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Modern enterprise applications are generating, gathering, and storing more information than ever before. Your ERP system alone produces data at an astounding rate because it contains all the data you need to manage your core business activities such as financial accounting, manufacturing, supply chain management, and human resources.
As Business Intelligence (BI) tools, data warehousing solutions, and enterprise data and application landscapes have advanced, it’s worth taking the time to rethink the old model, starting with the dichotomy between operational reporting and strategic analytics. There is a clear difference between operational reporting and BI, but they can and should work together. What you need is real-time reporting and deep business insights, so let’s explore what that means and how you can achieve it.
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