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What Are OLAP (Online Analytical Processing) Tools?

Smart Data Collective

One of the most valuable tools available is OLAP. Using OLAP Tools Properly. Trend analysis, financial reporting, and sales forecasting are frequently aided by OLAP business intelligence queries. ( Several or more cubes are used to separate OLAP databases. OLAP’s disadvantages. see more ).

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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. As AI techniques continue to evolve, innovative applications in the OLAP domain are anticipated.

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Simplify Online Analytical Processing (OLAP) queries in Amazon Redshift using new SQL constructs such as ROLLUP, CUBE, and GROUPING SETS

AWS Big Data

Solution overview Online Analytical Processing (OLAP) is an effective tool for today’s data and business analysts. An analyst can use OLAP aggregations to analyze buying patterns by grouping customers by demographic, geographic, and psychographic data, and then summarizing the data to look for trends.

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Unleashing the power of Presto: The Uber case study

IBM Big Data Hub

While this side-by-side strategy enabled data capture, they quickly discovered that the data lake worked well for long-running queries, but it was not fast enough to support the near-real time engagement necessary to maintain a competitive advantage. They stood up a file-based data lake alongside their analytical database.

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What is business intelligence? Transforming data into business insights

CIO Business Intelligence

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions.

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Welcome To The Digital Age: BI Meets Social Media

Smart Data Collective

One of them is by helping them improve their social media marketing strategies. With the help of BI tools, companies gain valuable insights, enabling them to decode user behavior, assess the impact of their social media strategies, and outshine their competitors. In the 1990s, OLAP tools allowed multidimensional data analysis.

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Navigating Data Entities, BYOD, and Data Lakes in Microsoft Dynamics

Jet Global

Online analytical processing (OLAP), which enabled users to quickly and easily view data along different dimensions, was coming of age. The challenge with OLAP, however, is that it requires intensive processing power to aggregate data according to various categories or dimensions. Data warehouses have been in widespread use for years.