article thumbnail

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.” Executive dashboards are becoming increasingly popular because of the power of visual displays to summarize large amounts of information and convey meaning far more intuitively than rows and columns of numbers can do.

article thumbnail

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. See an example: Explore Dashboard. Business Analytics is One Part of Business Intelligence. Confused yet?

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

Business intelligence (BI) software can help by combining online analytical processing (OLAP), location intelligence, enterprise reporting, and more. If data is the fuel driving opportunities for optimization, data mining is the engine—converting that raw fuel into forward motion for your business.

article thumbnail

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

AWS Big Data

Consumption This pillar consists of various consumption channels for enterprise analytical needs. It includes business intelligence (BI) users, canned and interactive reports, dashboards, data science workloads, Internet of Things (IoT), web apps, and third-party data consumers.

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. So how is the data extracted?

article thumbnail

The Future of AI in the Enterprise

Jet Global

The optimized data warehouse isn’t simply a number of relational databases cobbled together, however—it’s built on modern data storage structures such as the Online Analytical Processing (or OLAP) cubes. Cubes are multi-dimensional datasets that are optimized for analytical processing applications such as AI or BI solutions.

article thumbnail

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

Jet Global

Consultants and developers familiar with the AX data model could query the database using any number of different tools, including a myriad of different report writers. Data entities are more secure and arguably easier to master than the relational database model, but one downside is there are lots of them!