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What is business intelligence? Transforming data into business insights

CIO Business Intelligence

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions.

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

Jet Global

In fact there are some very important differences between the two, and understanding those distinctions can go a long way toward helping your organization make best use of both financial reporting and analytics. Multi-dimensional analysis is sometimes referred to as “OLAP”, which stands for “online analytical processing.”

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TIBCO JasperSoft for BI and Reporting

BizAcuity

TIBCO Jaspersoft offers a complete BI suite that includes reporting, online analytical processing (OLAP), visual analytics , and data integration. Online Analytical Processing (OLAP). Good Visualization Options. JasperSoft for Big Data Analytics. Source: [link] ]. Ad Hoc Analysis.

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Business Intelligence Solutions: Every Thing You Need to Know

FineReport

BI software solutions quickly and precisely deliver informative reports and, in the end, fit a solid basis for decision-making over business operations. Technicals such as data warehouse, online analytical processing (OLAP) tools, and data mining are often binding. Data visualization analysis. Data security.

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BI Cubed: Data Lineage on OLAP Anyone?

Octopai

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. Saving time and headaches with online analytical processing tool. However, over time new technologies and tools developed to ease data reporting and analysis.

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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.

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

Sisense

And, again, the ultimate goals are to better understand how the business is doing, make better-informed decisions that improve performance, and create new strategic opportunities for growth. So, BI deals with historical data leading right up to the present, and what you do with that information is up to you.