Benefits of Machine Learning:
- Faster decisions - Machine learning algorithms can prioritize and automate decision making. They can also flag opportunities and smart actions that should be taken immediately – so you can achieve the best results.
- Adaptability - Artificial intelligence doesn’t just look at historical data. It can process real-time inputs – so you can adjust on the fly. Think of cars that can automatically stop before rear-ending another vehicle.
- Algorithmic business - An “algorithmic business” uses advanced machine learning algorithms to achieve a high level of automation. Making the shift can pave the way for innovative new business models, products, and services.
- Deeper insights - Machine learning can analyze big, complex, and streaming data, and find insights – including predictive insights – that are beyond human capabilities. It can then trigger actions based on those insights.
- Efficiency - With smart, machine learning-supported business processes, you can dramatically improve efficiency. Plan and forecast accurately, automate tasks, reduce costs, and even eliminate human error.
- Better outcomes - From triggering smart actions based on new opportunities and risks, to accurately predicting the results of a decision before it is made – machine learning can help you drive better business outcomes
Empower Your Digital Core with Machine Learning Powered by SAP and Approyo
- SAP Predictive Maintenance and Service - Optimize the entire maintenance program with real-time insights into current and future asset conditions.
- Remittance Advice Extractor - Extract payment information from unstructured documents.
- SAP Cash Application - Next-generation intelligent invoice matching powered by machine learning.
- Predictive Analytics for Contract Consumption - Proactively renew contracts by predicting their expiration and consumption.
- Predictive Analytics for Stock in Transit - Predict shipment dates and manage stock in transit.
Read the full blog post on www.approyo.com
