Improve Your Business Processes with Hierarchy Management

Improve Your Business Processes with Hierarchy Management
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One of the main objectives with implementing cutting-edge analytics and data management technology is to provide more timely analysis to improve their understanding, planning, and performance evaluation process. 

Enterprise data warehouses (EDW) hold a lot of critical data while business and operational intelligence tools process the information and deliver that information via visualizations, real-time dashboards, reports, and drill-downs to business users. Additional data integration technologies move data from your organization’s systems of record into a data warehouse or big data platform. 

But, when it comes to understanding the rationale behind managing enterprise dimensions, attributes, and hierarchies, many are at a loss. Each one is different, but they all work together to effectively and efficiently manage data. The underlying software that can be used to help you manage it is TIBCO EBX™. Below, we outline an explanation of each component and how EBX™ can help. 

  • Enterprise dimension management: This occurs when you have non-conformed or inconsistent dimensions, such as customers, products, or locations. Non-conformance exists because the underlying systems of record define or use dimensions in different ways or are missing necessary classifications and attributes. To solve this, a business needs to standardize and conform all of its attributes and dimensions across the board and add all necessary data classifications your business requires in its systems of record. 
  • Hierarchy management: Hierarchies are described as a system or organization in which elements are ranked, one above the other, according to status or authority. Often, this requires that the levels and nodes are both accurate and in the right place. The challenge becomes supporting the needs to create, maintain (and in some cases, distribute) alternate versions, or alternate hierarchies. 

EBX™ seamlessly integrates into your business intelligence architecture, sitting between your data integration layer and data warehouse. Instead of manipulating your dimensions and hierarchies in the systems of record, data integration layer, or in the warehouse, your business teams adjust, enrich, or create dimensions and hierarchies in audited workflows inside the software. All this helps ensure that your analytical master data is subjected to a high degree of data governance. Also, your teams can leverage our unique capabilities to design and manage complex hierarchies.

To learn more about how EBX™ can help you manage your business’s data hierarchy, dimensions, and attributes, read the full whitepaper.