True or False: Data products are installed in the BDC component known as Datasphere.

The statement is true because in SAP Business Technology Platform, Datasphere is a component that serves as a foundational element for managing and analyzing diverse datasets. Data products are indeed installed within this component, allowing organizations to leverage data for various analytics and reporting needs. Datasphere supports the integration of data from multiple sources, enabling users to create structured data products that can be utilized across different business applications and processes.

The essence of Datasphere lies in its capability to provide a unified environment where data can be accessed, transformed, and analyzed efficiently. This is critical for businesses that require real-time insights and data-driven decision-making. Therefore, stating that data products are installed in the Datasphere component aligns with its established functionality and intended use within the SAP ecosystem.