Digital transformation is powered by technologies such as generative Artificial Intelligence and the Internet of Things (IoT). At the core of the potential of these technologies is data processing and analytics.

This reality means that companies are at a critical inflection point because they must embrace data-driven decision making if they want to stay competitive and build stronger customer relationships. In short, those who cannot capitalize on their data will be left behind.

Tableau, the leading company in the creation and management of dashboards, introduced its new tool based on generative Artificial Intelligence: Tableau GPT. The power of generative AI lies in its ability to perform natural language calculations, suggest appropriate charts and visualizations, and generate automatic descriptions of data sources.

Tableau GPT automates data analysis, preparation and governance by providing contextual instructions within the product, simplifying and streamlining workflows. This is nothing less than a strong reduction of the technical barrier to entry that helps reduce repetitive tasks for a team. For example, you can generate visualizations for sales leaders based on natural language prompts that show real-time progress against their quota, along with recommendations to help them meet targets.

GMP IT advises on creation and management of Tableau dashboards to those who wish to focus on the leading platform in business intelligence. GMP has an extensive experience in IT consulting in the region. Metalsa, Provincia Leasing, Sumitomo, Marsh, Dana, General Electric and Nufarm are some of the companies that rely on their services.

To extract data from Oracle Fusion Cloud ERP the correct extraction method must be chosen, depending on the use case and the destination of that data. Many times a company has different data storage systems that include Oracle Cloud ERP or third-party systems, and it is necessary to combine them for analysis. Learn about the best tools for data extraction.

Business Intelligence Cloud Connect (BICC) | Ideal for extracting medium to high volumes of data. BICC is included in the Oracle Applications Cloud subscription and allows you to run an initial data extract, followed by incremental data extracts based on predefined BICC data stores for Oracle Cloud ERP.

REST API | Its use is reserved for low-volume, real-time transactions. It also provides efficient web services that are used to obtain real-time transactions or master data values to integrate with external systems.

Oracle Cloud pods use Oracle’s standalone database, which is elastic and supports Oracle customers’ varying data volume needs. However, two factors that make volume targeting difficult need to be considered: data extract query complexities and content vary; processes running concurrently at any point in time can impact data extract performance.

GMP IT is a consulting firm with extensive experience in advising on the adoption of Oracle cloud services. Sumitomo Chemical Latin America, General Electric, Provincia Leasing, Stoller, Metalsa and Marsh are some of the other companies that trust and have trusted their services.

The expansion of data analysis in business is unstoppable. In recent years, the capacity to collect, process and analyze information has increased, spreading to practically all areas. Everything seems to indicate that this trend will continue to grow over the years.

One of the challenges for this situation lies in preparing a correct data flow to make the most and best use of the available information. Here are some tips to speed up the process of preparing data flows.

Use the right data | The more data you bring into your data preparation flow, the more computationally expensive it will be. A simple, yet powerful way to run a good flow is to only work with the data you need.

Identify flow targets | The recommendation is to break the information into separate flows to organize the work because it is not necessary for cleanup operations to live in a single flow. Individual steps or even entire flows can be put together later.

Leverage incremental update | With incremental extracts it is possible to set up flows to update gradually, which means that new rows will only be retrieved when data is updated.

GMP IT advises on creation and management of Tableau dashboards to those who wish to focus on the leading platform in business intelligence. GMP has an extensive experience in IT consulting in the region. Metalsa, Provincia Leasing, Sumitomo, Marsh, Dana, General Electric and Nufarm are some of the companies that rely on their services.

The implementation of an ERP system is a key action for any company that has decided to implement a new business system. The success of the chosen business solution depends on its correct implementation.

For companies planning their transition to Oracle Cloud ERP, they must consider safeguarding historical legacy ERP data. Here, a short list of actions to consider for Oracle E-Business Suite (EBS) historical data retention for ERP:

• The legal requirements for data retention (usually stipulated by local tax authorities).
• Reporting needs.
• Data access and security needs.
• Technical and functional competencies of your staff.
• Cost considerations for implementation or migration.
• You can review the four EBS legacy data retention options below to determine which best fits your business needs.

GMP IT is a consulting firm with extensive experience in advising on the adoption of Oracle cloud services. Sumitomo Chemical Latin America, General Electric, Provincia Leasing, Stoller, Metalsa and Marsh are some of the other companies that trust and have trusted their services.

Adapting to the new reality presented by the digital economy forces executives to adapt for challenges that demand a new mindset. Constant change includes priority concerns ranging from cutting costs and maximizing profits to the need for innovation, process improvement, investments in technology and human capital, and forging a sustainable path forward. What are effective actions to take moving forward?

• Use data to identify obstacles and opportunities. The ability to leverage data for in-depth analysis, modeling and forecasting is critical for any company that wants to create long-term value, by identifying the factors that influence revenue growth and operational efficiency.
• Use data to accelerate agility and efficiency. To boost agility, data must be accessible. That’s the key to a thriving data culture: actively promote organizational strategies that prioritize democratizing data so that it becomes part of all workflows and processes.
• Use data to navigate uncertainty. Executives must adapt to the winds of change from one moment to the next so having valid information will help weigh their options, model what-if scenarios and analyze alternatives.

GMP IT advises on creation and management of Tableau dashboards to those who wish to focus on the leading platform in business intelligence. GMP has an extensive experience in IT consulting in the region. Metalsa, Provincia Leasing, Sumitomo, Marsh, Dana, General Electric and Nufarm are some of the companies that rely on their services.

