Enterprise data is fast replacing individual or collective instinct based judgement as the objective and comprehensive basis for almost all strategic and tactical decisions that executives take. With complex nature of enterprise data spread across business functions, analyzing and reporting on such data mandates a holistic solution for integration, modelling and reporting – a business intelligence (BI) solution
Enterprise wide BI solutions will enable executives to decipher trend and patterns in business specific metrics to generate meaningful and actionable insight. However, such solutions have traditionally involved significant implementation timeline, resource lock-in and effort commitment that covers
- Enterprise wide BI solutions will enable executives to decipher trend and patterns in business specific metrics to generate meaningful and actionable insight. However, such solutions have traditionally involved significant implementation timeline, resource lock-in and effort commitment that covers
- Creating custom data models, reports and dashboards as well as user security mechanisms using administration tools and desktop clients
- Continuous services monitoring and application maintenance in line with Oracle’s product patching and upgrade roadmap
Large corporations, often with global business operations, would typically have investment capability, technical manpower as well as risk propensity to implement these solutions. They have numerous executive MIS reporting formats, often varying across global management as well as enterprise IT application landscapes. Such complexity justifies extensive time, effort and cost commitments that will be apportioned to a large user base.
On the contrary, mid-sized enterprises would avoid committing to such organization level lock-in for a traditional, full-fledged on-premise BI deployment. Moreover, such organizations often have fewer BI power users, who prefer a self-service oriented, lean and easy-to-use, imparting higher degree of autonomy in data analytics and reporting.
For such scenarios, a cloud based enterprise BI platform enables streamlined BI implementation with significantly reduced timelines, operational steps and tools needed to source, model, analyze and report on data in a BI package.
With all solution components hosted on cloud, BI end users need to only access the BI platform over the web, run their analyses and reports to generate the insights that they need for critical business decision making.
No hardware configuration and software installation, no application maintenance and upgrade considerations.
That’s what can be called a classic self service BI!