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Innovation Webinar - Using IFS Applications BI to drive business excellence
 

Innovation Webinar - Using IFS Applications BI to drive business excellence

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Studies show that best-in-class businesses—those with the best operating margins and turnover growth in their industries—have clearly defined objectives supported by a Business Intelligence ...

Studies show that best-in-class businesses—those with the best operating margins and turnover growth in their industries—have clearly defined objectives supported by a Business Intelligence solution. In this session, we’ll look at specific features in the IFS Applications Business Intelligence solution. See how easily these features can help you support strategic business initiatives and reach improved operational results.

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    Innovation Webinar - Using IFS Applications BI to drive business excellence Innovation Webinar - Using IFS Applications BI to drive business excellence Presentation Transcript

    • THE STREAM OF INNOVATION A WEBINAR SERIES FROM IFS © 2012 IFS
    • USING IFS APPLICATIONSBUSINESS INTELLIGENCE TODRIVE BUSINESS EXCELLENCERick Veague, CTO, IFS North America © 2012 IFS
    • IFS BUSINESS INTELLIGENCE3 © 2012 IFS
    • GARTNER DEFINITION“Business Intelligence is a broad category of applications and technologies for gathering, storing, analyzing, and providing access to information to help enterprise users make better business decisions.”4 BI-DEFINITION © 2012 IFS
    • WHY BI?ALIGNING BUSINESS INTELLIGENCE WITH THE C-LEVELToday’s executive leadership, forged in the informationage, has added a new instrument to its decision-makingtool belt. To complement the experience and business“feel” required for high-level management, seniorexecutives increasingly turn to the visibility and fact-based decision support provided by BusinessIntelligence and analytical methodology.With the ability to look deeper into their company’soperational activity and ask new questions of their data,with little or no IT assistance, top executives are nowmaking business analytics a strategic priority.Aberdeen Group, A-List Performance Using BI in the C-Suite, March 20115 © 2012 IFS
    • KEY PRESSURES DRIVING BITHE NEED FOR BUSINESS INSIGHT6 © 2012 IFS
    • MEETING STRATEGIC DEMANDSIFS BI SOLUTION7 © 2012 IFS
    • MEETING STRATEGIC DEMANDSIFS BI SOLUTION Best-in-Class businesses are: - 65% more likely to have executive-level ownership of BI strategy - 56% more likely to align operational activity to a strategic agenda8 © 2012 IFS
    • WHAT IS BUSINESS INTELLIGENCE?Operational Strategic Ad hoc Reporting Reporting OLAP Analysis Dashboards Web based, end user query for the creation of robust OLAP cubes and data Dashboards to calculate and and reporting tools that are production reporting. Key to analytics, including tools to present key performancetruly end user in nature. Key this is the ability to handle present and visually navigate indicators (KPIs), with theto this is the ability to handle complex data manipulation, data relationships, including ability to filter data and drill self-service query and exacting output formats, and the ability to explore data down to the underlying reporting needs – meaning the ability handle large data relationships and summary details simple access with robust volumes efficiently. and detailed levels reporting capabilities. Information View Business friendly view of data. This is frequently described as a form of meta-data, or a “semantic” layer, and is used to map the traditional complex relational view of data into structures and terms that are readily usable for reporting and analytical purposes. Development Tools MS Office for creating and managing meta-data and to support Integration development of BI Microsoft Office integration, applications with the ability to link “live” data to spreadsheets, Word documents and PowerPoint presentations 9 BI-DEFINITION © 2012 IFS