Oracle Cloud ERP is the leading comprehensive business management solution that includes reporting tools designed to meet different business requirements.

Some of these features include Oracle Transactional Business Intelligence (OTBI), Business Intelligence Publisher (BIP), Account Monitor, Financial Reporting, Smart View and Infotiles.

However, Cloud ERP excels in automated process monitoring and real-time operational reporting. Since the reports directly access Cloud ERP transactions, the most up-to-date transactions and balances are always displayed. Here are five of the most commonly used examples of Cloud ERP’s reporting optimizations:

• Daily and period-end operations of the financial department such as the review of payment proposals to suppliers.
• External documents including customer invoices and payment forms.
• Local regulatory transaction reports and general ledger balances such as VAT records.
• Detailed reconciliation between Cloud ERP and legacy systems such as reconciliation of clearing accounts.
• Regional or divisional financial statements when ERPs are decentralized.

GMP IT is a consulting firm with extensive experience in advising on the adoption of Oracle cloud services. Sumitomo Chemical Latin America, General Electric, Provincia Leasing, Stoller, Metalsa and Marsh are some of the other companies that trust and have trusted their services.

It is often thought that data analytics is only for companies with large IT teams. However, new technologies make it easier for retailers to access data analytics-related tools as well.

Learning from data allows retailers to increase sales and improve customer service by offering better products. Here are some of the reasons why data analytics is key to unlocking the potential of retail.

Bringing together disparate data | Lack of data is not usually a problem for retailers. The important thing is to get data that is in separate silos to blend together.

Data to powering business | With the right business intelligence tools, retailers can ask and answer questions about their own data in a matter of seconds.

Beyond real-time | Predictive analytics enables informed inferences about what customers will want in the next few hours, tomorrow, next week and next year. An accurate count of product inventory in your stores, warehouses or other locations supports a complete view of the data.

GMP IT advises on creation and management of Tableau dashboards to those who wish to focus on the leading platform in business intelligence. GMP has an extensive experience in IT consulting in the region. Metalsa, Provincia Leasing, Sumitomo, Marsh, Dana, General Electric and Nufarm are some of the companies that rely on their services.

In the last few years, queries about on-premise software and cloud applications have multiplied. However, thanks to the digital transformation, the cloud is already a reality and the questions are focused on migration processes: how and when. What is certain is that the adoption of cloud services such as Oracle’s Enterprise Resource Planning brings significant advantages for companies.

Quantifiable economic benefits | SaaS applications outperform on-premise systems in terms of economic analysis tools.

Capital flexibility | Cloud applications enable better allocation of a company’s capital resources by leveraging OpEx rather than CapEx accounting.

Leverage the future | Cloud infrastructure is rapidly evolving to take advantage of the next big thing. By design, it is poised to deliver future capabilities as they evolve.

Life flexibility | The office is now our home or coffee shop. The cloud ERP system is designed to run securely anywhere, anytime, and is designed to maximize productivity regardless of the work environment.

GMP IT is a consulting firm with extensive experience in advising on the adoption of Oracle cloud services. Sumitomo Chemical Latin America, General Electric, Provincia Leasing, Stoller, Metalsa and Marsh are some of the other companies that trust and have trusted their services.

According to a study by S&P Global Market Intelligence, nine out of ten companies that adopted artificial intelligence in their businesses began developing their first project in the last five years.

Although in many cases these are incipient projects, more and more solutions based on artificial intelligence are being developed. But success also comes from a well-thought-out strategy with clear objectives.

• Balancing expectations. Determine which problems can actually be solved with artificial intelligence.
• Choose the right types of projects. Explore potential project outcomes before crafting complex data science work.
• Set teams up for success. Making a change with a radical impact on work routines is only accomplished with the team in agreement.
• Start small and iterate. Create something that creates value even if it is a very small incremental improvement.

Future-based decision making is the key to the next business and an artificial intelligence-based approach from Tableau is a gateway. It is a platform for teams to easily understand how predictions are discovered and why they are relevant.

GMP IT advises on creation and management of Tableau dashboards to those who wish to focus on the leading platform in business intelligence. GMP has an extensive experience in IT consulting in the region. Metalsa, Provincia Leasing, Sumitomo, Marsh, Dana, General Electric and Nufarm are some of the companies that rely on their services.

GMP IT successfully completed the migration of the new version of Oracle E-Business Suite for Sumitomo Chemical, a leading company in the chemical sector and considered one of the most important companies in Japan. To complete the project, GMP IT worked in cooperation with Oracle to move forward with the corrections and challenges involved in the migration.

R12.2 is the version that includes “Premier Support” until 2031 and new features including changes in the way it is deployed, patching and system architecture.

In 2020, Oracle released this patch that included updates to the user interface and performance and security improvements. Among other things, downtime will no longer be necessary because updates can now be performed while the system is running.

It also features new dashboards that help users obtain information and view their highlighted activities, as well as the ability to drill down on transactions.

GMP IT is a consulting firm with extensive experience in advising on the adoption of Oracle cloud services. Since 2020 it has been working with Sumitomo Chemical Latin America as an integrated supplier to its IT area based in Brazil. General Electric, Provincia Leasing, Stoller, Metalsa and Marsh are some of the other companies that trust and have trusted in its services.