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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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What is OLAP?

Jedox

In this blog post, we’ll look at the definition of OLAP as well as an overview of the technology. We explain what lies behind OLAP, what cubes have to do with it and what makes the technology so powerful for modern planning, budgeting, and forecasting. Most modern EPM solutions rely on multidimensional OLAP, also called MOLAP.

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OLAP vs. OLTP: A Comparative Analysis of Data Processing Systems

KDnuggets

A comprehensive comparison between OLAP and OLTP systems, exploring their features, data models, performance needs, and use cases in data engineering.

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How OLAP and AI can enable better business

IBM Big Data Hub

Online analytical processing (OLAP) database systems and artificial intelligence (AI) complement each other and can help enhance data analysis and decision-making when used in tandem. As AI techniques continue to evolve, innovative applications in the OLAP domain are anticipated.

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Build a real-time analytics solution with Apache Pinot on AWS

AWS Big Data

Online Analytical Processing (OLAP) is crucial in modern data-driven apps, acting as an abstraction layer connecting raw data to users for efficient analysis. OLAP combines data from various data sources and aggregates and groups them as business terms and KPIs.

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Unlocking the Games: The Power of OLAP Cubes in Sports Analysis

Paris Technologies

PARIS Tech and partner David Newton from Newton Carmen have collaborated to create an OLAP model for analysing the 2023 Rugby World Cup. Using this data model, full of every Rubgy stat imaginable, we’ve run a video series of over20 different scenarios. Turns out we were able to predict the South African winners!

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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.