Unpacking Decision Intelligence Platforms

Blog / Unpacking Decision Intelligence Platforms

Insights from Gartner’s Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain

Recently, the renowned research and advisory firm Gartner released a market guide that marks a significant milestone in the domain of data analytics and business intelligence. It released an extensive guide on Analytics and Decision Intelligence (A&DI) platforms, particularly in the context of supply chain operations. In this blog post, we delve deeper into it, unpacking its implications for organizations and exploring the reasons that got Gartner to select Pluto7 as one of the best decision intelligence solution providers in the supply chain domain. 

What are decision intelligence platforms? 

Gartner’s guide brings to the fore the pivotal role of decision intelligence platforms in business operations. These platforms, combining advanced analytics, artificial intelligence (AI), and machine learning (ML), turn voluminous data into actionable insights. As a result, they empower decision-makers with robust analytical capabilities, paving the way for precise, timely, and effective decisions. The transformational potential of these platforms lies in how they are evolving the role of data analytics – from merely a tool in the hands of business analysts to becoming instrumental in decision-making at the executive level.

Here’s what Gartner predicts about the future of these platforms:

• • By 2026, 75% of global enterprises will apply decision intelligence practices for logging decisions for subsequent analysis.
  • More than 80% of newly created supply chain applications will leverage AI and data science by 2026, leading to additional insightful information, predictions, and suggestions.
  • By 2026, data stories will be the most widespread way of consuming analytics, with 75% of stories being automatically generated using augmented analytics techniques.
  • The convergence of analytics and business intelligence (ABI) with data science and machine learning (DSML) platforms will lead to 50% of organizations evaluating them as a single platform by 2026.

Businesses are becoming increasingly aware of the power of decision intelligence platforms, and their role in enterprise growth cannot be understated.

Why Pluto7’s Decision Intelligence Platform is a Game Changer

Pluto7’s Decision Intelligence Platform, named in Gartner’s guide as a representative vendor, offers an industry-leading solution tailored to supply chain operations. This platform’s standout feature is its integration capabilities with existing systems like SAP. Such integrations allow for a smooth, continuous, and synergistic flow of operations, enhancing overall business efficiency.

Pluto7’s platform has been designed with a key focus on SAP users, understanding the complexity of SAP data and the vital role it plays in many organizations. Google Cloud Cortex Framework comes into play here, providing a powerful data integration and management system that takes SAP data to the next level.

The integration of SAP with Google Cloud opens up the potential for advanced analytics and insights powered by Pluto7’s decision intelligence platform. This integration, facilitated by Cortex, allows businesses to take advantage of advanced analytics and Generative AI capabilities that were previously unreachable within traditional SAP environments. This powerful integration provides SAP users with deep insights and predictive capabilities, thereby enhancing their decision-making process.

To better understand the role of Pluto7’s decision intelligence platform and how it fills the gaps left by traditional ERPs, let’s look at the table below:

Business Needs	What Pluto7’s Decision Intelligence Platform Offers
Timely decision-making	Rapid time-to-insight through AI-driven analytics
Minimization of human biases	Use of machine learning and AI to limit human error
Informed decisions at scale	Large-scale data processing for decision support
Bridging data and decision makers	Democratized analytics bringing function closer to decision-makers
Exploration of wider data sources	Access and analysis of data from various sources
Automation of decision flow	Automated decision processes reducing manual intervention
Enabling non-technical users to analyze data	User-friendly analytics tools minimizing technical expertise need
Uncovering hidden insights	Predictive analytics to identify unnoticed patterns and trends

Key Capabilities

Pluto7’s platform is designed with an array of capabilities, each one built to address a distinct aspect of analytics and decision intelligence. These include:

• Data Hub: This feature handles data management and visualization, allowing for near-real-time visibility of data from the business ecosystem. It generates a single, harmonized supply chain data layer that captures, integrates, and enriches data from various sources.
• Supply Chain AI-Driven Simulation and Optimization: Pluto7’s platform provides AI/ML algorithms for what-if simulations, predictions, and suggestions. This allows for the development and publishing of customer-specific apps, aiding in the optimization of supply chain processes.
• Closed Loop Model Improvement: The platform is capable of self-learning based on decision audit data, enabling continuous improvement and optimization of its analytical models.
• Prepackaged Apps for Leading Use Cases: To support leading use cases, Pluto7 offers prepackaged apps that can be configured to cater to individual client needs.

Leveraging Generative AI to make data accessible for all 

One of the critical components making Pluto7’s Decision Intelligence Platform stand out is the robust integration of Generative AI capabilities driven by Google Cloud’s Vertex AI.

Pluto7’s Decision Intelligence Platform is more than just a repository; it is the converging point of diverse data sources. Its strength lies in seamlessly merging data from various corners of an enterprise, including those flowing from within and outside the SAP environment.The platform can integrate data from Salesforce, assimilate external data such as Google Trends, and even incorporate partner data from vendors. This creates a rich and broad data canvas that businesses can explore to derive in-depth insights.

This unification of data becomes achievable with the power of Google Cloud’s Cortex Framework. It gives structure and coherence to your data on Google Cloud, forming what we refer to as the ‘data foundation’. This data foundation is the essential stepping stone to unlock the transformative potential of AI and Generative AI. Without this stable groundwork, the full spectrum of AI capabilities cannot be effectively harnessed.

With this foundation in place, the platform leaps forward, employing Vertex AI’s Generative AI capabilities to draw out valuable insights and generate data-driven responses. The insights, born from the structured view of your data, are presented via a conversational, chat-like interface on Pluto7’s Data Platform. This design ensures that the interaction with data is intuitive and accessible, regardless of a user’s level of technical expertise.

Use Cases for Pluto7’s Decision Intelligence Platform

Pluto7’s decision intelligence platform is versatile, with a broad array of use cases that cater to both supply chain and marketing needs. This versatility makes it a comprehensive solution for a wide range of business requirements.

Use Case	Questions You Can Ask Your Data
Demand and Supply Planning	What will be the impact on my supply chain if a particular supplier faces a disruption?
Marketing Campaign Optimization	How will a sudden surge or drop in demand for a product affect my inventory levels and production plans?
Informed decisions at scale	How can we increase our campaign ROI?

Choosing the Right Decision Intelligence Platform 

Gartner’s announcement and the subsequent recognition of decision intelligence platforms underscore their crucial role in today’s data-driven business landscape. Pluto7, with its comprehensive platform, stands out in its ability to provide deep insights, integrate with SAP, offer customization options, and ultimately drive efficient decision-making.

Ready to transform your business with decision intelligence?

Join our exclusive Pluto7 Workshop Powered by Google Cloud, where we can collaborate on a pilot project meticulously tailored to your unique business needs, be it in the supply chain, manufacturing, sales, marketing, or finance.