Operational Business Intelligence
Provide Insight When Time is of the Essence
Enterprises are continually seeking ways to reduce operating costs and increase efficiency. Today, organizations are increasing investments in technologies to enable them to extend the decision-making power to front-line workers and managers, allowing for better-informed and effective execution of business processes.
Operational Business Intelligence Provides the Answers
Operational business intelligence (BI) is the on-demand capture and analysis of operational data at timely intervals for the purpose of taking immediate action to improve a business process. This data can be about customers, financials, products, services, patients, inventory and prices, anything that might influence someone to do something, now.
Operational BI helps answer day-to-day business questions such as:
- What is my customer’s order status? What can I offer based on customer’s life-time value?
- What is my current inventory level worldwide? Is it sufficient to meet demands?
- What is my production yield right now? Am I at par with acceptable standards?
- What is our current risk profile? Can I make this move and still be ok?
This analysis technique differs from traditional BI, which involves trend analysis and forecasting by executives and analysts who need to plan over longer periods of time.
A recent Business Intelligence Network™ article provide more detail on Operational BI versus traditional BI.
Operational BI Requires A Different Kind of Data Integration
Managers and knowledge workers must be able to work directly with integrated data that is easily available when they need it, in a form familiar to them. Without this data, they are flying blind as they try making immediate tactical decisions using old or incomplete data.
Your managers and knowledge workers require:
- Access to All Types of Data. Access data throughout the extended enterprise, including packaged applications – SAP, Siebel, and Oracle Applications – homegrown systems, data warehouses, marts, documents, and spreadsheets.
- Access to Real-time data. Access both current and historical data
- Combine Related Data. Combine siloed data to provide relevance and new meaning.
- Reporting Tools of Choice. Simplify consumption.
- Fast Response to Requests for More Data. Quickly provide additional data for changing needs
- Low Costs. Efficiently design, deploy, and operate.
Traditional data integration techniques cannot meet these requirements. Hand coding requires too much work and takes too long. Passing extracts helps with access, but is not always timely. Data marts and warehouses aren’t flexible enough, and tend to be expensive to build and maintain.
Composite Provides the Insight For Operational BI
Composite provides the information you need to meet your operational BI requirements. Only Composite lets you:
- Get the data you need. Access and combine your breadth of operational and historical data. Certified views of common objects in SAP, Oracle EBS, PeopleSoft, Siebel, and Salesforce.com remove complexity. Security enabled.
- Get it now. Today’s data now, not yesterday’s data tomorrow. Fulfill new requirements in just minutes. Pre-built reports for leading applications provide a jumpstart.
- Use the dashboard front end you like. Integrate data into any front end dashboard or workbench solution. Standards-compliant. Future proof.
