Solution For Operational Reporting Problems.

A lot of organizations face a paradox with their data management. With the one hand, they hold vastly increasing amounts of data; on the other hand, they find it increasingly difficult to extract meaningful information from the data. The bigger corporate issue is that almost all end users are not getting the information they require when they need it in the form they prefer ( typically Microsoft Excel ). Surprisingly, the vast majority of organizations could solve the problem easily, thanks to an existing information asset: the present report output already produced by the organization's current applications, data warehouses and third-party report providers. Activating existing data: Conventional wisdom says that existing reports cannot be used as a supply of data analysis or visualization because these are static; they will not allow the user to ask questions about the data and to see different data views. As a result of Report Activation, this is no longer true.: existing reports can now be transformed on command into live, actionable data for simple analysis, without reviewing new database programming. Most information systems typically provide a vast library of existing reports and business documents like invoices, purchase orders and bills of materials. Such systems range from legacy mainframes, ERP, HR, and payroll, industry specific core processing systems for banking, healthcare and retail, whether these systems are managed in-house or by an outside data processing firm. These reports are the chief source of knowledge in most businesses. Using Report Activation technology to access existing report output from these systems provides a systematic solution to accessing required information without the necessity for programmers and other expensive IT resources. According to IBM and industry studies, the average billion dollar organization has no fewer than 48 disparate financial systems in use inside the company. Additionally, as much as 40% of IT budgets could be spent on data integration projects to pull these separate databases together. Report activation technology allows the building of data extraction models that perform intelligent recognition and parsing of data functions within existing reports (typically in plain text of PDF format) Executed models obtains desired information from the reports and transforms the data into usable, computer-readable formats. Extracted data can be loaded into valid data tables, complete with optional calculated fields of data as well as database lookups. The data extraction models have the ability to perform data sorting and filtering functions, as well as the ability to mix data from other report sources. The self-service capabilities of Report Activation is also able to translate readily compelling reductions to an organizations total cost of ownership (TCO) of its enterprise information systems. Because users of a Report Activation system are accessing data mined from archived report output rather than, for instance, live data from a production ERP system, the organization can reduce significantly the amount of live seats to the ERP system. So a Report Activation system can benefit companies with a dramatically faster and easier implementation cycle, extreme ease of use and ability to provide the right person at the right time, at a fraction of the complexity and price of traditional business reporting solutions and processes.

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