Elevate Your Expertise: Advanced SAP CPI Technology and Skills
Wed, 09 Oct 2024
Before we talk about OTBI reports, let me explain what you
mean by “Report” and how it is going to help in business. In any organization,
reports play a key role. Business teams review these reports and take important
decisions. In general, a report means capturing the day-to-day transactions in a
proper format to read and analyze the data. Reports can be used to increase
business profits effectively and efficiently. Earlier Informational
Technology exists in the market, business teams gather all the transactions
manually such as sales, purchases, inventory as well as payments on paper.
However, it is time taking process and there is a high probability that human
errors can occur. Let’s take an example of a hotel business where they sell
breakfast, lunch, and dinner to different customers. Initially, they started a business in one location. If the business owner did not capture day-to-day
transactions in a proper format, they will not be able to estimate how much
quantity of food they need to prepare for the next day. So, they captured data
in an Excel sheet. Later, the business got expanded and established multiple hotels in
different places. Now, they are unable to update all transactions in Excel
sheets and they need to have a prominent application. Data can be categorized into
two types Structured and unstructured. Structured data can be easily placed
into rows and columns. We can easily prepare reports based on business needs. Hence, many IT service providers created
applications that will automate all these transactions and provide it in a
proper reporting format. Reports are available in tabular format which is going
to be available in rows (Horizontal) and columns (Vertical). In a table, rows are called as “Records” and
Columns are called as “Fields”. A combination of a “Row” and “Column” is called a “Cell”. Each and every report consists of historical data. Based on this data,
business teams predict future performance like revenue, inventory needs,
resources requirement etc. In small-scale business teams uses Microsoft Excel
and Access to load data and prepare reports. However, Excel and Access can’t
handle huge data and does not meet business requirements. To manage huge data,
companies need to use Oracle Fusion OTBI tool capabilities to generate
sophisticated reports.
Oracle has started providing Cloud ERP (Enterprise Resource
Planning) services and one of its next-generation ERP is Oracle Fusion
Applications these OTBI Reports development is covered under Oracle FusionTechnical Training, where business teams do not require to install any
applications and do not depend on the Database Administrators. They can simple
access Oracle applications by using the Internet from any web browser through a Desktop, Laptop, or Tablet as well. Based on business needs, we can easily
create reports and solve many business problems. Reports and Analytics services
are inbuilt options where we do not have to pay any extra dollars. To generate
or create reports in Oracle Fusion, we must have to access OTBI. OTBI stands
for “Oracle Transactional Business Intelligence”. It is an extension of BI
architecture in Oracle Fusion applications. Before OTBI was introduced, Business
teams generated reports by using SQL Language. It is a lengthy procedure and
required lot of experience. However, with the help of OTBI, we can easily
create reports by simply drag and drop options. Oracle Fusion has many
knowledge areas such as Oracle HCM (Human Capital Management), Oracle SCM
(Supply Chain Management), Oracle CRM (Customer Relationship Management) and
Financials. We can generate reports in OTBI by using .XML (Extensible Markup
Language),.XL, .word, .PPT and .CSV (Comma separated Values) etc. Through
Excel, we can export up to 25,000 rows. However, to download more than 25,000
rows, we can use .CSV format.
Before creating any report in Oracle OTBI report, we must
select a minimum of one Subject area such as “Absent Management, Benefits, CRM,
Procurement, Payroll, Product Management, Inventory, General Ledger, HCM (Human
Capital Management), Compensation, Costing, Project Billing, Sales, Workforce
Management, Workforce Profile, etc. To generate any report, the user must have
Business Unit and Data Access.
One of the key features in OTBI reporting is “Parameter” (Prompt)
where you can select a particular option and you can see the report based on the
option you have selected. Let’s say, you have created a report where it
contains Fields (Columns) like Business Unit, Ledger, Inventory Organization,
Inventory Item, Quantity, and Supplier name. Based on the business requirement,
you would like to see the report where the business unit is equal to “US1 Business
Unit”. By using this Parameter (Prompt) option, we can select either one
Business Unit or multiple Business Units.
Oracle SQL knowledge is not needed to generate Fusion OTBI
Reports, as most of the reports can be generated by simply using Drag and Drop
Functionality from the Oracle-provided subject areas and dashboards.
By using Archive Functionality, we can easily upload OTBI
reports from one environment to another environment
OTBI is an inbuilt functionality where organizations do not
have to spend extra money
Can create different charts such as Pie charts, Bar charts,
histograms, Tree maps, etc.
If anyone planning to learn the OTBI reporting tool, you can opt
for Fusion Technical Training from “Tech leads IT” courses. It has been existing
in the market for more than 10 years and has real-time experienced trainers
where you can learn real-time business requirements. Since it does not require
any Database or SQL knowledge, anyone who has completed Graduation can easily
learn and get a job in a reputed MNC company.
We impart OTBI extensive knowledge as part of Oracle FusionTechnical Online Training and in-the-classroom training. We spent almost 15 hrs. to cover all the topics based on live project-based examples by discussing and creating and showing them in the fusion application instance with practical-oriented teaching.
At Tech Leads IT training center, we can provide online and
classroom training. One of the important and useful advantages for the student
or working professional is accessing daily recordings in Tech Leads IT learning
portal where they can watch it either on mobile, laptop, or desktop.
Wed, 09 Oct 2024
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Wed, 09 Oct 2024
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