Real? Time!
The profession “consultant”, to which I belong, sometimes feels suspected of a cliché, especially to use so-called “buzzwords” or even to coin them in the first place. However, I don’t know exactly who created the term “real time”, which is by the way even defined in a German industry standard. If you browse through the past, you may get the impression that IT providers, customers and consultants have been hunting for real time in reporting together, especially since the 1970s. But why is the term “real-time” still so omnipresent as an objective of projects and new products? After all, it implies quite logically that real time has not yet been implemented in many places in the various reports. There are, of course, good reasons why many reporting solutions, especially in complex organizations, still do not provide up-to-date data “always at the push of a button” (to give the term “real-time” a pragmatic, experimental description). M&A activities, for example, bring new data sources, structures and characteristics, new systems and “differently designed processes” into the companies and would first have to be integrated and harmonized for a then group-wide “truly real real-time reporting”. In the case of ERP systems, this