When you talk about Business Intelligence, the true added value lies in real-time reporting. The dashboards or reports presented to you need to present accurate information about e.g. stock, human resources, bench marking, etc. This real-time reporting could be augmented even more when you can take action straight away when benchmarks aren’t met, campaigns need to be organised etc. In other words tighter integration with your reporting environment to make your company more agile and lean.
So let’s have a look at both technologies briefly:
- BPM = Business Process Management
- BI = Business Intelligence
BPM gives you the opportunity to manage the existing business processes End 2 End. In other words you will define a portfolio of all existing business processes, analyse these business processes using the standards based language BPMN (Business Process Modelling Notation), simulate these processes to check if KPI’s are met, if needed re-engineer them, to finally start automating and executing these business processes using the standards based language BPEL (Business Process Execution Language).
BI gives you the ability to gather and provide access to real-time information. It can deliver dynamically generated content, provide insight regarding benchmarks, forecasting and actionable tasks and most important of all guide users towards insight and action. The focus of BI is moving towards insight-driven business processes, to give users the ability to optimize these processes on unified, real-time and predictive data.
So how can we make this happen, how can we provide insight-driven business processes without loosing the focus on the data?
Some of the functionalities we can perform with the Oracle BIEE Web Services:
- Extract results from BI and feed them to external applications
- Execute queries and retrieve results.
- Execute iBots (BI Alerts).
By invoking these web services from within bpel processes we can interact with in flight business data and react when needed.
For more information regarding this integration and interaction, have a look at Oracle BI Webservices & BPEL.