This essay has been submitted by a student. This is not an example of the work written by our professional essay writers.
Business Intelligence- Business Objects Enterprise
In the blues of economic situation, organizations tend to concentrate their capitals in organizing internal processes to gain competitive edge. According to analysis done by Microsoft, workers spend more than three fourths of their time in gathering information and just one fourths of time left to analyze and make decisions. The common existing tools used for reporting today are Excel spreadsheets which results in inaccurate data and fallacious decisions. Due to these problems, Microsoft started SQL Server 2000 Reporting Services project at the start if new millennium, with a strong perception that Business Intelligence will help in promoting better decision making at all levels of an organization.
Everyday new terms become part of our glossary, such as Business Intelligence (BI), Decision Support Systems, Data Mining, Online Analytical Processing (OLAP), Crystal Reports, SAS - ultimate goal of reporting is to simply "take out" and "put in". Data is useless if it sits in data warehouses, so to make it useful we need to present it in a useful manner. Reporting is a way to present the data which helps in making successful decisions. There are various reporting tools now a days prevalent in the market as IntelliView, MS-Excel, Cognos , SAP Business Objects (Crystal Reports), Informatica, Oracle OLAP, Hyperion etc. SAP being very popular now days has all the features organizations look for. A lot of companies had made transition from other reporting tools to SAP Business Objects (Crystal Reports). Let's see the few comparisons of reporting tools with Business Objects.
SAP vs. IBM COGNOS
In the trend of current market growth and demand for delivery of accurate and complete information, companies are managing to outstand their performances. Business objects after being acquired by SAP and Cognos by IBM are both highly experienced and both fighting to be on top. So we will analyze both on its strengths and weaknesses.
Provide complete, quick and accurate access to data
Easy to transform and publish resources in all languages
Provide one solution all over the world
Compatible analytic applications
One single solution all over the world
Information structure is flexible which leads to good scalability
Easy access to all resources all over the world.
Familiar and user friendly interface
Clear and transparent structure
Improved security and functionality
Adding users and hardware in equal ration leads to degradation in performance
Lack of appropriate tool for information storage
Some functions are not implemented in suit 8.User have to go back to former versions to implement that functions
Integration of different products is not good.
Results of data varies.
Changes in service need IT developer.
Software Substitutes for SAP Business Objects and Cognos
Both these platforms are highly popular in current market and it is a big ambiguity to decide which one is better. All the solutions mentioned below have certain merits an d demerits. Below scheme represents SAP BO tools used for tasks appropriate for Cognos substitutes.
SAP vs. Hyperion
The difference between both these tools can be figured out by reviewing their sales status. Business Objects managed to ranked high and dominates most of the market. Hyperion on the other hand is popular only with financials industries. Complete picture of their ranks consider SAP Business Objects as a leader and Hyperion standing at fifth place. It is predicted that Hyperion is not going to last long. It is outdated and reduces the chance for upgrade. Even Oracle Corporation is investing in Oracle BI Enterprise editions to keep itself strong with current market. On the other hand, BO provides its best features to users which are thought to be open, broad and integrated.
SAP BO leads the business intelligence market - Ranked at the topâ€¦Why?
User Friendly Interface
Usability & Ease of use
Focus on BI Only
Breadth of Functionality
SAP Business Objects Enterprise Edition XI 3.0
The SAP BI component, a part of SAP Netweaver platform, is a solution for the companies with ongoing advancements and ever increasing amount of data .It is a solution for wide data warehousing, querying, reporting and analysis. With SAP BI reports can be easily created, distributed and printed in multiple formats. And as a result of SAP's partnership with Business Objects, customers have additional reporting functionality including form based reports with pre-defined templates as well as custom based reports that meet user defined requirements. The latest major release of SAP Business Objects is Enterprise Edition XI 3.0. It is the most connected and interactive version which provides improvement over functional areas and innovations across business objects suite. The capabilities of XI 3.0. Edition are live office, querying, reporting, dashboards, data visualization, mobile and so on.
The key benefits for Business Objects XI 3.0 are as following:
Connecting users with reliable information, providing a complete BI solution to facilitate sharing of the information.
An interactive user friendly experience, making information easily accessible to users in a way they want, whatever they want, whenever they want.
An accessible BI solution, compatible with any application or database environment .
SAP Business Objects are designed to suit all types of enterprises; it can be large, midsize or small. It provides business intelligence solutions,, enterprise information management solutions, governance, risk & compliance solutions and analytic applications for large enterprises and on the other hand business edge solutions and free trails for small and midsize companies. A large number of organizations are switching to SAP BI- Business Objects Editions for their reporting needs. A few of them are mentioned explaining why they switched and how happy they are with their decisions by adopting Business Objects Enterprise:
BANK OF AMERICA:
As mentioned by Vice president of finance technology strategy, Shawne Bass, The fixed asset system used by bank earlier is quite obsolete to use for worldwide banking, Accounts payable -- especially in case of the worldwide banking system which is used in U.K. and Canada - more than three decades. So finally, BOA thought of refreshing its financial applications. BOA already uses Oracle applications through the possession of Maryland Bank and on hearing good reviews about SAP they decided to invite SAP to consider their case too. The market leadership belongs to BO which is 40% more than second biggest vendor- SAS. So it is ranked at the top in current market. BOA's scope -- what they particularly wanted to buy SAP for; included general ledger, Accounts payable, accounting hub, reporting, BI, forecasting and actuals integration, integration with the supply chain, integration with the Ariba purchasing system, and document imaging. They compared SAP and Oracle on multiple criteria:
Global Reporting Capability
Local Region support
Total Cost of Ownership
Product's Strategy & Organizational Impact
Ease in its Utility
Cost of ownership was broken down into hardware/architecture, utilization of application with its maintenance, software licensing, software training, and organizational change management. On April 30, 2008 SAP released the information that Bank of America has opted SAP ERP to further concentrate and improve the bank's internal financial reporting systems. The enterprise resource planning (ERP) application will provide BOA with a comprehensive worldwide operating system to improve its capability and assist continued growth with aid of its scalable platform.
Motiva Inc. is a leading provider of enterprise incentive management solution. Motiva has integrated Business Intelligence capabilities from business objects with new Motiva 8 enterprise Incentive Management solution. The effects of this integrated software are described as below:
It automates the planning, execution, communication and managing of the program.
It enhances the Motiva's we based architecture with business intelligence capabilities which leads to effective user experience.
At the customer end this software enables customers to identify trends effectively using efficient reporting and analysis capabilities and responds quickly to market shifts.
Users can run simulations to anticipate accurate results.