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Before we talk about OTBI reports, let me explain what you mean by u201cReportu201d and how it is going to help in business. In any organization, reports play a key role. Business teams review these reports and make 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 existed in the market, business teams gathered all the transactions manually such as sales, purchases, inventory as well as payments on paper.
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What Are OTBI Reports In Oracle Fusion? 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 make 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 existed in the market, business teams gathered all the transactions manually such as sales, purchases, inventory as well as payments on paper. However, it is a 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 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 “Records” and Columns are called “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 use Microsoft Excel and Access to load data and prepare reports. However, Excel and Access can’t handle huge amounts of 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 simply 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 access to 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 requires a 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. We have to follow the below path to access OTBI in Oracle Fusion Application Instance: Tools -> Reports and Analytics -> Browse Catalog 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 a 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. Silent Features in OTBI Reporting:- 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 is 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.