What Are OTBI Reports In Oracle Fusion?

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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. Lets 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 cant 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
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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 -gt Reports and Analytics -gt 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.
Lets 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.
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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.