Integration of Data Analytics in Operation of Enterprise Resource Planning Systems

Abstract

Proper control of the company's processes and making the right business decisions nowadays play a huge role in its competitiveness on the market. IT tools that enable analysis of data collected in ERP systems are supportive in this respect. ERP systems may have built-in elements facilitating data analysis, ranging from simple reports to solutions using data warehouses. These solutions provide only static dashboards, which significantly limits the possibilities of analysis. In this paper we present the use of external systems that enable people without programming skills to perform dynamic analyses and the use of machine learning, artificial intelligence and natural language processing methods. We present case study the practical application of data analysis in ERP systems (IFS Application) using Power BI.