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

Jet Global

Finance leaders that were quick to recognize the new paradigm got a head start, using the new technology to make their organizations more efficient and profitable. Over the past few decades, however, technology has been closing that gap. Today’s technology takes this evolution a step further. The Real-Time Paradigm.

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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. BA and BI are broad terms covering all kinds of technologies and approaches – and, to add to the confusion, are often used interchangeably. Confused yet?

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Why Business Intelligence is Top of Mind for CFOs for 2022

Jet Global

The term “ business intelligence ” (BI) has been in common use for several decades now, referring initially to the OLAP systems that drew largely upon pre-processed information stored in data warehouses. As technology has evolved, BI has grown steadily more powerful, affordable, and accessible. Why business intelligence

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

CIO Business Intelligence

The concept of DSS grew out of research conducted at the Carnegie Institute of Technology in the 1950s and 1960s, but really took root in the enterprise in the 1980s in the form of executive information systems (EIS), group decision support systems (GDSS), and organizational decision support systems (ODSS). Document-driven DSS.

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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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What Are OLAP (Online Analytical Processing) Tools?

Smart Data Collective

One of the most valuable tools available is OLAP. Every data scientist needs to understand the benefits that this technology offers. Using OLAP Tools Properly. Trend analysis, financial reporting, and sales forecasting are frequently aided by OLAP business intelligence queries. ( OLAP’s disadvantages.