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Today, in the age of big data, information is being generated on a massive scale and it has become a critical business imperative to integrate and manage diverse data sources. Because information is valuable only when it flows.
Integrating data from multiple sources can open the door to new ideas, innovations, solutions, and opportunities for organizations. It allows access to a wider range of data sources to uncover hidden insights and make truly data-driven decisions.
According to Forbes, 80% of Business Operations leaders, including those from service delivery, manufacturing, and supply chain, say data integration is critical to their success.
Let’s take a quick look at the benefits of integrating data from diverse sources.
- Unified data
Data unified in a single repository makes the data acquisition process simpler and faster. It creates better organizational alignment and reduces the resources involved in procuring and processing the data.
- Better collaboration
Traditionally stored data leads to different groups working with different versions of a data set or outdated data, which can lead to confusion or erroneous conclusions. Integrated data allows all groups to work with the same information.
- Streamlined operations
Data shared with manual requests and preparation slows down work. However, streamlined, centralized data helps operations teams function better.
- Saved time
Integrating data from multiple sources saves time by removing the need for manual data transfer from group to group. This is especially useful when different groups have overlapping data needs or can easily access data simultaneously.
- Reduced manual errors
Eliminating manual steps from processes removes the scope of errors, reduces overall risk, and adds efficiency.
- Improved predictive analytics
The more data sources available to analytics platforms, the better, as they widen analysis possibilities, empowering creativity and innovation. This also allows more users to take control of business analytics and the long-term benefit of building a data-driven culture.
Where Orbit Fusion Analytics comes in
Let’s consider a scenario in which a retail company with multiple sales channels wants to better understand its target customers, but has its customer data scattered across various systems. This is where Orbit Fusion Analytics comes in.
Orbit Fusion Analytics will help in integrating data from all the different sources like online sales, physical store sales, social media interactions, etc., into a central source. The company can then access the data immediately, enabling advanced insights and quick decision-making.
Fusion Cloud Analytics from Orbit is a comprehensive solution for Oracle Fusion Cloud Applications, supporting data extraction, modeling, and advanced analytics. Orbit Fusion Analytics allows users to smoothly integrate Oracle Fusion Cloud Applications data and third-party data sources to gain deep insights with prebuilt KPIs and dashboards. With enhanced monitoring of business performances, operations are also scaled with data-driven insights, and complex challenges like maintaining liquidity, managing expenses, and identifying cost-saving opportunities are tackled.
In short, Orbit Fusion Analytics is a one-stop solution for data extraction, modeling, and prebuilt analytics.
Why Orbit for Oracle Fusion Analytics?
For starters, Orbit delivers instant value with ready-to-use KPIs, metrics, dashboards, and reports. Orbit’s seamless integration with Oracle Cloud ERP ensures effortless data analysis while delivering fast, reliable insights with prebuilt data models, with no coding required.
Unbeatable Features and Benefits that set Orbit Fusion Analytics apart
It is not without reason that users of Orbit Fusion Analytics stay ahead. Incremental updates align with Oracle Cloud ERP releases, which help keep analytics sharp and up-to-date. Here are some key advantages and benefits of using Orbit for Oracle Fusion Cloud Reporting and Analytics –
- Seamless Data Extraction
Extracting data from Oracle Fusion Cloud Applications into existing data warehouses or modern cloud data warehouses like Oracle Autonomous Data Warehouse (ADW), Amazon AWS Redshift, Snowflake, and more, is smooth and seamless. As is performing full and incremental data extracts with ease.
- Prebuilt Data Models
There are prebuilt data models tailored for various subject areas. These models are easily extendable and can incorporate data from other applications, providing a robust foundation for all analytics needs.
- Advanced Analytics and Visualizations
Users can leverage cutting-edge analytics with modern visualizations that cover all major subject areas of Oracle Fusion Cloud Applications and also gain actionable insights through intuitive and interactive dashboards.
- AI-powered Insights
Oracle Fusion Analytics users can harness the power of AI to quickly derive valuable insights from data models and make informed decisions faster and more accurately.
- Enhanced Security
As an Oracle Gold Partner, Oracle Fusion Analytics users are provided the same data security setups as Oracle Cloud ERP. The entire process of user authentication, data governance, and data security is intuitive with Orbit Analytics.
