A CRITICAL SYNOPSIS OF SAP’S VERSION OF BI (BUSINESS INTELLIGENCE)
For many years corporations have devoted most of their time collecting data using a range of software products with the aid of data processing techniques, for example, CRM (customer relations management) and ERP(enterprise resource planning) systems. Any system that deals with data entry has data capture, and terabytes of data is usually gathered. A number of years back, companies have been storing this data in locations where retrieving it hasn’t bore any fruits. Another impediment encountered by companies is the fact that information is internationally distributed. Companies have different units globally and thus the data is stored on varied systems, varied kinds of databases, OP (operating systems) and this is just another nightmare. Looking at the quantity of data that has accumulated over time, this will continuously grow exponentially. This can be observed from a negative or positive angle. To historians, historical data is very useful.
Companies these days need to stay on top of the game in terms of competition by making decisions based on accurate information. In the modern word, companies are asking specific questions; for example, what are the sales comparisons compared to the previous year? What kinds of merchandise are making a lot of proceeds? How can we predict income the next year? These questions are particulars to sales executives. Some relevant questions can be asked when, for example, making an analogy to the human resource department. Business intelligence provides answers to these critical questions.
What is BI or business intelligence? BI, which was previously referred to as BW (Business Warehouse), is SAP software that interprets large volumes of data into insight that ultimately promotes informed and better decisions. It assists workers make quick decisions and boost general productivity. There are specific solutions this Business intelligence intends to put in place. First, it attempts to amass the whole data and offer centralized site of access. This increases the value of the data in terms of performance. It also takes every business process, for instance, sales, human resource and marketing into consideration and integrates them into a single platform where it can easily be accessed by all employees. This enable companies make informed decisions. The critical question is how does SAP Business intelligence achieve this?
SAP Business Intelligence offers a data warehouse where an individual can easily retrieve information. This warehouse also retrieves data from various sources and integrates them into one platform. The business intelligence podium overhauls the data, by cleaning and storing in a model that can be utilized in the future. In addition, there are analysis tools which take a comprehensive view of reports and charts that outline important performance pattern. This job primarily is designed for the business consultants who will take the task of implementing these Business Intelligent solutions and assist the enterprise to be more completive in order to strike higher revenues. With these responsibilities met, an SAP Business consultant will add value to the enterprise or company.