All entries for Wednesday 20 April 2016
April 20, 2016
As th time for age of big data is coming, how to manage mass of data and find the useful information in mass of date is the developing way. Now, big data in business have two developement directions--Business Intellengence (BI) and Enterprise Resource Planning. Now I want talk about the diffrence and common compaired BI and ERP.
BI canbe discrbed as "a set of techniques and tools for the acquisition and transformation od raw data into meaningful and useful information for business analysis perpose", BI fucus on data management. The main fuction of BI is through import data from other systems (ERP data is one of database fro BI) and export the data analysis sumarize. Gnerally speaking, BI can divided three parts. The three parts respetivily are data warehouse (numerous centralized storage of data); data extraction (with extraction tools to find the needed data from data warehouse); and front-end display (such as report, PDA).
Turner,Dawn M. "What is Venture Management".
Yanjun Wang (1550539)
In the internet era, there is an intense competition of business occurring in the means of using information technology to increase the efficiency of the operational and management aspects in organizations. Therefore, changing the strategy toward e-businesses have to adapt the usage of ERP system which could share functions and communication to partners and customers. In addition, it has to develop data evaluating method and interface in order to connect processes for the bonding between ERP and external organization sites. E-business is a kind of business that have a rapid changing in technology and trend, so quick gathering of the useful information is become more serious factor to gain the advantages in the market. Allowing people to easily access to the entrepreneur ERP system helps increase the accuracy of the data while reducing the analysis time for the strategy planning. Thus, the ERP system is now extended to be developed together with the Thin Client or GUI (Graphic User Interface) to reduce the complexity in using the system. This allow the end-users or suppliers to input the data into the system and connect directly to the business. For the users with in organization, the extended ERP creates the convenience in access and interpret the data for analytical usages and reduce learning curve of the system. There are three main advantages of Extended ERP. First is the integration by using ERP-based can centralized between software such as SCM, CRM, and E-commerce, only one input of information can be pulled out for various usage. Moreover, the extended ERP also creates the supply chance network with organizations as center, connecting suppliers’ and customers’ operation with SCM and CRM respectively. Finally, Internet Protocol (IP) and Web application create the system that allow the online access to the data base of organizations, not only by the employees but also partners, suppliers and consumers. The sharing of information both internally and externally all type of business to occur virtually in the world of internet.
Karl M. Kapp, William F. Latham, Hester N. Ford-Latham. Integrated learning for ERP success: a learning requirements planning approach. Boca Raton: The St. Lucie Press; 2001.
Mahesh gupta, Amarpreet kohli. Enterprise resource planning systems and its implications for operations function. Technovation 2006; 687-696.