Be the first to like this
The wide range of processes within the successful business, from planning to strategic implementation, requires accurate and ready information throughout. The cast of personnel involved across the business operation requires widely varying types of information to perform their assignments. In all, the successful business requires a powerful Business Intelligence technology.
Discussion covers the constitution and requirements of the effective Corporate Information Factory (CIF) Architecture. The Data Warehouse component of the CIF Architecture must be a flexible and reliable store of company information that allows a high degree of differentiation in data selection, modeling and analysis.
Next, the ETL processes — extract, transform and load — are responsible for accurately populating the Data Warehouse with information and enabling the use of this data. Again, differentiating methodologies, along with validating performance testing, must be accommodated.
Third, Business Intelligence tools for multi-dimensional analysis, budgeting and forecasting, efficient reporting, and data mining for enhanced insight assure the proper information is accessed for each specific business process. Developing and implementing the CIF Architecture involves definition of short-, medium-, and long-term objectives for the system as well as definition of the elements involved.
When a company implements a Business Intelligence technology, it is important that risk factors be identified and evaluated, including the scope and degree of difficulty of information integration, speed and adaptability, utility and practicality for the employee, and long-term effectiveness.
Schneider Electric Business Intelligence services are based on the company’s vast experience in helping organizations define their BI policies and develop their BI Architecture. It offers a productive competence center for consulting support, a proven product portfolio that allows efficient and effective development of specific BI solutions, and highly reliable technical assistance for specific needs or longer term. Several successful Business Intelligence technology solutions implemented by Schneider Electric are described.