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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. Online Analytical Processing (OLAP) is a term that refers to the process of analyzing data online. see more ).

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What is business intelligence? Transforming data into business insights

CIO Business Intelligence

BI tools access and analyze data sets and present analytical findings in reports, summaries, dashboards, graphs, charts, and maps to provide users with detailed intelligence about the state of the business. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward.

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How gaming companies can use Amazon Redshift Serverless to build scalable analytical applications faster and easier

AWS Big Data

Analytics reference architecture for gaming organizations In this section, we discuss how gaming organizations can use a data hub architecture to address the analytical needs of an enterprise, which requires the same data at multiple levels of granularity and different formats, and is standardized for faster consumption.

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Reporting Analytics vs. Financial Reporting: Is There a Difference?

Jet Global

Multi-dimensional analysis is sometimes referred to as “OLAP”, which stands for “online analytical processing.” Technically speaking, OLAP refers to methodologies for producing multidimensional analysis on high-volume data sets.).

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Build an Amazon Redshift data warehouse using an Amazon DynamoDB single-table design

AWS Big Data

In traditional databases, we would model such applications using a normalized data model (entity-relation diagram). Deriving business insights by identifying year-on-year sales growth is an example of an online analytical processing (OLAP) query. To house our data, we need to define a data model.

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What’s the Difference Between Business Intelligence and Business Analytics?

Sisense

Typically, this involves using statistical analysis and predictive modeling to establish trends, figuring out why things are happening, and making an educated guess about how things will pan out in the future. Business Analytics is One Part of Business Intelligence. What About “Business Intelligence”?

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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. Outer detection is also sometimes referred to as Outlier Analysis or Outlier mining. Common examples are intrusion detection and fraud detection.