    • THE OLAP CUBEA QUICK TECHNICAL PRIMEROLAP: Online Analytical ProcessingAn OLAP cube is a set of data, organized in a way thatfacilitates non-predetermined queries for aggregatedinformation. OLAP is one of the computer-basedtechniques for analyzing business data that arecollectively called business intelligence. Source: WikipediaIn simple terms, an OLAP cube is the physicalrepresentation of the Star Schema, populated bytransforming transactional data. It represents a highperformance, ready to use snapshot of transactionaldata for analytic purposes.10 © 2012 IFS
    • MULTI-TIER BUSINESS INTELLIGENCE StrategicAnalyticalOperational 11 © 2012 IFS
    • MULTI-TIER BUSINESS INTELLIGENCE StrategicAnalyticalOperational 12 © 2012 IFS
    • MULTI-TIER BUSINESS INTELLIGENCE StrategicAnalyticalOperational 13 © 2012 IFS
    • MULTI-TIER BUSINESS INTELLIGENCE StrategicAnalyticalOperational 14 © 2012 IFS
    • OPERATIONAL VIEW: GRAPHICAL REPORTINGIN-CONTEXT OPERATIONAL ANALYTICSIN-CONTEXT OPERATIONAL ANALYTICS “Plug-in” Operational Analytics and graphical presentation on context data. Operational Analytics driven by real-time access to transactional data. Can also draw analytic data from OLAP data sources.15 © 2012 IFS
    • OPERATIONAL VIEW: GRAPHICAL REPORTINGIN-CONTEXT OPERATIONAL ANALYTICS Operational Analytics, Delivered “In Context”:IN-CONTEXT OPERATIONAL ANALYTICS - Less searching, less time consumed, more meaningful results “Plug-in” Operational Analytics and graphical presentation on context data. - Better comprehension of data, interpretation of trendsdata. Operational Analytics driven by real-time access to transactional - Better operational decision making sources. Can also draw analytic data from OLAP data - Improved operational results16 © 2012 IFS
    • ANALYTIC VIEW: POWER PIVOTS & SLICERS EXCEL POWERED BY ANALYTIC DATA SOURCES “Drag & Drop” Power Pivots, Data Slicers using Excel 2010 Powerful Analysis using Excel driven by data from OLAP data sources. Add a number of slicers (dimensions) Add a Pivot Chart 17 ANALYSIS PACKAGE © 2012 IFS
    • ANALYTIC VIEW: POWER PIVOTS & SLICERS EXCEL POWERED BY ANALYTIC DATA SOURCES Analytical Perspective with Ready-to-Consume 2010 cubes: “Drag & Drop” Power Pivots, Data Slicers using Excel data - OLAP data sources makes Excel “come alive” data sources. Powerful Analysis using Excel driven by data from OLAP - Faster analysis of data, using familiar tools (Excel) - Better security / data access controls - Less time preparing data, More time generating information Add a number of slicers (dimensions) Add a Pivot Chart 18 ANALYSIS PACKAGE © 2012 IFS
    • STRATEGIC VIEW: KPI DASHBOARDSDASHBOARDS WITH ANALYSIS & DRILL DOWNSTRATEGIC KPI’S USING INTERACTIVE DASHBOARD “Interactive” Dashboards present Key Performance Indicators Drill down to underlying data for Business insight19 © 2012 IFS
    • STRATEGIC VIEW: KPI DASHBOARDSDASHBOARDS WITH ANALYSIS & DRILL DOWNSTRATEGIC KPI’S USING INTERACTIVE DASHBOARD Key Performance Indicators measure Business Strategy: “Interactive” Dashboards present Key Performance Indicators - Less searching, less data for Business insight insights Drill down to underlying time consumed, better - Little to no end-user technical skills required - Better comprehension of data, performance to objectives - Better support for strategic decision making20 © 2012 IFS
    • THE FOUR ELEMENTS OF A BI SOLUTIONTO PRODUCE MEANINGFUL RESULTS • Content (Meta- • Customer data, KPIs, Business Focus Cubes) Product Project Tooling Skill • Tools & • Sales & Technology Consulting Competence21 © 2012 IFS
    • USING BI TO DRIVE BUSINESS VALUEMULTI-TIER DATA VISUALIZATION – OPERATIONAL, ANALYTICAL, STRATEGIC The BI-Analysis Package which adresses C-level interests. The BI-Reporting Package which adresses the ERP end users.TIGHT INTEGRATION, DATA AND TOOLS Microsoft BI technology. Analysis Panels, Dashboards.READY-TO-USE, BI-SOLUTION Our cubes are built on a Data Warehouse concept. Our cubes are built on Information Sources.22 SUMMARY © 2012 IFS
    • www.IFSWORLD.com THIS DOCUMENT MAY CONTAIN STATEMENTS OF POSSIBLE FUTURE FUNCTIONALITY FOR IFS’S SOFTWARE PRODUCTS AND TECHNOLOGY. SUCH STATEMENTS OF FUTURE FUNCTIONALITY ARE FOR INFORMATION PURPOSES ONLY AND SHOULD NOT BE INTERPRETED AS ANY COMMITMENT OR REPRESENTATION. IFS AND ALL IFS PRODUCT NAMES ARE TRADEMARKS OF IFS. THENAMES OF ACTUAL COMPANIES AND PRODUCTS MENTIONED HEREIN MAY BE THE TRADEMARKS OF THEIR RESPECTIVE OWNERS. © 2012 IFS