article thumbnail

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

Jet Global

The terms “reporting” and “analytics” are often used interchangeably. In fact there are some very important differences between the two, and understanding those distinctions can go a long way toward helping your organization make best use of both financial reporting and analytics. What About Financial Analytics?

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.

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

Data drives everything in the business world, from manufacturing to supply chain logistics to retail sales to customer experience to post-sale marketing and beyond, data holds the secrets to making processes more efficient, production costs cheaper, profit margins higher and marketing campaigns more effective. READ BLOG POST.

article thumbnail

The Enterprise AI Revolution Starts with BI

Jet Global

Many of the features frequently attributed to AI in business, such as automation, analytics, and data modeling aren’t actually features of AI at all. Cubes are multi-dimensional datasets that are optimized for analytical processing applications such as AI or BI solutions. Enter data warehousing.

article thumbnail

Financial Intelligence vs. Business Intelligence: What’s the Difference?

Jet Global

CRM software has gone through a similar transformation, starting with sales force automation, and more recently evolving into a new breed of products that support digital marketing campaigns through email, social media, and online advertising. Over the past few decades, however, technology has been closing that gap.

article thumbnail

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

AWS Big Data

We are continuously investing to make analytics easy with Redshift by simplifying SQL constructs and adding new operators. Solution overview Online Analytical Processing (OLAP) is an effective tool for today’s data and business analysts. However, it can be very time consuming and cumbersome to write and maintain.

article thumbnail

The Future of AI in the Enterprise

Jet Global

Data warehouses are a means of taking data points from disparate touchpoints (such as point-of-sale, CRM, inventory, and warehouse management systems), standardizing the data collected, structuring it to extract necessary insights, and running analysis. Enter data warehousing. And we can help! Want to know more about how BI feeds AI?