|
Sterna Business Positioning System™ (BPS) is the next generation of real-time analytics platforms. Sterna BPS is a groundbreaking, in-memory, real-time analytics platform that takes performance management to the next level. Converging strategic, operational, and predictive analytics, it empowers managers to continuously optimize operational and financial performance, enterprise-wide. Implemented in weeks if not days, Sterna BPS real-time analytics platform also drives managers to capitalize on financial opportunities and mitigate risks as they occur.
The term “real-time analytics” is frquently referred to operational analytics, which is aimed at providing managers with real-time actionable insights, enabling management intervention while the affected process is still ongoing, thus optimizing daily business operations.
However, real-time analytics applies not only to operational business processes. Rather, it is a key factor for enabling managers to take action based on strategic, tactical, and predictive analytics.
Sterna BPS is not a reporting tool. Rather, it allows managers to drive their Business Communities to their company's goals, ultimately maximizing profits for the organization, while accounting for changes in the dynamic business environment at all times.
At the core of the Sterna BPS real-time analytics platform is the Sterna BPS Server. Using patented technology, the highly scalable Sterna BPS Server leverages today’s ever-increasing computation power of 64-bit processors to perform complex mathematical calculations on very large data sets, on demand, in memory, and in real time.
Enterprise data originates from various systems and sources, such as ERP, Data Warehouses, Excel spreadsheets, external web sites storing currency exchange rates, commodity prices, and more. These sources are updated at different time intervals; some daily, some weekly, others intra-day. Therefore, Sterna BPS real-time analytics platform always reflects the most up-to-date business position, enabling managers to take well-informed action relative to the current business environment.
Data is read from the various data sources via Data Collectors and transformed into Sterna in-memory virtual data stores called “Business Matrices”. Real-time analytics means that Business Matrices are maintained completely separately from the mathematical computations, which are done in \ upon user request. This provides an unprecedented level of flexibility, and assures that the information managers base decisions on is always based on the most updated data.
The real-time analytics computations are defined using an intuitive Business Mathematics syntax, expressing the dependencies between the Business Matrices. The set of dependencies among the Business Matrices and formulae results in a Business Dependency Network; any change to a value of one of the Business Matrices is propagated in real-time throughout the network and up to the user, providing the basis for real-time analytics, and advanced analytics capabilities, such as predictive analysis and simulations.
|
