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The larger corporate issue is that the majority of end users will not be getting the information they need when they require it in the form they like ( typically louboutin Microsoft Excel ). Surprisingly, the vast majority of organisations could solve the problem easily, thanks to an existing information asset: the existing report output already produced by the organisation's current applications, data warehouses and third-party report providers.
Activating existing data:
Conventional wisdom says that existing reports cannot be used as a supply of data analysis or visualisation because they are static; they will not allow the user to ask questions concerning the data and to see different data views. Thanks to Report Activation, this is no longer true.: existing reports can now be transformed on demand into live, actionable data for easy analysis, without reviewing new database programming.
Most information systems typically provide a vast library of existing reports and business documents like invoices, purchase orders and bills of materials. Such systems range from legacy mainframes, ERP, HR, and payroll, industry specific core processing systems for banking, healthcare and retail, whether these systems are managed in-house or by an outside data processing firm. These reports are the chief source of knowledge in most businesses.
Using Report Activation technology to access existing report output from these systems provides a scientific solution to accessing required information without the need for programmers and other expensive IT resources.
Reported by IBM and industry studies, the typical billion dollar organisation has no fewer than 48 disparate financial systems in use throughout the company. Additionally, as much as 40% of IT budgets could be spent on data integration projects to draw these separate databases together.
Report activation technology allows the building of data extraction models that perform intelligent recognition and parsing of data functions within existing reports (typically in plain text of PDF format) Executed models extract desired information from these reports and transforms the data into usable, computer-readable formats. Extracted data can be loaded into valid data tables, complete with optional calculated fields of data along with the database lookups. The data extraction models have the ability to perform data sorting and filtering functions, along with the ability to combine data from other report sources.
The self-service capabilities of Report Activation can also translate readily compelling reductions to an organisations total cost of ownership (TCO) www.achbanker.com/home.php of its enterprise information systems. Because users of a Report Activation system are accessing data mined from archived report output rather than, for instance, live data from a production ERP system, the organisation can reduce significantly the amount of live seats to the ERP system.
So a Report Activation system can benefit companies with a dramatically faster and less complicated implementation cycle, extreme ease of use and ability to supply the right person at the right time, at a fraction of the complexity and price of traditional business reporting solutions and processes.
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