Users get the advantage of using Quicklets for Oracle Fusion Applications. Quicklets is Orbit’s unique tool that provides targeted information with just a click, streamlining access to critical data.
Offering the best Prebuilt Data Models with high-level Features and KPIs
Orbit Fusion Analytics offers prebuilt data models for real-time, self-service reporting and analytics directly from Oracle Cloud ERP (Oracle Fusion) applications, allowing users to tackle critical business questions and make informed decisions easily. Some popular and unique prebuilt data models are –
- Account Payables – For better payments and cutting out the risk of incurring penalties
- Account Receivables – To gain customer insights and manage better cash flows
- Procurement – For improving procurement processes and supplier performance
- Projects – For monitoring performance in project execution
- Cash Management – To monitor and manage cash flow
- Fixed Assets – For tracking and managing the Asset Life Cycle
- Grants – To provide transparency into the status and financials of grants
Orbit’s Comprehensive Embedded Reporting & Analytics Ecosystem is a powerful solution to integrate data insights into workflows seamlessly. Users can embed real-time analytics directly within their systems so that key decision-makers can have instant access to operational dashboards, KPIs, and other vital metrics.
It is an ecosystem with features like customizable dashboards, mobile access, and a scheduler for automated reporting. Orbit also integrates with various enterprise systems, including Oracle Fusion, EBS, and other ERP applications, empowering organizations to streamline reporting processes and make data-driven decisions while interacting with data through a low-code or no-code interface.
The Future of Business Intelligence with Orbit Fusion Analytics
Orbit Fusion Analytics is equipped to take Business Intelligence (BI) to great heights and a level that will drive future success. The platform’s continuous development, particularly in AI and broader integration support, is aimed at transforming the way organizations leverage data.
Enhanced AI Capabilities
An exciting future development in Fusion Data Intelligence is its enhanced AI functionalities. Orbit Fusion Analytics uses advanced machine learning algorithms and AI-driven insights, to enable more predictive and prescriptive analytics allowing businesses to not only monitor past and present trends but also forecast future scenarios with greater accuracy. Using AI for integration automates most of the data preparation and analysis, and enables dynamic decision making, with AI recommended steps to take based on real data.
Orbit Fusion Analytics also uses Natural language processing (NLP) which allows users to interact with data through conversational interfaces, without the need for technical experience, thus leading to the democratization of data analytics.
More Integration Support
With more integration support, the number of compatible data sources with Orbit Fusion Analytics are increasing rapidly. Whether cloud applications, on-premise systems, and third-party software, the compatibility of data sources expanding will help businesses unify data from diverse sources into a single platform. In a future where companies rely on multiple SaaS tools, legacy systems, and modern data platforms, seamless integration will be critical.
By supporting API-based connections and cloud-native technologies, Orbit Fusion prepares organizations to break down data silos and embrace more cohesive BI strategies.
This is especially important as data continues to scale in volume and variety. Orbit Fusion’s architecture is future-proof, and ensures that businesses can continue to scale their BI operations as their data ecosystems grow, without being constrained by integration challenges.
Future-Proofing Businesses
Orbit Fusion Analytics is addressing tomorrow’s BI challenges today. With its continuous advancements in automation, AI, and integration capabilities, to sharpen real-time decision-making and data-driven agility, Orbit is making sure that organizations can step successfully into a future with proactive BI. Orbit’s low-code and no-code environments also help businesses adapt swiftly to changes without depending on technical assistance. Additionally, Orbit’s focus on data security and governance, will ensure that businesses will remain compliant with evolving regulations and best practices in data privacy.
In summary, Orbit Fusion Analytics empowers organizations to smoothly integrate data from diverse sources into a centralized source. With its power to leverage AI, support diverse data environments, and equip businesses with tools to thrive in a dynamic data landscape, Orbit Fusion Analytics is designed to enhance business intelligence and ensure organizations are well-prepared to face future BI challenges.
If you want to enhance your business intelligence and be future ready, explore Orbit’s data integration power which turns fragmented data into actionable insight. Get in touch with us today at https://www.orbitanalytics.com/contact-us/
