2013-12-27 06:29:19 - Traditional Business Intelligence (BI) tools offer data and analytics within hours or days of an event. In the past, this was good enough, because there were no options available that could produce results any sooner. Now, with the help of companies like VSSOD and their OpsVeda tool, businesses can finally have access to on demand business intelligence, and use it to take control of their data and prevent situations and exceptions from becoming full-blown problems.
Are you tired of being forced into a reactive mentality because your data is only available for analysis after an event has occurred?
If you could access your business data in real time, how would it change the way you operate?
Prevention is the name of the game when it comes to business – you want to make sure that you are providing top quality products and services, and that your customers are happy. Things are going to happen, and occasionally there will be someone who isn’t happy, or a product that isn’t the best it could be. A service might be performed to a less than optimal standard, and any of these things could cause a disturbance in your otherwise
peaceful data streams. In short, an enterprise risk management framework is essential to catching issues early on.
OpsVeda comes to the rescue by streaming current operational process exceptions in real time, monitoring trends in Key Performance Indicators (KPIs), and using this information to predict potential delays or impending problems. While OpsVeda helps recognize patterns in current and past execution data, it is helping you to see the bigger picture sooner than you might have been able to otherwise. Before the ripple in the pond becomes a tidal wave, OpsVeda can suggest prioritized action and help you diffuse a situation before it can cause irreversible damage to your business.
Thanks to the incorporation and leverage of the SAP HANA platform, OpsVeda’s predictive analytics tools can analyze large amounts of supply chain information in real time, providing businesses with a way to view vast amounts of enterprise and partner data to discover solutions from an operational perspective. The OpsVeda tool also makes use of proprietary extractors to collect data from backend ERP systems, legacy systems, as well as carrier, partner, corporate, and industry data streams and consolidates it all into a suite that is available to users in the form of a convenient and user-friendly browser-based interface.
Business users can now make critical business decisions in the moment without having to wait hours or even days for their data to come in, and without even more time spent on analysis. With a tool like OpsVeda, users can access real-time analytic charts or view a listing of exceptions, and use this information to quickly locate the source of a problem, whether it be an individual transaction or a trend that is beginning to develop.
As a business owner, the last thing you should be worried about is how you are going to collect, consolidate, and interpret your data. Businesses of any size can quickly accumulate more data than they know what to do with, and spend countless hours poring over it just to make sense of the information they have been presented with. OpsVeda tracks the transactional reports, BI reports, partner and supplier updates, and any other data streams that you monitor and presents them all to you in a format that is easy to understand and work with.
Get rid of report clutter, increase operational productivity, and give yourself access to the information you need when you need it! All of these and more are excellent reasons to explore the options presented by the OpsVeda tool and how it could be incorporated into your business analytics to produce the best possible results!