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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. Store and manage: Next, businesses store and manage the data in a multidimensional database system, such as OLAP or tabular cubes. READ BLOG POST.

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

Sisense

This is where Business Analytics (BA) and Business Intelligence (BI) come in: both provide methods and tools for handling and making sense of the data at your disposal. So…what is the difference between business intelligence and business analytics? What Does “Business Analytics” Mean?

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What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions. Decision support systems vs. business intelligence DSS and business intelligence (BI) are often conflated. Model-driven DSS. Commonly used models include: Statistical models.

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The Business Intelligence Market – What’s Old is New

In(tegrate) the Clouds

As the data visualization, big data, Hadoop, Spark and self-service hype gives way to IoT, AI and Machine Learning, I dug up an old parody post on the business intelligence market circa 2007-2009 when cloud analytics was just a disruptive idea. Thanks to The OLAP Report for lots of great market materials. IT couldn’t find them.

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The Enterprise AI Revolution Starts with BI

Jet Global

In a recent McKinsey survey of 3,000 business executives, 41% responded that they were uncertain of the benefits of AI for their business. 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. It All Starts with Data.

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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. see more ). For two-dimensional data, this is ideal.

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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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