• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Ultra Consultants

OUR INDEPENDENT ERP CONSULTANTS DELIVER 100% CLIENT SATISFACTION

  • Services
    • Back
      • Business Process Improvement
        • Business Process Reengineering
        • Business Process Analysis
        • Business Process Documentation
        • Business Process Mapping
        • Business Process Review
      • Enterprise Software Selection
        • ERP Selection
        • ERP RFP (Request for Proposal)
        • ERP RFP Preparation
        • ERP Readiness Assessment
        • ERP Selection Criteria
        • ERP Requirements Definition
      • Enterprise Software Implementation
        • ERP Implementation Plan Creation
        • ERP Data Conversion
        • ERP Reports
        • ERP Implementation
      • Industry Compliance Services
      • Business Process Transformation
      • Organizational Change Management
      • Enterprise Project Management
      • Get your roadmap for business process improvement
  • Industries & Clients
    • Back
      • Aerospace & Defense
      • Automotive
      • Chemical
      • Consumer Goods
      • Distribution
      • Electronic & Equipment
      • Food & Beverage
      • Industrial Equipment
      • Medical Devices & Products
      • Metal Fabrication
      • Pharmaceutical
      • Plastics
      • Read about driving ROI in your ERP project
  • Software & Vendors
    • Back
      • ERP
        • Discrete Manufacturing ERP Software
        • Process Manufacturing ERP Software
        • Distribution ERP Software
      • ERP Software for Sales and Marketing
        • CRM Software
        • Marketing Automation Software
        • eCommerce Solutions
      • Supply Chain Management Software
        • Demand Management Software
        • Transportation Management Software
        • Advanced Planning & DRP Software
        • Finite Scheduling Software
      • Product Lifecycle Management (PLM)
      • Warehouse Management Software
      • Manufacturing Execution System Software Vendors
      • Field Service Management Software Vendors
      • Learn about software selection decision drivers
  • Education
    • Back
      • Resources
        • Events & Webinars
        • White Papers
        • ERP Case Studies
      • Media
        • On-Demand Webinars
        • ERP Podcast
        • ERP Videos
      • Take Your Free ERP Health Check
  • Company
    • Back
      • About Ultra
        • Our Team
        • History
        • Awards
        • Careers
        • Independent ERP Consultants
      • News
        • ERP Media Coverage
        • Press Releases
        • ERP Newsletter
      • Read about choosing an independent consultant.
  • ERP Blog
  • Contact Us
    • Back
Home / ERP Blog 02.14.16 / The ERP Industry / Business Intelligence Trends: ERP and Business Intelligence
02.14.16

Business Intelligence Trends: ERP and Business Intelligence

Most manufacturers enjoy access to accurate and timely data managed by their ERP system. What’s key for overall business performance, however, is the ability for manufacturers to use consolidated data for powerful insight into context and trends. This is where business intelligence trends become important.

Beyond Data

business intelligence trendsERP systems adequately track functional areas of an enterprise, such as shipping, inventory, accounts receivable and more.  True business value comes from business intelligence trends, namely, business intelligence (BI) applications – the powerful, intuitive analysis tools that provide real-time, enterprise-wide insight for fact-based actions and intelligent decisions.

When an ERP solution integrates business intelligence, manufacturers benefit from deeper business insight.  Once business intelligence requirements are addressed, companies are better armed to make improved decisions about planning, forecasting, production scheduling, supply chain management and more.

From customizable dashboards to graphical charts, business intelligence reports gather, compare, share and analyze real-time data. BI applications drive business process improvement across the enterprise.

The Magic Quadrant for Business Intelligence Trends

Current insight into recent business intelligence trends area is provided by Gartner’s recent Magic Quadrant for BI.

As noted by Gartner, the dominant theme of the market in 2012 was that data discovery became a mainstream, with some key players in the ERP space providing BI and analytic functions.  The market also saw increased activity in real time, content and predictive analytics.

ERP and Business Intelligence Trends

Noted here is a round-up of BI capabilities from selected ERP vendors.

Business Intelligence applications from Oracle offer companies a comprehensive suite of tools including interactive dashboards, ad hoc queries, integrated scorecards and strategy management, and more.   Companies use Oracle’s BI tools for greater visibility into every aspect of their operation thought rich visualization, interactive charts, maps, and a range of customizable formats.  Flag issues, exceptions.

Microsoft’s recent upgrade of its Dynamics ERP software includes enhanced business intelligence features.  Users are better able to make informed business decisions via a wide range of reporting and analysis tools that effectively monitor, analyze, and plan.  The system accurately monitors current business activity, and compare it to historical activity and future plans to deliver contextual information companies need to keep performance on track.  Users can also browse inquiries and trace transactions.

Late last year, Plex Online Cloud ERP announced availability of business intelligence (BI) features. Users analyze business information stored in their ERP database and create reports to assist them in managing, forecasting and planning. Business intelligence trends and tools translate ERP operational data into graphical reports and dashboards that improve understanding of the data’s implications across a company’s operation.

Tweet
Share
Share

Categories: The ERP Industry Tags: Business Intelligence Software, Reporting

Related Articles

No related posts.

About Jeff Carr

Jeff Carr

Jeff Carr is Founder and CEO of Ultra Consultants, independent advisors, researchers and consultants serving the manufacturing and distribution industries with enterprise technology expertise. Jeff is a leading independent voice in enterprise technology, ERP selection, evaluation, implementation and business process improvement. Jeff’s organizations have helped 1,200 manufacturing companies transform business operations. Jeff’s results-focused career spans four decades serving manufacturers. He leads Ultra’s high-impact process improvement programs that leverage today’s technology. Jeff is a graduate of University of Illinois.

Reader Interactions

Leave a Comment Cancel

sidebar

Blog Sidebar

Let's talk about
improving your
processes >>

Read an ERP success story >>

View white
paper library >>

Subscribe to the Ultra ERP Blog

Insight right into your in-box! Enter your email address for email notifications of new posts and be "in the know."

By filling out this form, I acknowledge that I have read, consent to, and agree to be bound by, the terms of Ultra's Privacy Policy, and that I am subscribing to Ultra's ERP Newsletter.

As an independent consultancy, Ultra does not endorse vendors participating in educational content.

Categories

  • Careers
  • Continuous Improvement
  • ERP Best Practices
  • ERP Software Vendors
  • ERP Success Stories
  • News and Events
  • Project Management
  • Stories from the Field
  • Supply Chain Management
  • Technology Evaluation
  • The ERP Industry
  • Uncategorized

Stay Connected

Stay informed about ERP evaluation, selection and
implementation. Subscribe to Ultra's eNewsletter.

Social Media

FacebookTwitterYoutubeLinkedin

312-319-1411 | Copyright © 2020 Ultra Corporation | All Rights Reserved | Sitemap |

Website by Web Savvy Marketing