How To Maintain Homeostasis Using Business Intelligence Alerts

How to maintain Homeostasis using Business Intelligence Alerts

What is Homeostasis?

Encyclopaedia Britannica defines Homeostasis as any self-regulating process by which Biological Systems tend to maintain stability while adjusting to conditions that are optimal for survival.

If Homeostasis is successful, life continues; if unsuccessful, disaster or death ensues. The stability attained is actually a dynamic equilibrium, in which continuous change occurs yet relatively uniform conditions prevail. An often cited example for Homeostasis is temperature regulation in humans and warm-blooded animals in general.

Key Components

The two important components of Homeostasis are Sensors and Effectors. Sensors monitor and detect changes in the controlled entity and provide the negative feedback for Effectors to carryout corrective measures and these corrective measures remain in motion until the deviation is reversed.

The effectiveness of Homeostasis is in its ability to trigger the corrective measure in real time while the controlled entity is alive, well and able to survive the deviation and also self-correct. It is borne out of survival instincts, the need to survive and perpetuate.

An organization is a controlled entity and in order to effectively monitor and regulate the various processes within it, it is worth investing in the Sensor and Effector Mechanism because they ensure its survival. Homeostasis is nothing new in the business world. Most manufacturing processes are monitored using Industrial and Engineering Control Systems that are self-regulating.

In IT Services the advent of DevOps is a direction towards a seamless response system for dynamic demand on Software, Services and Infrastructure. Machine Learning, Algorithmic Processing of events and transactions and Internet of Things are good examples of embedded Homeostasis in action. In the end, a living optimal entity is a result of an ever present Homeostasis.

Alerts and Sensors

Organizations can leverage their existing Business Intelligence Infrastructure to install Alerts. There is lot more emphasis on the need for On-demand Decentralized Reporting than demand for Auto-course Correcting Mechanisms that BI Alerts can facilitate. BI Alerts are the Sensors. Alerts trigger when certain pre-determined set points are deviated and provide the negative feedback necessary for the Effectors to kick in. These set points are commonly called KPIs but I would like to bring in measures for vitality instead of KPIs. I think Vitality and Homeostasis go together.

Many organizations use Alerts and Notifications from their BI Systems, but not as Cohesive Mechanism for an Enterprise-wide Alarm System to stabilize operations and survive. Balanced Scorecards measure and monitor performance but do not help in keeping Homeostasis in the earliest available opportunity. In order to get to the deep green colour highlight on a Balanced Scorecard, Alerts are a must for course correction.

What must you sustain on a daily, weekly or a monthly basis to remain vital. If the answer is based on Average Foot Fall or Customer Complaints or Sales or Margins. A very simple example of Vitals calculated from these are;

Sales

Vitality of Sales = Inclination of Trend line of (Weighted Average YTD Actual Sales (Daily)) minus (Weighted Average YTD Actual/Budgeted Sales (Yesterday/Daily))
{Trigger Alert when Vitality of Sales < 0 degrees} {Stop Alert when Vitality of Sales >= 0 degrees}

Customer Complaints

Vitality of Customer Satisfaction = A Trend line of (Average YTWE NPS (this week) – Average YTWB NPS (week before))
{Trigger Alert when Vitality of Customer Satisfaction < 0 degrees} {Stop Alert when Vitality of Customer Satisfaction >= 0 degrees}

The Trends and Averages may be daily, weekly, monthly or some other period depending on how volatile your parameters are. The average chosen should iron out daily fluctuations and clearly show a trend upward, downward or steady state. Instead of a plain vanilla Average Calculation, a sophisticated Forecasting or other Statistical Models relevant to your industry may be used to calculate the trend and define the Alert set points.

Predictive Analytics to forecast a set point or a trend and thereupon issue an alert can be an effective red flag. Alerts may be graded to denote the significance of the deviation. Since we are talking about Homeostasis, we may also borrow the concept of Early Warning Score (EWS) used by the Medical Community to assess the degree of illness of a patient. In BI Terminology we know it as tolerance threshold in a Balanced Scorecard. Preventive Action kicks in when the Alert goes out in response to meeting an EWS.

‘The Alert System’

The Effectors are the organizational managers and their teams, who have the resources to diagnose the reasons for deviation from Vitals, take corrective measures. On-demand Reporting can be a great tool for Diagnosis. The alerts must be designed to facilitate Drill-through Action to deeper levels of data.

