EIDA

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Motivation

EIDA2.gif
  • Economic Intelligence Data Analysis looks at analysing economic factors in the eco-political system of a business that can affect judgement as to its value and direction.
  • It is a growing need in face of 'The World is Flat' analogy where anything anywhere has an impact be it local or global.
  • It is very difficult to figure out what is relevant or not, but users want to eventually know the full range of diverse scenarios and any 'what-ifs'.
  • It is hereby proposed by KrimNet Malaysia, an application provider to the Government of Malaysia particularly for its Ministry of Finance.
  • KrimNet has developed E-IDA, the application to forward the concept of EIDA.
  • KrimNet has increasing need to hook up E-IDA to an ERP backend for many of its clients and users.
  • They can integrate their internal systems to E-IDA through ADempiere Rapid Development framework.

  • KRIM Network Sdn Bhd is a Malaysian MSC Status Company (refered to as KrimNet)
    • Incorporated since 1995
    • MYR 1.5 million paid-up share capital
    • 500 employees in the group of companies
  • Group principal business
    • Software Application
    • Information Technology
    • 3D Multimedia Services
    • Renewable Solar Energy
    • Training and Consultancy

KrimNet Track Record

  1. Economic Intelligence Database System for the Malaysian Ministry of Finance
  2. Electronic Programme Monitoring System for Terengganu State Economic Planning Unit
  3. Electronic Pihak Berkuasa Tempatan for Terengganu State Local Municipals
  4. eKemiskinan for Terengganu State Economic Planning Unit
  5. eMunakahat for Terengganu Religious Affairs Department
  6. eAduan for Terengganu State Government
  7. GuruMAS for Terenganu Islamic Foundation
  8. K-Man Profiling System for the Central Terengganu Development Authority
  9. Siscom for Terengganu State Information Management Unit
  10. Web Portals for KRIM, Ketengah, Solartif, Warisan Ilmu, etc
  11. KRIM Network Support System for KRIM internal operations
  12. KRIM Sistem Tempahan Kenderaan for KRIM internal operations
  13. KRIM eOffice for KRIM internal operations

Resource Consideration

  • It will not reinvent the wheel by relying on best practice of the global community in the outstanding ADempiere Project.
  • It will save cost and resources by utilising and supporting the inherent development process and community.
  • It can leverage on ADempiere worldwide market reach to promote this product in optimal terms.

Technical Consideration

  • EIDA can be a plugin or standalone for users to model relevant economic factors into their business or operating environment.
  • It can use the latest OSGI component plugin concept to innovate further the modularisation roadmap of the Open Source project.

Background of E-IDA

  • The Economic Intelligence Data Application (E-IDA) is a web based database framework for gathering and monitoring economic indicators and programmes based on the work done by KRIM Network Sdn. Bhd. (KrimNet) for the Malaysian Ministry of Finance and the Terengganu State Government.
  • E-IDA started off as a pilot project under the Malaysian Prime Minister's Department for the Ministry of Finance. At present, it has 86 users from the Economic and International Division of the Malaysian Ministry of Finance for monitoring 2,743 economic indicators from 1,098 economic entities.
  • The E-IDA feature was further expanded for the Terengganu State Government to include data related to the progress and participation of 144 programmes and 348 projects implemented by the various agencies under the State. It allows the State to assess the impact and benefits of these investment across geographical and sectoral classifications.

E-IDA Objectives

Economic Intelligence Cycle

  • Economic database which implements the intelligence cycle processes of direction, collection, processing, analysis, and reporting.

Monitoring Efficiency

  • How much government expenditure are spent ?
  • Who receives government expenditure and does what ?
  • Which sectors and geographies receives government expenditure ?

Monitoring Effectiveness

  • What is the impact on the industry and society ?
  • Why government strategies can influence the household, firms and economic cycles ?

User Friendly

  • No programming skills required to use
  • Click-and-select user interface
  • Dynamic to support many users and uses

E-IDA Features for Gathering Information

EIDA1.gif

Administration

  • Unlimited levels of sectors and sub-sector datasets
  • Time-series based on month, quarter, half-year and year
  • Unlimited number of portfolios, programmes and projects
  • Unlimited levels of main groups, sub-groups and items
  • Unlimited number of entities and sub-entities
  • Unlimited number of users, groups and permissions
  • Unlimited number of online news sources and documents

Data Entry

  • Budget vs actual expenditure according to entity, project and item
  • Forecast, estimate vs actual economic indicators according to entity, project and item
  • Planned vs actual physical progress dates and percentages according to entity, project and activity

E-IDA Features for Analysing Information

Analysis

  • Automated calculation of group and sub-groups totals whether none, sum, or weighted index
  • Automated calculation of time-series cummulatives based on sum, average, or balance methods
  • Automated calculation for entity and sub-entities consolidation
  • Automated calculation for user defined formulas on items for addition, subtraction, multiplication, division, sum, average, minimum, maximum, median
  • Unlimited number of advanced query on free form live grids using multiple datasets

Reporting

  • 20 pre-defined template reports in table, bar chart, stacked bar, share pie chart, growth line chart, and spreadsheet formats
  • Personalised real-time dashboards combining table, chart and mapping widgets

Further Reading