Business Intelligence (B.I.) is the set of activities that transforms data into information, information into knowledge, and knowledge into plans that can guide the decision-making process at every level of the organization.
B.I. represents the key instrument for evolving towards increasingly efficient and strategic information management. The environmental features of Industry 4.0 have led to the development of an evolution process for information systems, based on the need to create databases and data warehouses able to integrate data generated along the entire supply chain with the aim of supporting performance analysis and forecast activities.
- Collects data and records KPI measurements related to all the industrial processes
- Generates just-in-time reports to support Process Managers and help monitor the metrics for the assessment and strategic management of processes.
- Continuous improvement of business processes
- Fine-tuning of performances thanks to real-time analysis of relevant data.
Analytics: the sedApta Suite component for Business Intelligence
Analytics is the O.S.A. suite component that supports all processes involving Business Intelligence activities, such as: Change Management, Monitoring, Production, Quality Control, Logistics, etc.
Through the Analytics Reporting Framework, the suite’s web reporting tool, Analytics generates reports to support decision-making activities for the strategic management of business processes.
Analytics calculates important KPIs to monitor the Supply Chain. The KPIs can be selected from catalogues, specific for company needs and complying with the ISO 22400 standard, or can be entered manually by users.
Analytics supports users in the configuration of analysis dashboards, through the definition of access rules and display options. At the end of each process instance, through Analytics it is possible to create new reports simply by selecting and applying data filters. The analyses can be saved to guarantee comparative monitoring of processes over time along the entire decision-making chain.
One of the main benefits offered by the sedApta tool is the continuous improvement of business processes, thanks to the integration of Analytics with the main software applications in use along the supply chain.
Analytics has 2 components:
Supplies functionalities for OLAP analysis. Thanks to its standard “contract views”, the tool can interface with all the repositories used along the supply chain for the collection of process data output, standardizing the KPI analysis process by gathering data from different functions and processes.
The web tool that contains all the reporting features of Analytics. Through a vast selection of dashboards and clips, both standard or custom made, the Analytics Reporting Framework allows users to display data and analyses from online data generation sources and from the Analytics BI Tool.