In fact, “Project Homeostasis”, cannot be a success without a robust Data Processing and Integration Infrastructure in place for Analytics. The beauty and the effectiveness of ‘The Alert System’ is in its ability to keep blaring its horns until the fire has been doused. There are no accessible buttons to push to silence the alarms. They can only be silenced by correcting the course of the Trend Line.

Knowledge about your Business, Industry in general and a Creative Imagination are the limits to how Alerts may be defined and implemented in your organization.

KARYA can help organizations design Enterprise-wise Alerts by leveraging your existing Business Intelligence Systems. To know more about KARYA’s Data Management Solutions please log on to http://www.karyatech.com.

(About the Author- Nagarajan Mahadevan works as Principal Consultant- Data Management Solutions at KARYA Technologies. He is a Techno-Commercial expert and has more than 2 decades of experience in Business Intelligence, Data Warehousing Technologies, Financial Accounting and Management Consulting. His areas of interests, apart from staying abreast on latest IT Trends and Technologies, are Yoga and Indian Classical Music.)

KARYA Technologies Partners with Talend to Provide Integration Solutions

talend

KARYA Technologies, a comprehensive Global Enterprise Solutions Provider, announced a strategic partnership with Talend, the leading provider of self-service Business Intelligence Software Solutions. Through this partnership, KARYA will be able to provide real-time or batch, application integration or data integration, big data or master data, on-premises or in the cloud.

Talend Open Studio is the most open, innovative and powerful data integration solution on the market today. Our partnership with Talend helps to break the traditional proprietary model by supplying open, innovative and powerful software solutions with the flexibility to meet the data integration needs of all types of organizations.

Talend’s Open Source subscription model is disrupting the market and fundamentally lowering the cost of ownership for integration solutions. Unlike other vendors, Talend charges per developer with no hidden fees per connector or extra charges for capacity,” a senior representative from Talend said.

Talend’s wide range of service include Big Data Integration, Data Integration, Cloud Integration, Application Integration, Master Data Management.

About Talend

Talend is the first provider of Open Source Data Integration Software. Its main product is Talend Open Studio. After three years of intense Research and Development Investment the first version of that software was released in 2006. It is an Open Source Project for Data Integration based on Eclipse RCP that primarily supports ETL-oriented implementations and is provided for on-premises deployment as well as in a software-as-a-service (SaaS) delivery model. Talend Open Studio is mainly used for integration between operational systems, as well as for ETL (Extract, Transform, Load) for Business Intelligence and Data Warehousing, and for migration. Talend offers a completely new vision, reflected in the way it utilizes technology, as well as in its business model.

To learn more about Karya’s Partners visit Our Partners!, To become Karya’s Partner email us at info@karyatech.com or fill out a form at Partnering with KARYA

KARYA Technologies Partners with Scribe to Provide Data Integration Solutions

scribe

KARYA Technologies, a comprehensive Global Enterprise Solutions Provider, announced a strategic partnership with Scribe, a Data Integrations Solutions Company. Through this partnership, KARYA will be able to provide cost-effective, no-coding solutions that can be used to integrate virtually any application, Data Source or Software as a Service Platform.

The Scribe Data Integration Solutions help companies of all sizes achieve a competitive advantage through the successful integration of data and applications in cloud, hybrid, and on-premise environments. Through Scribe Insight we can help populate your CRM system with key customer information from ERP, CRM, Web, and Legacy applications, making it possible for you to work with a complete customer profile.

“The emergence of cloud platforms, the explosion of data and the development of new avenues for information – social media, mobile – make the role of integration one of critical importance for SaaS providers, integration providers and enterprises alike. The companies that succeed in bringing essential pieces of information together from across their business will sell more, service better and ultimately compete more effectively in their markets,” Shawn McGowan, CEO of Scribe, said.

A true Cloud Integration Platform, Scribe allows users to build, deploy, manage and maintain integrations anywhere they have internet connectivity. No heavy-weight software or hidden hosting costs. Whether connecting cloud-to-cloud or cloud-to-ground, Scribe has users covered with both cloud agents and lightweight secure agents that can be installed behind the firewall.

About Scribe

Scribe Software is the leader in Customer Data Integration Solutions, helping businesses maximize their investments in CRM, Marketing Automation, ERP, and other data assets. Scribe’s integration solutions connect a wide range of data and applications to the people that need it most, giving a competitive advantage to businesses large and small.

