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

Jet Global

The terms “reporting” and “analytics” are often used interchangeably. 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. Financial Reporting.

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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. Trend analysis, financial reporting, and sales forecasting are frequently aided by OLAP business intelligence queries. ( Using OLAP Tools Properly.

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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. The SQL query language used to extract data for reporting could also potentially be used to insert, update, or delete records from the database.

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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. It All Starts with Data.

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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. ” In the past, the hard graft of BI had to be performed by IT analytics professionals, resulting in static reports.

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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. Present: After the data has been analyzed and sorted, it is presented to the end user in an understandable format, such as a report, chart or graph.

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The Future of AI in the Enterprise

Jet Global

Enterprise businesses cannot survive without robust data warehousing—data silos can rapidly devour money and resources, and any business still trying to make sense and cobble together ‘business intelligence’ from multiple reports and inconsistent data is rapidly going to lose ground to those businesses with integrated data and reporting.