article thumbnail

What Are OLAP (Online Analytical Processing) Tools?

Smart Data Collective

Online analytical processing is a computer method that enables users to retrieve and query data rapidly and carefully in order to study it from a variety of angles. Trend analysis, financial reporting, and sales forecasting are frequently aided by OLAP business intelligence queries. ( Using OLAP Tools Properly.

article thumbnail

BI Cubed: Data Lineage on OLAP Anyone?

Octopai

This is how the Online Analytical Processing (OLAP) cube was born, which you might call one of the grooviest BI inventions developed in the 70s. Saving time and headaches with online analytical processing tool. However, over time new technologies and tools developed to ease data reporting and analysis.

OLAP 56
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What Role Does Data Mining Play for Business Intelligence?

Jet Global

Business intelligence (BI) software can help by combining online analytical processing (OLAP), location intelligence, enterprise reporting, and more. to analyze past events to forecast future events.

article thumbnail

How OLAP and AI can enable better business

IBM Big Data Hub

Online analytical processing (OLAP) database systems and artificial intelligence (AI) complement each other and can help enhance data analysis and decision-making when used in tandem. Slice-and-dice analysis : OLAP allows users to slice and dice data along various dimensions, isolating specific segments for in-depth analysis.

OLAP 60
article thumbnail

Master Your Power BI Environment with Tabular Models

Jet Global

It updates a dedicated database against which you can perform reporting and analytics. That stands for “Online Analytical Processing,” and it’s a paradigm that goes back a little more than two decades, to a time when database performance and computational power were far less robust than they are today.

article thumbnail

Reduce IT Dependence for SAP S/4HANA Reporting

Jet Global

As the first in-memory database for SAP, HANA was revolutionary, bringing together the best characteristics of both traditional online transaction processing and online analytical processing. As such, it is poorly suited to the type of basic analytical tasks associated with a month-end closing.