SPONSORED BY OCHIBA BUSINESS SOLUTIONS
20/20
VISION
NOV/DEC 2019 IT IN FOCUS
This year has demonstrated the need for manufacturers to adapt rapidly
to new technologies – and this will continue into 2020 and beyond
CONTRIBUTOR OCHIBA BUSINESS SOLUTIONS
intelligent predictions that can help define future
marketing and sales activities.
The IoT is a great source for the volumes of
historic data required for predictive analysis. The
adoption of IoT technologies in manufacturing,
distribution, and retail has certainly been at
different rates. In the coming years there
will be a push for this to become crossindustry,
so that the entire chain, from
materials manufacturer to consumer,
has information shared to improve
future decisions.
Continuous analytics is achieved
with Augmented BI – A powerful
combination of BI and advanced analytics
that gives organisations the ability to move
faster while making smarter decisions. Use cases
range far and wide, including financial close
and reconciliation, disclosure management,
attrition analysis, campaign optimisation, internal
management and board reporting, variance
analysis, and more. Automated technology,
enabled by SAP HANA, helps organisations avoid
biased and agenda-driven decision-making by
revealing the story of what drives the business.
These systems do not need manual queries and
will analyse volumes of data looking for trends
and picking out the important insights.
SAP Business One with SAP HANA as its
foundation serves as a digital core for the
business – one that helps drive business agility,
improve customer experiences, and increase
business performance. Companies using it are
well-placed for 2020 and beyond.
SMEs now understand the affordability of
SAP Business One and SAP HANA, and the
power they have at their disposal.
www.businessoneexperts.co.uk – 0114 299 9430
As 2019 draws to a close it is clear that a number of key
building blocks have been put in place over the last
few years which will begin to work together to deliver
benefits across the entire supply chain. Consider the
drivers influencing the need for change today and
it becomes clear there is a need to embrace new
technologies as quickly as possible:
● Competition requires a rapid response to market
changes and a company’s creativity becomes key
● Customers demand personalised products and
services as they become more sophisticated
● Constant improvement of internal processes
● Time to market pressures and the need to improve
supply chain efficiency
All of these drivers have solutions based not just in
general ERP software, but in technologies that have appeared
relatively recently but which when working together will provide
the full solution for any enterprise.
In 2020 there will be a growing need to predict everything
possible in an intelligent manner, embrace more IoT technologies,
utilise AI-driven planning and scheduling, and harness analytics.
An intelligent enterprise runs on insight from data – and more
than ever, this insight needs to be delivered in real time. Speed is
of the essence. Complexity is the enemy. The ability to connect to
all data types across sources and silos is critical for success. What
organisations need is a data platform up to the task. Next year will
see a need for this 20/20 vision across the enterprise.
At Ochiba we are constantly looking at how the latest needs of
the enterprise can be met and how we can ensure SAP Business
One running on SAP HANA delivers this. Designed with an
enterprise-grade, in-memory architecture, SAP HANA dramatically
speeds data processing compared to traditional disk-based
solutions. By combining live transactional data with historical data
in the moment, it also yields the deep insight needed to make the
right decisions here and now. And with multi-model data support
and built-in advanced analytics capabilities such as machine
learning, SAP HANA helps organisations set themselves apart by
empowering everyone with data.
The rise of ‘predictive everything’ means that huge volumes
of historical data are required. For manufacturers this not only fits
the obvious areas such as preventative maintenance and the like,
but the full analysis of clients and product in a way that provides
42 www.manufacturingmanagement.com
/www.businessoneexperts.co.uk
/www.manufacturingmanagement.com