SAP recently announced the availability of SAP Predictive Analytics 2.0

SAP BI Platform is suitable for any Industry be it manufacturing, retail, healthcare, insurance, etc.  As far as pros are concerned it will be highly productive and seamless if you have SAP ECC or S/4HANA as your ERP system. The integration with SAP BI tools is flawless and I have not seen any other BI tool that works that well when we have SAP ECC as your ERP.This also doesn't mean that the SAP BI Platform only works well with SAP ECC. It works & perform equally as well with other sources like Oracle, Snowflake, SQL, etc.Another Pro is that this product is stable, scalable, and a true enterprise product.         Cons will be the licensing cost and the initial setup of the platform. You will need experts to set it up initially if you are thinking of an on-premise solution.                                                                                                                                                                                                                                                                                                                     

If you mean SAP BusinessObjects, then absolutely, as thousands of manufacturing companies around the world are using it today. The Pros are its stability and versatility in producing both operational and BI reports as well as ad-hoc analysis and dashboards. It's semantic layer is unmatched by any BI tool on the market today. SAP also announced a new roadmap for BusinessObjects in June that goes out more than 10 years both on-premise and in the cloud. The cons are the price but you can usually negotiate a good deal with SAP.

Have a big wallet if you want to be serious

Cost to setup and run is high as it is complex but then again one also gets a highly functional product. SAP do have a small business pricing so, at least, the licensing is not too expensive.