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Independent Study Finds Hybrid Cloud Analytics and BI Strategies Will Grow Revenue 15 Percent for Enterprise Businesses

May 23, 2018

WALLDORF — SAP SE (NYSE: SAP) today announced research findings from leading industry analyst, Forrester Consulting, indicating that cloud is vital for enabling greater analytics and data maturity.

In the Forrester survey commissioned by SAP, 82 percent of companies agree a hybrid cloud approach is a critical next step in the evolution of their analytics-business intelligence (BI) strategy.

The study found that as digital businesses thrive and digital transformation continues to rise, firms looking to remain competitive need more than the traditional bare-bones, stand-alone siloed analytics solutions. Organizations must dramatically increase the penetration of analytics (including user adoption) and empower more business users to make better, insight-driven decisions.

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