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SAP BusinessObjects

Product
The name of the base system (platform): SAP Business Intelligence (SAP BI)
Developers: SAP SE
Last Release Date: March, 2011
Technology: BI

2014: Business Objects 4.0

According to information for January, 2014 "resignation" of the popular Desktop Intelligence component, or Deskl became important feature of Business Objects 4.0. The solution to refuse it caused discontent of some users. The place of Deskl will be taken by other tool - Web Intelligence (Webl) which is developed more than ten years, and for today, according to in SAP, plus many others implements the vast majority of the Deskl functions.

The new version of Business Objects is more closely integrated with a product line of SAP for information management of the enterprise. As a part of a packet there was also a new module - Information Steward which will simplify a problem of tracking quality of information of a certain type. For example, it will become simpler to sales manager to monitor relevance of a contact information of clients.

One more new module, Event Insight, is based on technology of processing of difficult events of Sybase company. It browses a daily flow of transactions of the company, revealing trends and interrelations and taking on them measures according to the set rules. Event Insight will allow to create models of event handling and to bring reports to dashboards.

Among other innovations - the single interface of creation of requests for any data sources, the improved scalability, support of 64-bit processors and advanced access facilities to unstructured information.

According to Forrester Research (January, 2014), 36% of the companies use SAP solutions for a business intelligence (business intelligence, or BI). Clients highly appreciate abilities to integrate at the level of data with SAP BusinessObjects, technology architecture of information transfer, function of analytics and operational management and also corporate vision of SAP and conceptual accuracy of its products.

The SAP company is more often than others was mentioned in the requests for solutions for a business intelligence arriving from clients of the Forrester agency. For the last 12 months the SAP company came out on this indicator on top, having been ahead of ten leading solution providers BI.

2011: Release of the GRC solution which integrated all GRC transactions within the standard platform

On March 29, 2011 it was announced release of the new version of the GRC solution representing a technical basis for creation of uniform architecture of a business intelligence, resource management of the enterprise, risks and compliance to regulatory requirements. On development of the new version of the solution nearly three years were required. It helps the organizations to ensure safety and effectiveness of their activity.

The GRC solution provides unification of user interfaces of all applications entering it, contains the built-in tools of a business intelligence with a possibility of creation of reports and dashboards and also graphic tools for identification and display of risks. novy products it is simpler in use, with their help the business managers having not enough experience in GRC can pay to risks closer attention. Thanks to integration of the GRC functions into the main business processes and applications heads will be able to exercise anticipatory business management.

The new version of the GRC solution from a portfolio of SAP BusinessObjects became the next stage in development of SAP products for a business intelligence. The company aims to deliver to clients the most convenient corporate solutions in use combining the analytical tools, best in the class, with reliable business applications. The new version integrates all GRC transactions within the standard platform and is easily connected to other components of a solution portfolio for a business intelligence. It guarantees the maximum transparency, control and support of corporate strategy.

The solution integrates means for management of audit policy, coincidence tunings of control of security, corporate technical support and also tools for transfer and archiving of data. Thus, this product helps heads to fix the problems arising in the course of use of the fragmented and separate GRC solutions. Among these problems — lack of an opportunity for effective risk analysis; effectless, expensive or manual processes; unreasonably high labor costs on risk management and compliance to regulatory requirements; the inconsistency caused by the fact that risk management functions are not built in business processes.

Solutions SAP BusinessObjects Access Control, SAP BusinessObjects Risk Management also SAP BusinessObjects Process Control share all data and processes and also have the user-friendly unified interfaces and are optimized for the different fields and the directions of business. Such approach helps the companies to organize integrated management of all risks and control facilities in a unified environment. Clients will also receive the following benefits:

  • High strategic efficiency thanks to reliable risk analysis in all directions of corporate strategy in real time. Existence of tools for effective management of risks and compliance to regulatory requirements gives to the companies complete idea of possible risks that helps to increase performance.
  • Automatic identification of risks and determination of their priority in combination with the system of the active notification and transfer of consideration of a problem on higher hierarchical level allow to take heads immediate measures in respect of the most critical risks and violations.
  • High operational efficiency — increase in value and reduction in cost of initiatives in the field of GRC. Control automation by critical risks and also processes of monitoring and ensuring compliance normative trebovanyam helps the organizations to minimize expenses. Besides, having implemented the standardized technology platform, the companies will be able to cut down management expenses and costs for setup.
  • The designer of Bow-tie serves for risk identification and setup of their indicators. Via the simplest interface in use specialists using normal business language will be able to organize joint work over control techniques risks and elimination of their effects.
  • Ample opportunities for management of lifecycle the politician — automation and simplification of tasks of determination the politician and the fields of their action, processes of the overview and statement and also the general managerial tasks.
  • The openness for content provided by partners allows to create the specialized solutions for risk management and compliance to regulatory requirements which are completely meeting requirements of the companies working in the industries with a high risk. Among them — the financial services industry, the oil and gas industry, the energy sector and housing and public utilities, aerospace and defense industry, pharmaceutics. The SAP company improved each key GRC area and also created the platform allowing clients to take advantages which the partner ecosystem of the company gives.

The technology platform of SAP BusinessObjects GRC is connected to the extensive directory of additional solutions of a partner ecosystem of SAP. As a result users get access to best practices and content intended for the organization of risk management and compliance to regulations in specific areas and activities. It allows clients quickly to begin to operate the solution for risk management and the regulatory requirements specific to business or the industry in which they work. They will also be able to provide effective support of new industry requirements for a measure of their emergence, to reveal and approve specific risks, to implement necessary politicians and procedures.