Public sector
Public sector
Public sector
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Corporate Performance Management<br />
Paul Barber<br />
President, PROPHIX Software<br />
Business intelligence<br />
for the public <strong>sector</strong><br />
Paul Barber looks at the challenges of extracting the right data to integrate with a true BI solution<br />
A true business intelligence (BI)<br />
solution simplifies information<br />
discovery and analysis, making<br />
it possible for decision makers<br />
at all levels of an organisation<br />
to easily access, understand,<br />
analyse, collaborate and act<br />
on information, anytime and<br />
anywhere. Unfortunately, typical<br />
BI solutions tend to support only<br />
traditional data sources that were<br />
designed to enhance business<br />
applications. Therefore, BI in<br />
the public <strong>sector</strong> only becomes a<br />
worthwhile investment when data<br />
trapped in several application silos<br />
is integrated.<br />
Solutions such as PROPHIX have<br />
the ability to integrate data from<br />
multiple sources into a single unified<br />
view of the business, making the<br />
most of the plethora of information.<br />
PROPHIX Software is the leading<br />
developer of solutions designed<br />
to automate financial processes<br />
including budgeting, planning,<br />
reporting, analysis, and performance<br />
management and helps solve the<br />
common challenge of the quality of BI<br />
information by improving the source<br />
data with its underlying technology.<br />
Data integrity involves a whole<br />
segment of the software industry<br />
devoted to improving the integration<br />
of data from existing systems. Extract,<br />
transform, load (ETL) tools are used<br />
exactly as it implies – extract data,<br />
transform it to make it more accurate<br />
or consistent, and load it into a<br />
database for eventual display – and<br />
are sold mainly to larger companies<br />
that have many legacy systems. Midsized<br />
companies that use enterprise<br />
resource planning (ERP) systems often<br />
have less of a need for ETL tools since<br />
the ERP takes care of storing data in a<br />
consistent format. However, even if a<br />
company has an ERP, it may be better<br />
to avoid allowing a BI system direct<br />
access to production data. Directly<br />
accessing real-time production data<br />
can cause performance issues with<br />
those production systems.<br />
A key component to the success<br />
of a BI application is an efficient and<br />
reliable data retrieval process; hence,<br />
PROPHIX Software embraces the<br />
superior functionality of Microsoft’s<br />
Online Analytical Processing<br />
(OLAP) database for BI applications<br />
– Microsoft SQL Server Analysis<br />
Services (SSAS), the standard<br />
OLAP database in the industry.<br />
The functional advantages of OLAP<br />
include the speed of data retrieval,<br />
flexible reporting capabilities, and<br />
sophisticated calculations that can be<br />
defined in the OLAP database.<br />
Previously called multidimensional<br />
databases, OLAP databases have been<br />
”A key component to the<br />
success of a BI application is<br />
an efficient and reliable data<br />
retrieval process”<br />
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