SAP is going big in the Big Data bandwagon with the launch of the SAP Digital Boardroom. The SAP Digital Boardroom is a planned breakthrough digital approach that aims to contextualize and simply performance reporting across all areas of business in real time. It is built on the SAP BusinessObjects Cloud Solution and could utilise data from the SAP S/4HANA suite and SAP HANA Cloud Platform.
The SAP Digital Boardroom
The SAP Digital Boardroom provides a dashboard that gives a live snapshot of the performance and operations of the company in a heavily visualized manner to aid in the decision making process. Such data and analytics would be useful in a real board meeting.
Members of the media were given a live demo on the SAP Digital Boardroom where live visualization on SAP’s performance were shown.
The SAP Digital Boardroom also features a predictive analysis function where it could simulate the performance of the business in real time simply by adjusting certain variables.
In the presentation, we were shown the impact of a 30% increase in SAP server’s capacity to the bottom line of SAP.
Such simulation is done by simply dragging a slider and the ability to simulate such performance in a live environment will change how board meetings are conducted where strategic decisions can be simulated and decisions made more quickly. This is crucial today where businesses are expected to be more agile in today’s environment.
According to Terrence Yong, Managing Director of SAP Malaysia, “SAP Digital Boardroom is able to provide total transparency to the C-Suite executives, consisting of board members and decision-makers, with a comprehensive, real-tim eview of business performance across the entire company.
It would be interesting to see how companies would embrace the SAP Digital Boardroom but if configured correctly, it will certainly transform the way oversight processes are performed.