The Future of Analytics and Automation for ERP Systems

Translating Data into Insights with Magnitude

A recent SAPinsider survey reveals that 75% of respondents’ organizations use or plan to use self-service #analytics for operational performance – but how do you quickly act to address those insights?

SAPinsider’s research analyst Pierce Owen recently sat down with our Simon West, CMO and Darren Pierce, CTO, to exchange ideas on the future of analytics and automation for ERP systems.

Many business users can quickly find issues in their data thanks to analytics tools, but it can then take an inordinate amount of time for them to clean or redefine master data or clean up polluted sales or purchase orders.

The article specifically highlights a Magnitude customer success story:

“A major beer producer in Europe had inaccurate and outdated sales and purchase orders in its ERP systems. This messed up MRP runs because the MRP process allocated inventory for the polluting orders. The beer producer now uses Magnitude Every Angle operational analytics to identify the polluted orders and can clean them up with minimal effort with Magnitude Innowera Process Runner. This means that the ERP systems can run MRP processes much more predictably and accurately, and it has cleaned up inventory with less dead stock.”

By integrating operational analytics with process automation, organizations can quickly react to insights unsurfaced by analytics and address issues.

Read the full article on SAPinsider’s platform for guidance on key trends in self-service operational analytics and automated data management within SAP, including:

  • Implementing self-service analytics tools
  • Evaluating the different applications and potential value of analytics and automation
  • Integrating operational analytics with process automation

To dig deeper on how to get from insights to action, visit our resource library.


Embracing the SAP Market Opportunity

This week I am proud to be joining Magnitude Software as General Manager, Productivity, focusing on the Company’s global growth strategy in the SAP and productivity markets. Initially, I was intrigued by the innovation and customer-centric culture of Magnitude; as I dove deeper into the track record in enabling customers to do so much more with their data, I became very excited about the opportunity for our customers AND partners. In my role I’ll be keeping a keen eye on the market, defining our solutions roadmap, and ultimately growing revenue and market share by enabling customers and partners to innovate faster and improve their ERP ROI.

Many enterprise systems, like SAP, can be complex for customers looking to extract data and derive insights – especially when looking beyond power users and data scientists. One large customer I met recently called it their “Hotel California” dilemma: “You can check in anytime you like, but you can never leave …”. Enterprise backbones have long proven to be world-class solutions facilitating mission-critical business processes. By doing so these systems collect what could arguably be considered the most pristine and accurate data within an organization. However, connecting and managing the data is hard, which ultimately presents a significant barrier in customers’ ability to analyze and discover new insights.

Over the past years, I have been fortunate to be at the forefront of the cloud disruption when it comes to these mission-critical systems. Initially, customers became interested in Infrastructure as a Service (IaaS) capabilities seeking to improve agility and flexibility whilst lowering their TCO. However, over the past 2 years I have seen more and more customers looking to innovate faster. Often referring to it as “Digital Transformation” (I’ll be the first to admit it’s a bit of an overused term), these customers ultimately are motivated by one or both strategic objectives. They either are looking to increase top-line revenue by enabling more intelligent decisions, improving their customer relationships or empowering their sales teams. Alternatively, they are looking to reduce operational overhead by increasing efficiency, designing products that get better with time, or enabling a data-driven discipline.

At the technology core of all these initiatives is a combination of existing, mission-critical enterprise systems and a combination of innovative technologies like Data Lakes, Artificial Intelligence and IoT.  Data is at the center of it all. My excitement about Magnitude deepened when I saw how the company is orienting itself to make it easier for customers to gain efficiencies and strategic advantage by easily getting data from and to these systems.

This is a chance to collaborate with and lead a team working to enable the true data-driven enterprise in an environment where modern cloud technology has an increasing footprint.

Part of what I appreciate about Magnitude is that at its core are the expertise and software that simplify and ease data flows. And in a complex and fragmented data ecosystem, that’s crucial for enterprises looking to transform competitively and operationally. Magnitude has built a distinct portfolio to help companies achieve that by managing, streamlining and harnessing enterprise data.

Having been entrenched in corporate strategy and alliance leadership roles for 20-plus years with the likes of Amazon Web Services, Microsoft, HP and Accenture, I am looking forward to bringing an insider perspective to addressing the challenges that Magnitude’s global customer base faces. The reality is, most large companies with significant ERP investments are grappling with driving even more value from their SAP deployments given their transition to the cloud.

Today, SAP is leading the pack as the largest global ERP and business applications provider. It’s also the fastest growing enterprise application cloud vendor, according to Synergy Research Group. This is Magnitude’s sweet spot as the Company has continued to broaden and deepen its presence in the SAP ecosystem with data management and productivity solutions for SAP-run businesses.

I look forward to building on Magnitude’s record of success — in helping SAP customers treat data as a strategic asset as they transition from legacy systems to the cloud —and to accelerating growth and driving new productivity innovations.

For more inside perspectives on my role, my new peer, Maggie Key who is Magnitude’s first Chief Customer Officer, and Magnitude’s latest news, check out our CEO’s recent blog article.

Combined Noetix

Combining the Power of Noetix Generator for Power BI with Noetix Analytics and NoetixViews

We’re kicking off 2020 with the release of a new update to our Noetix Generator for Power BI that now supports both Noetix Analytics and NoetixViews. With this powerful combination, we’re speeding time to value for enterprise reporting to give customers access to strategic and operational insights with historical trending and analysis for end users quickly.

Watch this webinar to learn how to use Noetix Analytics for new insights into customer and product profitability using PowerBI and Oracle Supply chain.

We’ll address the fundamental question: What have been your most profitable products, customers, organizations, and sales reps over the last 5 years? 

We’ll demonstrate the ease for using the broad, deep business content in Noetix Analytics to simplify data preparation and report development. We’ll share the tips and tricks with our centralized, extendible common business library and the added flexibility of using any reporting tool that fits your needs.

Key topics:

  • Noetix Analytics and Metadata-Based Architecture – how it works
  • The differences in how data is prepared in data warehouse modeling from traditional relational modeling
  • Demonstrations of Power BI and how to use our Customer and Product profitability report to uncover business trends and insights
  • Report development process – understanding reporting needs, accessing and using Noetix Generator to create Power BI templates and mastering visualization and publishing capabilities
  • Noetix Cloud Analytics – improving real time performance and consolidated reporting across multiple ERP environments with portability to the Cloud

To access other Magnitude Operational Reporting and Packaged Analytics on-demand demos, visit our resource library or request a personalized demo today!

Magnitude and a Postmodern ERP World

Magnitude was founded on a base of strong ERP knowledge (Noetix), acquired more (Datalytics Technologies),  and has recently been accelerating investment in the SAP ecosystem (SourceConnect product)  and the purchase of Innowera  and Every Angle. With that in mind, I finally got around to reading the Gartner report 2018 Strategic Roadmap for Postmodern ERP by Paul Saunders, Denise Ganly, and Mike Guay. This report states that organizations tend to focus on monolithic, vendor-first ERP strategies that do not support digital business initiatives and recommends a postmodern ERP strategy that includes the integration of differentiated and innovative capabilities that are beyond the core strengths of the common ERP platforms. Read more