Aspect No. 3: Operational Business Intelligence for Proactive and Rapid Decisions in the Network
Aspect No. 3: Operational business intelligence for proactive and rapid decisions in the network
Clean and timely data flowing through the value chain provides an opportunity for analytics and reporting that can propel network BI or, more generically, operational BI. While traditional BI will continue to be important and strategic-particularly for large businesses-companies can benefit significantly by investing in enterprise-wide information architectures that support both forms (traditional and operational). Cloud-based, operational BI leverages network data to provide:
1. The capacity to react quickly to business needs and to anticipate business problems before they negatively impact value chain operations
2. Extended use of BI to a much wider audience to enable the ecosystem to be proactive as opposed to reactive
3. Information tailored to the user or partner in order to effectively accelerate the decision-making process and enable a truly "intelligent" value chain
Of course, migrating to the cloud does bring with it a number of potential challenges. For instance, most CIOs and enterprise IT professionals cite concerns around security, data loss, SLAs and data ownership. The truth is, not all business applications or processes may be ideal for the cloud at the present time.
However, the business benefits and economics of cloud-based, multienterprise solutions will effectively resolve these concerns over time, as it is the industry thinking that needs to change, not necessarily the technology. Looking forward, cloud computing will play an increasingly critical role in supply chain management operations, as companies look to evolve their technologies to deliver more nimble, optimized and adaptable value chains.
Karthik Srinivasan is Chief Technology Officer at E2open. Karthik is responsible for leading and establishing E2open's overall technical strategy. Karthik brings over 18 years of experience in the delivery and support of mission-critical software for Fortune 500 customers worldwide. During his tenure at E2open, Karthik has held a variety of customer-facing roles, leading the principal engineering team and product management, where he built the industry's first private directory based on Universal Description, Discovery and Integration (UDDI) (patent pending). Karthik has managed multiple customer implementations, and continues to provide technical leadership in sales, marketing and standard bodies.
Prior to joining E2open in 2001, Karthik was vice president of technology at Citibank, responsible for the implementation of mission-critical solutions for global corporate banking in distributed environments. At Citibank, Karthik helped create a common platform based on Distributed Computing Environment (DCE), ENCINA and CORBA for enterprise applications, and built mission-critical applications for Citicorp global finance. He can be reached at email@example.com.