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BI focuses on descriptive analytics, datacollection, data storage, knowledge management, and data analysis to evaluate past business data and better understand currently known information. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward.
Originally, Excel has always been the “solution” for various reporting and data needs. However, along with the diffusion of digital technology, the amount of data is getting larger and larger, and datacollection and cleaning work have become more and more time-consuming. BI software solutions (by FineReport).
It is composed of three functional parts: the underlying data, data analysis, and data presentation. The underlying data is in charge of data management, covering datacollection, ETL, building a data warehouse, etc.
According to the process from data to knowledge, the functional architecture of a general enterprise reporting system is shown below:It is divided into three functional levels: the underlying data, data analysis, and data presentation.
Compared to reporting tools, they can realize data forecast thanks to OLAP analysis and datamining technologies. Comparison between Crystal Reports and FineReport- DataCollection . Crystal Report focuses on the data display. FineReport supports writing data back to the database via web forms.
Well, it is – to the ones that are 100% familiar with it – and it involves the use of various data sources, including internal data from company databases, as well as external data, to generate insights, identify trends, and support strategic planning. In the 1990s, OLAP tools allowed multidimensional data analysis.
Users Want to Help Themselves Datamining is no longer confined to the research department. Today, every professional has the power to be a “data expert.” Let’s just give our customers access to the data. You’ve settled for becoming a datacollection tool rather than adding value to your product.
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