The Bottom Line: Getting the Most from Your OBIEE Investment

The Bottom Line: Getting the Most from Your OBIEE Investment

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What is a major goal of any OBIEE implementation? There is no single answer. However, IT managers and business stakeholders are almost always concerned with getting the most return on the BI investment and improving company’s bottom line. There are ways that an OBIEE implementation can cut costs, whether used in a proof-of-concept scenario or as a full-scale corporate-wide roll-out. Think of OBIEE not just as a replacement for your current legacy reporting tool or system, but as an opportunity to dramatically change the way your company is doing business. Instead of making the transition from JBOR (just a bunch of reports) to JBOD (just a bunch of dashboards), BI managers and stakeholders should see the opportunity to improve or change existing processes.

There are examples of what OBIEE initiative can accomplish. In a financial company, for instance, it can reduce the time analysts wait for new data as well as simplify the way they get information. This is especially true when the data is used for analytics. Most importantly, OBIEE initiative can make the information actionable.

The initiative can also assist analysts in being proactive by using exceptions actionable links, rich dashboards and agents. It should be possible in these instances to actively track, flag and react to the events violating certain thresholds (such as risk boundaries). An OBIEE initiative can also utilize Mobile BI on tablets (along with proper security). It should be possible to not only distribute relevant data but also access real-time information for employees needing the data.

Other out-of-the-box examples include substituting a customer portal with OBIEE application, since there are plenty of ways to deliver non-OBIEE content and integrate custom content. Exposing certain data through existing BI applications can be a way to cut costs on a new content portal development, assuming all of the security pre-requisites are met. Finally, there are many cases where a company could use innovations in geospatial applications that combine OBIEE, big data, and maps (whether geographical or building).

This all sounds well, but how can you get started? Staying on top of new technologies and tools (such as Exalytics, TimesTen, GoldenGate) requires effort and dedication. One option is to involve an existing team. However, the challenge comes with many projects when an existing OBIEE team is focused on the delivery and improvement of existing functionality and may not be able to increase its scope. In addition, they might not be comfortable with the latest versions’ functionality and new tools because of the disruption such new systems might have on business-as-usual. Another option is to attend OBIEE related events (such as Oracle Open World) to get exposed to the latest in OBIEE world. Finally, you could check white papers and presentations from the conferences that might give you some ideas.

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