Comments on: Putting the ‘Business’ back into Business Intelligence

By: rob meldahl

rob meldahl — Tue, 29 May 2007 20:29:51 +0000

“The focus of CPM suite functionality is on uniting financial consolidation and reporting with the processes and systems used to support strategic planning and financial budgeting.”
In regards to this, imagine all financial transactions being recorded as double-dimension, rather than double-entry, in a data warehouse structure that allows one to produce complete financial statements as well as correlate revenues and expenses with products, business units, and customer demographics. A classic accounting journal is simply a pre-automated OLAP database.

By: Timo Elliott

Timo Elliott — Thu, 22 Mar 2007 08:52:01 +0000

The phrasing is Bill’s (or Intelligent Enterprise’s rendering of it)… To be fair, he goes on to say in the article: “In this case the term ‘application’ is about connecting the BI platform at the data level, the event level and the workflow level so it has a really good understanding of the context of business decisions and the rules that apply to that decision.” So I think the intent was is to include automatic BI… Thanks for the extra links.

By: James Taylor

James Taylor — Wed, 21 Mar 2007 23:24:56 +0000

Well I think #3 is better phrased as "Decision automation where the intelligence is actually embedded within the process itself." To talk about embedding existing BI applications in a process is to assume that all processes are manual (as only people can use existing BI tools). If you have automated business processes, and most companies have at least some, you need a new way to embed intelligence in that process. Check out this post for example. JT www.edmblog.com