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

CIO Business Intelligence

A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions. According to Gartner, the goal is to design, model, align, execute, monitor, and tune decision models and processes. Model-driven DSS. They emphasize access to and manipulation of a model.

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What Are OLAP (Online Analytical Processing) Tools?

Smart Data Collective

One of the most valuable tools available is OLAP. Using OLAP Tools Properly. Trend analysis, financial reporting, and sales forecasting are frequently aided by OLAP business intelligence queries. ( Several or more cubes are used to separate OLAP databases. You need to utilize the best tools to handle these tasks.

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Complexity Drives Costs: A Look Inside BYOD and Azure Data Lakes

Jet Global

It sells a myriad of different software products, including a growing portfolio of software-as-a-service (SaaS) offerings. That stands for “bring your own database,” and it refers to a model in which core ERP data are replicated to a separate standalone database used exclusively for reporting.

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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.” Technically speaking, OLAP refers to methodologies for producing multidimensional analysis on high-volume data sets.). That may prompt further investigation and could reveal insights as to the appropriate corrective action.

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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. So how does a leading-edge business find a way to marry their wealth of data with the opportunity to utilize it effectively via BI software? Toiling Away in the Data Mines.

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Time to Act: Key Considerations When Leaving the Legacy Behind

Jedox

Users should be able to create their own integrated plans and reports based on the same data model and business logic. Planners in your organization shouldn’t need coding or software engineering skills to be able to use the solution. How will you keep the user experience as simple as possible?

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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. In a recent McKinsey survey of 3,000 business executives, 41% responded that they were uncertain of the benefits of AI for their business. Get Insight Now.