SAP, IBM and Others Face Oracle's Double Barrel for India 2010 Reporting Tools Glory
The Business Intelligence (BI) industry has spent decades perfecting the process of data collection, storage, cleansing and distribution – with good reason considering the mounds of data amassed in corporate data stores today. Taking BI to the next level means not only transforming data into information, but also getting it into the right hands, at the right time and in the correct format to be used for timely decision- making. BI is not about exclusivity, it’s about every player in the corporate network having the information they need and the tools necessary to turn that information into sound decision-making.
The key to making informed decisions is having the right data in the right place at the right time. Executives and line managers rely on BI and reporting tools to deliver timely, accurate, and relevant data for both strategic as well as operational decisions. A key issue is that all parties in the corporate information supply chain have different requirements regarding BI and reporting tools.
- Users of enterprise reports and BI need information in the proper format, regardless of the origin of the data or how many sources contain the necessary components.
- Application developers and system architects need a way to reduce the time they spend making custom reports.
- IT managers need a way to control access to backend systems, safeguard data, and reduce the amount of data replication used to feed BI tools.
- Which customers are the most profitable? Why is that? How do we raise the profitability of those customers who fall short?
- Where are manufacturing and inventory bottlenecks? How can efficiencies be created in these areas?
- What is driving support costs? How can these costs be decreased?
- Which sales channels perform the best with new products? Which are more profitable? What is it about their product mix or discounts that make them so? And so on…