As businesses are striving to equip themselves with a unified view of their data from various sources to leverage a comprehensive view of their operations, relying on a dispersed set of information might not be the right way forward.
One study by IDC demonstrated the extent to which data silos impede productivity as it found that businesses lose an average 12 percent of their annual revenue due to data fragmentation.
To solve such issues for Oracle users, global provider of connected solutions, insightsoftware has introduced the “Put Oracle Data in Charge of Your Business” campaign to help empower businesses to overcome these challenges by leveraging the power of their data.
Warning of the dangers of data scattered across departments “like a puzzle with missing pieces,” insightsoftware reminds us that this fragmented landscape, where information lives in isolated silos, creates blind spots for the business. At the same time, manual data consolidation is time-consuming and susceptible to errors, hindering timely and accurate reporting.
Such lack of a unified view can also lead to conflicting reports and metrics with disparate data sources, making it difficult to track progress; inefficient decision-making – hindering the ability to react quickly to market changes; and wasted resources by reconciling data discrepancies and manually piecing.
As part of its strategy to further benefit from its Oracle investment and eliminate data silos in Oracle ERP data, insightsoftware offers support with two tools – Angles for Oracle and Reporting for Oracle (R4O).
Tailored to the application environment, Angles for Oracle can contribute with a context-aware, process-rich business data model, a library of 1,800 pre-built, no-code business reports and a high-performance process analytics engine for Oracle Business Applications, including E-Business Suite and Oracle Cloud Applications (OCA)/Oracle ERP Cloud.
As an integrated solution, Angles helps unlock enterprise data and gain actionable insights, provides a self-service interface to create reports or dashboards for business users, as well as performs searches using everyday business language rather than highly technical query languages like SQL.
In turn, insightsoftware’s R4O helps gain deeper insights by helping provide accurate, up-to-date data from Oracle to a business user’s tool of choice – Excel, web or Power BI.
It also contributes by creating speedy reports with flexibility, without the need to rely on IT or have specialized technical knowledge.
With an overwhelming amount of large companies having instances of Oracle ERP across the enterprise, dispersed geographically, vertically by brand or across departments, this might create division as some might be in the cloud and some on-prem. This is where Angles and R4O can especially consolidate those instances of Oracle ERP data.
While operating in a target-driven environment where more optimization is expected across business departments, a further focus on eliminating data silos and fragmented reporting might be one of the quickest ways to enhanced productivity and employee satisfaction.
