers are quite happy with this new product and are willing to launch their new BI initiatives — such as mobile BI, visual design standards and location intelligence — into the cloud with SAP.”
Findings from the survey:
- 96 percent would recommend SAP Analytics Cloud
- 87 percent rate the SAP Analytics Cloud price-performance ratio as good or excellent
- 52 percent chose SAP Analytics Cloud because of the high innovative capacity of SAP
SAP Analytics Cloud is a single solution for end-to-end analytics with business intelligence and organizational planning, enhanced with the power of predictive analytics and machine learning technology. With SAP Analytics Cloud, customers can blend data from different sources, create compelling data visualizations, run ad hoc reporting and more. Integrated planning empowers companies to make the best end-to-end plan possible for their business. SAP Analytics Cloud simplifies financial planning and analysis with the ability to plan and forecast in real time. The newly-released smart assist features in SAP Analytics Cloud give automatic insights at any level of detail, from a single data point to an entire model.
Vancouver is home to one of SAP’s largest development centres, SAP Labs Vancouver, where more than 1,400 employees develop SAP Analytics Cloud alongside innovations such as SAP Digital Boardroom and SAP Jam. British Columbia Premier John Horgan visited SAP Labs Vancouver on October 9 to celebrate SAP Canada’s creation of 300 jobs in the city over the past two years and tour the newly-unveiled 70,000-square foot expansion, marking the completion of a $22 million investment and cementing SAP Labs Vancouver’s standing as one of the province’s largest technology employers.