MATCHING OF PROCESS DATA AND OPERATIONAL DATA FOR A DEEP BUSINESS ANALYSIS: CHECKING THE SUITABILITY OF PROCESS MANAGEMENT TOOLS AND DATABASE MANAGEMENT TOOLS?

Companies have long been taking assistance of simple business analysis to make their strategic decisions but the dilemma of using this method to make internal and external decisions is that the decision makers can see only one side of the picture because the context of the business process is missing. So the decisions made in the light of the business analysis are not accurate. Simple business analysis focuses only on the data itself from various applications and the ambience (context) goes in the background which subsequently affects the decisions made. In today’s competitive business environment, organizations cannot solely rely on the data despite they have to focus on the context of the data. To collect all the relevant information about the particular process the process logs, operational data and its related event logs ought to be considered and integrated. This matching will allow us to take advantage of both data and its semantics. The out of research will facilitate decision makers to ponder on the whole scenario and can make way better decisions.