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What Are OLAP (Online Analytical Processing) Tools?

Smart Data Collective

Online analytical processing is a computer method that enables users to retrieve and query data rapidly and carefully in order to study it from a variety of angles. Online Analytical Processing (OLAP) is a term that refers to the process of analyzing data online. Using OLAP Tools Properly.

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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.” Ad hoc analysis brings together historical data with information about prospective future scenarios to model potential outcomes that could arise from internal business decisions or external factors in the marketplace.

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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. What About “Business Intelligence”? BI is also about accessing and exploring your organization’s data.

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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. Cubes are multi-dimensional datasets that are optimized for analytical processing applications such as AI or BI solutions.

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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!

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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. But data alone is not the answer—without a means to interact with the data and extract meaningful insight, it’s essentially useless.

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

AWS Big Data

Data repository services Amazon Redshift is the recommended data storage service for OLAP (Online Analytical Processing) workloads such as cloud data warehouses, data marts, and other analytical data stores. It enables you to create interactive dashboards, visualizations, and advanced analytics with ML insights.