To learn more about Karya’s Partners visit Our Partners!, To become Karya’s Partner email us at info@karyatech.com or fill out a form at Partnering with KARYA

KARYA Technologies Partners with Solver to Provide Business Intelligence Solutions

 Business Intelligence Service Providers

KARYA Technologies, a comprehensive Global Enterprise Solutions Provider, announced a strategic partnership with Solver, Inc., the leading provider of self-service Business Intelligence Software Solutions. The partnership will deliver significant customer impact by offering Solver’s BI360 Software Suite, which include Excel- and Web-Based Reporting, Budgeting, Dashboards, Data Warehouse, and Collaboration Tools.

“We’re thrilled to be able to offer Solver’s BI360 suite of solutions to give our customers deep insight and actionable information across all facets of their organization,” said Venkatkumar Navaneethakrishnan, VP Global Services, KARYA Technologies. “Solver’s track-record of delivering cutting-edge Business Intelligence Solutions is unparalleled in our industry, and we’re confident they’ll continue to innovate well into the future,” he added.

“Our partner program is a core driver for our success and one of the biggest reasons we’ve been able to grow so quickly,” said, Nils Rasmussen, CEO of Solver. “We take pride in our partner-centric culture and continue to focus on strong alliances with proven success to help our partners exceed their customers’ specific needs.”

Solver works with more than 175 partners worldwide to assist them in delivering BI360’s suite of solutions, which drives increased productivity, better efficiencies, and ultimately complete insight into their customers’ business.

About Solver

Solver provides BI360, the leading Business Intelligence suite for Microsoft Dynamics AX, GP, NAV and other ERP systems. Solver is a Microsoft Gold ISV Partner and the winner of the Microsoft BI Partner of Year Award and has a presence on the Gartner Group CPM Magic Quadrant. BI360 is sold through a world-wide network of resellers and is ideal for companies looking to find a user friendly, yet highly functional Reporting, Budgeting, Dashboard, Collaboration Portal, and Data Warehouse Solution to give them deep insight and actionable information across all facets of their organization.

To learn more about Karya’s Partners visit Our Partners!, To become Karya’s Partner email us at info@karyatech.com or fill out a form at Partnering with KARYA

ETL on Cloud Gaining Significance

A survey carried out by an US-based data integration company involving 200 business intelligence professionals finds that 51 percent of them are ‘strongly considering’ moving all ETL processes to the cloud.

While many organizations are still relying heavily on existing on-premise IT for ETL, the desire to shift to a more cloud-based model is growing stronger.

Cloud ETL offers a host of benefits over on-premise, from increased agility in resource deployment to reduced costs. As such, the cloud is an increasingly attractive option from both a performance and operational perspective.

Big data analytics solutions

Biggest Challenges :

The study also reveals that the biggest challenges were in making data ready for analysis.

Over 55% say integrating data from different platforms, followed by transforming, cleansing and formatting incoming data (39%), integrating relational and non-relational data (32%), and the sheer volume of data that needs to be managed (21%) at any given time.

As a business manager you should be more concerned about the information rather than making the data ready for analysis. To know how Karya can drastically reduce your data burden, please mail us at info@karyatech.com

While Extract-Transform-Load (ETL) technology allows for a seamless integration of information from various sources, it has its own set of challenges when it involves cloud. The biggest part of the challenge is ‘security’.

It would be more pertinent to ask where should the ETL tool sit in relation to the data warehouse. Just like how the data can reside onsite (on-premise) or in the cloud, ETL tool can also reside onsite or in the cloud. Irrespective of the fact where it is located, it has to work well with the Business Intelligence platform, which again may exist onsite or in the cloud.

Assuming the data warehouse, BI and ETL are all deployed and floating, then the ETL tool would also exist as a cloud service.

Security in the cloud

Though the job of securing the data may not be the responsibility of the business that uses the cloud service, the link from database to database over IP may pose some worry. We definitely need to secure the most sensitive data using the best encryption methods.

ETL tools are not built to scale. The right tool depends entirely on the infrastructure that’s using it. ETL also involves a great deal of network sophistication. When the complexity of the enterprise BI increases, the ETL tool has to quickly scale up to meet the requirements of the organization.

A weak ETL tool or a bad setup can wreak havoc on consistency and reliability of extracted and loaded data. Once again, if the ETL is hosted in the cloud, there are certain complexities and issues that come along with it. ETL tools, depending on their engines, can handle both small and big data. Choosing the ‘right’ service provider for implementing ETL securely into your process would be the first step for any organization. With an experienced systems implementation partner like Karya, which follows safe and secure practices, you can be rest assured.

To learn how to run data processing and ETL on the cloud quickly from Karya, email us at info@karyatech.com