In businesses, data is the key to informed decision-making and strategic planning. However, data is often spread across various systems, leading to silos that hinder efficient analysis. To ease the job, Oracle offers Oracle Fusion Analytics.
Fusion Analytics is engineered for simplicity and efficiency, offering a user-friendly experience. It is designed to help end users easily interpret and apply data that has already been processed through the data pipeline.
When evaluating an analytics solution, business users should focus on a few essential objectives: accurately measuring performance, identifying trends and patterns, and making data-driven decisions
Oracle Fusion Analytics integrates with Oracle Fusion Cloud applications to provide insightful analytics and business intelligence. To maximize its potential, business users need to focus on specific objectives. ValueVerse Consulting offers a comprehensive guide to help users navigate this complex landscape with their expertise in Oracle Fusion Cloud.
Here are the four primary objectives to keep in mind when using Oracle Fusion Analytics:
1) Bridge Data Silos
Data silos are a common challenge. Data gets dispersed across multiple locations and systems, including Oracle Fusion Enterprise Resource Planning (ERP), Oracle Fusion Cloud Human Capital Management (HCM), Oracle Fusion Cloud Supply Chain Management (SCM), and Oracle Fusion Cloud Customer Experience (CX), as well as other third-party sources. This disjointed data can slow down decision-making, pose security risks, and lead to outdated or inconsistent information.
Oracle Fusion Analytics tackles these issues by offering an Oracle-managed data pipeline. This pipeline consolidates data from various sources, including Oracle Fusion ERP, HCM, SCM, and CX, into a unified analytics system.
Consequently, your data is always current, readily accessible, and reliable. With Fusion Analytics Warehouse, users can integrate financial and non-financial data seamlessly. This eliminates the need for manual data gathering and reduces the risk of errors.
2) Accuracy of the Source Data
Having multiple versions of data leads to confusion and mistrust. Questions about the accuracy and currency of data can undermine confidence in the insights derived from it. Oracle Fusion Analytics addresses this by managing the data pipeline and maintaining a consistent data model.
Oracle Fusion Analytics guarantees the integrity of your data, eliminating discrepancies between different reports. As a result, all stakeholders can work with the most accurate information. This unified approach enhances the reliability of your data and streamlines decision-making by providing clear and consistent insights.
3) Democratize Data
For data to be valuable, it must be accessible to those who need it. Oracle Fusion Analytics facilitates the democratization of data by offering pre-built, customizable dashboards and Key Performance Indicators (KPIs). These tools enable users to visualize and interact with data meaningfully, promoting collaboration and informed decision-making.
Fusion Analytics provides a user-friendly interface for creating custom KPIs and alerts. Relevant information gets delivered directly to decision-makers. By integrating data from Oracle Fusion ERP and other systems, Fusion Analytics delivers timely and actionable insights. This empowers users to respond swiftly to changing conditions without sifting through data manually.
4) Ensure Appropriate Access
While democratizing data is crucial, protecting sensitive information is equally important. Oracle Fusion Analytics employs role-based security to manage data access based on users’ roles within the organization. This approach minimizes the risk of unauthorized access and reduces the administrative burden on IT departments.
Existing security configurations in Oracle Fusion ERP, HCM, SCM, and CX transfer seamlessly to Fusion Analytics. This ensures consistent access controls without additional effort. This robust security framework ensures that only authorized personnel can access sensitive data, safeguarding your organization’s information assets.
Oracle Fusion Analytics- Best in Class for Business Data
Oracle Fusion Analytics streamlines data management and empowers end-users with actionable insights. By integrating with Oracle Fusion Cloud applications, it eliminates the traditional divide between IT and business users. This enables a more collaborative and efficient approach to data utilization.
With Fusion Analytics Warehouse, businesses bypass the complexities of data integration and focus on leveraging rich data insights for growth and innovation. Fusion Analytics simplifies data analysis, making it easier for users to harness the full potential of their data.
Oracle Fusion Analytics Support by ValueVerse Consulting
Oracle Fusion Analytics offers a powerful suite of tools for bridging data silos, establishing a single source of truth, democratizing data access, and ensuring appropriate security. Leveraging Oracle Fusion Cloud applications and the comprehensive capabilities of Fusion Analytics Warehouse, businesses can transform their data into a strategic asset.
At ValueVerse Consulting, we understand the importance of effective data management and analytics. Contact us to schedule a meeting with our Oracle Analytics team today. Learn how Oracle Fusion Analytics can help your organization achieve its goals and drive success.
