article thumbnail

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

Jet Global

If you are confused about reporting analytics vs. financial reporting, it makes sense to start with a baseline definition of financial reporting. Multi-dimensional analysis is sometimes referred to as “OLAP”, which stands for “online analytical processing.” Financial Reporting.

article thumbnail

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

CIO Business Intelligence

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. It features support for creating and visualizing decision tree–driven customer interaction flows. They emphasize access to and manipulation of a model.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is OLAP?

Jedox

In this blog post, we’ll look at the definition of OLAP as well as an overview of the technology. We explain what lies behind OLAP, what cubes have to do with it and what makes the technology so powerful for modern planning, budgeting, and forecasting. What’s so special about OLAP technology? are often used.

OLAP 92
article thumbnail

AI vs. BI for Business, What Do You Need?

Jet Global

Vision systems: Vision systems are capable of analyzing and interpreting visual images, such as aerial photographs, medical imaging, or product labels. With data visualization tools, critical insights are displayed in rich graphical representations that are easier for the human brain to interpret.

article thumbnail

Prevent Customer Churn: Customer Retention in the Transition to Microsoft D365 F&SCM

Jet Global

There are definite steps you can take to increase customer value, win loyalty, and improve your chances of retaining those customers for the long haul. In many respects, it is more akin to some of the very complex data warehousing and OLAP tools of the past–perhaps with an even steeper learning curve. A Look at Switching Costs For ERP.

article thumbnail

Business Intelligence System: Definition, Application & Practice

FineReport

OLAP is a data analysis tool based on data warehouse environment. Data Visualization. Data visualization can reflect business operations intuitively. If the company has reached a high degree of informatization, the success rate of importing the BI system will definitely be greatly improved. Data Analysis. Free Download.

article thumbnail

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

Sisense

BI lets you apply chosen metrics to potentially huge, unstructured datasets, and covers querying, data mining , online analytical processing ( OLAP ), and reporting as well as business performance monitoring, predictive and prescriptive analytics. But on the whole, BI is more concerned with the whats and the hows than the whys.