Why Your Startup Needs Big Data and What to Do with It


Why Your Startup Needs Big Data and What to Do with It

By this point in time, most business owners and directors understand what Big Data is, but many don’t understand just how important it is to their operations, front and back end. If you are a startup and are looking for the most expeditious ways to handle even the most routine tasks, the key is in understanding how you can use Big Data to design solutions in moments that would take days, if not weeks or months, to do manually. Take a look at just a few of the things you can do with Big Data and you’ll see just why your startup really needs to rely more heavily on solutions derived from the collection and storage of data.

The Importance of Big Data Sets

The simplest explanation of why Big Data is important to you is in understanding how you can use data in literally every facet of your business operations. If you think about data as a collection of ‘tools’ you can pull out of a box as needed, you’ll see that you really can’t do without it. For example, if you want to analyze which production line is the most efficient in your manufacturing plant, all you need to do is pull out the historical records of what was produced on line A and then analyze how long it took, costs involved and other parameters you define as needed.

On Calling up and Analyzing Big Data Sets

Perhaps you want a timeframe from order to shipping on products produced on that line so that you can compare it to another assembly line in your plant. By storing data, you can quickly call it up, use the appropriate software to pull the figures you are looking for and within moments you will have numbers in front of you that tell you, in black and white, exactly what happened and even why. Now you can use this data to design, or redesign as the case may be, solutions for other assembly lines in your plant.

Understanding SAP BW

The software you will use to analyze all that data is referred to in a category called Analytics for SAP BW, that does exactly what the name implies. It analyzes the data you’ve stored in directories, the process called Business Warehousing, or sometimes Business Information Warehousing. Just as you store inventory and supplies in your warehouse, the Big Data you use to design expedient processes is held in a computer directory referred to as a warehouse. Makes sense, doesn’t it?

Using History to Design Your Future

If you can call up facts and figures to look at exactly what happened, when and where, you can begin thinking about ‘why.’ This is what you’ll use to expedite future tasks. You’ll be designing, or re-designing, tasks and processes based on a historical set of data. Every startup needs to begin collecting information from day one of their enterprise. It is only in looking back at what worked that you can even begin to see why something else didn’t.

Cost and Time Efficient Solutions

Done manually, designing processes and strategies can take many, many hundreds of manpower hours. Done digitally with an SAP (System Applications and Products) program you can have results in moments. As a startup you have no time to waste doing lengthy research and calculations. Big Data is your answer and you handle it with SAP BW (Business Warehousing). From there it’s a matter of calling up the data you need, analyzing it, and then moving on to designing the next step or solutions to issues you are having.

Looking for the most cost and time efficient ways to expedite workflow? SAP BW is the key. Learn to use it and you’ll be steps ahead of the competition.