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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.

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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 is OLAP?

Jedox

The sophisticated technology behind modern EPM solutions is still a mystery to many. In this blog post, we’ll look at the definition of OLAP as well as an overview of the technology. Most modern EPM solutions rely on multidimensional OLAP, also called MOLAP. What’s so special about OLAP technology?

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BI Cubed: Data Lineage on OLAP Anyone?

Octopai

However, over time new technologies and tools developed to ease data reporting and analysis. This is how the Online Analytical Processing (OLAP) cube was born, which you might call one of the grooviest BI inventions developed in the 70s. The OLAP cube makes reading data across multiple dimensions manageable.

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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). Forecasting models.

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Best Reporting Tools List You Can’t Miss in 2020

FineReport

The former is more professional in report making, presentation, and printing, while the latter can make OLAP and predict analysis thanks to the BI capabilities. As reporting software, it does not support OLAP. Pros: Apply AI, ML, and NLP technologies for the augmented analytics. FineReport. Crystal Reports. Host Analytics.

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Master Your Power BI Environment with Tabular Models

Jet Global

OLAP Cubes vs. Tabular Models. The first is an OLAP model. To perform multidimensional analysis on large data sets, OLAP data were organized into “cubes.” Part of the performance improvement arises from the development of in-memory database technology. Fortunately, there is a way to have the best of both worlds.