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Given the volume of data that is generated by companies worldwide, most people are now aware of the concept of data warehouses.

But then there is also something known as a data warehouse cloud.

Not sure what that is. Let’s find out.

What is a Data Warehouse Cloud?

Simply put a cloud data warehouse like the SAP Data Warehouse utilizes the computing power and space allocated by a cloud provider in order to assimilate and facilitate data storage that comes from various data sources. This data in turn is used for further analysis, generating queries and insights as well as reporting.

What are the Key Features of a Cloud Data Warehouse?

The cloud data warehouse comes with the following key features.

1. Data Integration and Management

Data integrated under cloud data warehouses offers core processes with ETL/ELT along with providing access to flexible SQL querying of the data.

Moreover, you can also explore the option of ingestion of all data types as well as stream data ingestion. Data transformation with varying degrees of complexity including type conversion and summarization is also possible.

You can even do a full and incremental data extraction on a cloud data warehouse.

2. Data Storage

Data storage in an SAP Data Warehouse cloud offers read only, integrated, meta data and optimized data storage.

Storage of time variant data from a historical point of view is also available.

3. Data Warehouse Database Performance

Cloud data warehouse offers elastic, on-demand scaling of storage as well as the platform to compute resources. It also allows for parallel processing of the database with a materialized view support along with caching the results generated from it.

It is possible to serve multiple geographic locations and show great query performance measured in seconds in a cloud data warehouse. You can manage the performance by predicting and prioritizing queries with machine learning on a data warehouse cloud.

You can also identify faults in the system with the fault tolerance facility.

4. Security and Compliance:

A cloud provider like SAP ensures infrastructure and data safety with the help of data encryption and granular access control. You additionally get to enable user authentication and authorization for data access.

All cloud data warehouses are required to comply with the guidelines outlined by their respective national, regional, and industry-specific bodies.

What are the Benefits of Cloud Data Warehouse?

The SAP Data Warehouse cloud provides the following benefits:

1. Cost-effective:

Cloud data warehouse by SAP does not need additional purchase and maintenance of super expensive hardware. Moreover, scaling a cloud based data warehouse is far more cost effective compared to an on-premises one. Additionally, there is a limited risk of overprovisioning infrastructure.

2. Limited Expenditures on Development

Cloud based data warehouses work on several layers of automation which decreases the involvement of IT staff time. Moreover, tasks like storage scaling, computing resources, and data management are also automated.

To become a customer centric business, you must have data analytics as your central element that connects every arm of the company.

To fulfil your business analytics needs, get in touch with MDSap to know more about SAP business analytics and how it can benefit your business enterprise.

So, Is the Cloud Data Warehouse Different from a On-Premises Data Warehouse?

The cloud data warehouse has specific points of differentiation from a conventional on-premises data warehouse.

For example, a cloud data warehouse can be scaled up instantly whereas the scalability of any on-premises data warehouse is dependent on in-house resource consumption, and available infrastructure that may require reconfiguration or purchase of hardware or software to process the upgrade.

Moreover, a cloud data warehouse will in the majority of instances have a 99.99% uptime. On the other hand, a regular data warehouse’s uptime is wholly dependent on the quality of available hardware, software and the competence of the IT team.

Most importantly, a cloud data warehouse is more cost-effective than its conventional counterpart.

So, if you are in the market for a data warehouse solution, then be sure to discuss your needs with an MDSap expert.

With giant leaps in technological innovation, accessing mountains of data is easier than ever. But why are data and analytics so important from a business perspective? Because it helps enhance business proficiencies and processes.

Companies today are quickly realising the importance of big data platforms and business analytics and the manner in which it can lead to significant organisational improvements and transformations.

What is Business Analytics?

Business Analytics like SAP Business Analytics focuses on exploring an organisation’s data in an iterative and methodical manner. It greatly emphasises the statistical analysis of data.

Companies worldwide use business analytics to make decisions that are data-driven. For them, data is a corporate asset which can give them a competitive edge over industry rivals.

