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A little background:
We have an IBM iSeries v7.1 I believe that houses our ERP system.  The ERP system has a DB2 database to house all of the data.

We’re running SharePoint 2013 Enterprise on Server 2012 with a SQL 2012 backend.

We’d like to be able to do a few things with this data in SharePoint including:

1.  Create site columns based on columns in the ERP system with real time data not a point in time copy of the data.

2.  Create reports based on live data through BCS to automate what is now a manual process.

3.  Create Metadata terms based on some of the data in the ERP system.

I know there are some products out there that will do some of this, but I’m wondering if we really need these products or if this is something that SharePoint does natively?

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