The success of business analytics is possible only when the focal point is on the quality of data and intelligence being mined from it.

What is the Scope and Application of Business Analytics Within Organisations?

Costs to operate businesses are rising significantly. Therefore, technological advancements present companies with the opportunity to concentrate on increasing revenue generation whilst cutting down on operational expenses. By gaining insights into the foreseeable future, companies are able to improve their operational arrangement.

Having said that, it is not surprising that the scope of business analytics is seemingly expanding even more. This is simply because more and more mainstream companies are using analytics skills to enter the big data game.

Delving into business analytics demands the right attention, right technology, right people, right culture and top management commitment to function successfully. However, having the right applications on board is equally essential.

How Can You Plan Your Business Analytics Implementation?

Prior to evaluating the data, businesses need to answer some key questions.

• With so much data available, which data should be evaluated and where should it be sourced from?
• Which tools and technologies can help in this analysis?
• How can the company implement the insights drawn post assessing the data?

The insights extracted from analysing data trends help to find problem areas and gaps in the overall business operations. Interpretation of the market trends and loopholes means that you can take action to ensure that alternative ways of working are considered. The end objective, of course, is to make the business more productive and efficient.

The next step involves defining the business goal of why there is a requirement for the analysis to be conducted. You need to identify the most appropriate analytics methodology that will support your analysis goals.

To mine the relevant insights and intelligence from deploying business analytics processes, you will need to ensure that your business systems are in sync with the big data platforms. At the point of data extraction, the information needs to undergo filtering and cleansing. This is then integrated with a data warehouse, like the SAP Data Warehouse which acts as the single repository for the information.

Generally, an initial analysis is performed with a small data set sample.

This can be achieved using different types of business analytics tools. Spreadsheets with statistical functions are most common. However, complex data mining applications and predictive analytics models can be used to generate advanced level insights.

You will see trends, relationships and patterns emerging. In fact, the analytics process may be repeated until the goals of the business have been met.

The Bottom Line

To become a customer centric business, you must have data analytics as your central element that connects every arm of the company.

To fulfil your business analytics needs, get in touch with MDSap to know more about SAP business analytics and how it can benefit your business enterprise.

The human resources division is a core function of any business enterprise. It plays a complex and dynamic role in being entrusted with the responsibility of managing human capital management.  

What Is Human Capital Management?

Human capital management simply refers to the task of managing people within the purview of the organisation. This can include various functions such as talent acquisition, management, and optimisation.

There are several digital HR solutions that have automated a lot of the human capital management process. In fact, companies can deploy tailormade human capital management software that can enable them to meet their organisational strategy and goals.

4 Ways to Improve Human Capital Management at Your Company

Look at these 4 tips that can help boost human capital management in your business.

1. Look Beyond Recruiting and Onboarding

Employee engagement is the very nerve centre of any business. It is the backbone that drives performance. Employees’ disengagement with the organizations can be detrimental to the business. Such employees fail to understand the business objectives and where and how they fit into the scheme of things.

Companies can enhance the level of employee engagement depending on how they approach the entire employee lifecycle. Employees can be happy and satisfied when it goes beyond the usual recruiting and onboarding process.

2. It is Important to Connect with Each Employee

When our employees don’t feel supported, emotionally secure, and safe, they simply cannot do their jobs. This means that companies must accept employee well-being as a top priority and keep them engaged and motivated. This means connecting with each individual employee and appreciating their contribution to the business.

The human capital management software plays an integral role in this instance. With the help of this digital HR solution, the organisation can differentiate and identify the superlative employee and team performances in dynamically transforming work environments.

3. Employee Development Should be the Focal Point

While the two main reasons that push employees to change organizations are salary and benefits, career growth and opportunity within the organization are not far behind.

Employees are not interested in monotonous tasks that require minimal effort. They wish to develop skills to continue challenging themselves. By using their minds constantly to enhance their skills, employees can keep themselves attuned to the organization. 

4. Employees Need to Work Around Company Goals

A business plan along with a list of goals that you wish to meet is the basis of running a successful business. To ensure that you do achieve success, you need to get your workforce engaged with these business goals.

Targets should be set on a monthly, quarterly semi-annual, and annual basis that reviews employee performance against goal achievements. Employees can be incentivised if their performance exceeds expectations, thus ensuring that they remain engaged participants within the workforce.

Employees like knowing their worth in the organizational framework. If they are aware of how their individual work is impacting the departmental or organizational success, that greatly works in favour of keeping them engaged in their jobs.

Invest in The Right Technology to Get the Most Out of Your Workforce

Implementing human capital management software makes a critical difference to an important aspect of the business. It generates valuable data and insights that can help the business to take data driven decisions.

Human capital management software helps the human resource department to understand the needs and expectations of the employees better.

The department can devise ways to mitigate instances of dissatisfaction, tackle complex challenges and offer a more wholesome experience to the employees.

In the market for a solution like this? Give MDSap a call today.

The corporate world has been obsessing over digital HR solutions.

Not sure what digital HR involves.

Let’s find out.

What is Digital HR?

HR including Human Experience Management is increasingly becoming dependent on technology driven solutions. Some would go as far as to agree that this has brought massive transformation to the way human resources functions as a core business division.

Digital HR is simply the process that helps to optimize social, mobile, analytics and cloud technologies and then leverage them to make HR function more effectively, efficiently and as a more cohesive business vertical.

What are the Basics of Digital HR?

HR becomes digital when these new technologies are applied to synchronise talent with organisational culture, business structure and company processes in order to strike the ideal balance between innovation and efficiency.

Digital HR also focuses on sustaining the measurable impact as a result of this continuous transformation process on the overall organisation.  

The basic premise of digital HR works on the following fundamentals:

1. HR Efficiency: Organisations consciously invest in developing technology platforms in order to better manage their HR processes. This is often executed via existing HR technology service providers.  

2. HR Effectiveness: Digital HR solutions are used here to upgrade people practices including staffing and training. It also looks into boosting performance management and communication.

3. Information: Digital HR generates information that is critical to creating business impact. With digital HR solutions, data becomes more accessible. Both internal and external data can be combined, integrated with big data platforms, and leveraged to generate relevant business insights.

4. Connection and Experience: HR can function successfully when it creates the right connection between people. Digital HR with the help of human capital management software leverages social platforms that trigger a feeling of bonhomie and belongingness.

How Digital HR Best Practices is Transforming Human Resources?

Here are the digital HR best practices that are bringing about a tectonic shift in human resources.

1. More Usage of Data & Analytics:

Human resources is increasingly understanding the value of data and analytics and its subsequent impact on the business. Whether it’s a case of candidate preselection, initiating learning, development, and training, or working on employee engagement programs, HR technology is using data analytics to measure the impact on every aspect of the employee lifecycle.

Many establishments have opted to integrate advanced platforms like SAP Business Analytics to make sense of the volumes of data that is being generated.

2. Future Proof Recruitment:

Implementing best practices of digital HR solutions ensures that you have a smooth recruitment process in place that offers a superlative experience to the recruiter and the candidate.

With access to data supported platforms, the business is able to initiate a proven candidate pre-selection process that in turn can be custom designed. This can be coupled with an AI based onboarding program.

3. Improve the Employee Experience:

Employees are increasingly being overworked today. The line between work and personal life is becoming more blurred by the day. This has led to employees being dissatisfied with their roles and overall work life.

Digital HR solutions work towards deploying programs that help employees strike the ideal work life balance. This means focusing on performing at work efficiently but having enough time to explore their passions and interest outside the purview of their professional lives. This does wonders to improve the overall employee experience.

Final Thoughts

If businesses wish to attract the right talent and retain them it can only be done with the help of proven digital HR solutions. Speak to an MDSap expert today to understand how it will benefit your business.