article thumbnail

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. OLAP’s disadvantages. see more ).

article thumbnail

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.

OLAP 92
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

BI Cubed: Data Lineage on OLAP Anyone?

Octopai

How much time has your BI team wasted on finding data and creating metadata management reports? However, over time new technologies and tools developed to ease data reporting and analysis. This is how the Online Analytical Processing (OLAP) cube was born, which you might call one of the grooviest BI inventions developed in the 70s.

OLAP 81
article thumbnail

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.

article thumbnail

Best Reporting Tools List You Can’t Miss in 2020

FineReport

Reporting tools play vital importance in transforming data into visual graphs and charts, presenting data in an attractive and intuitive manner. An excellent reporting tool will let you gather information conveniently and to have a comprehensive view of your business. Reporting Tools VS BI Reporting . Crystal Reports.

article thumbnail

Reporting System: Everything You Need to Know

FineReport

When mentioning the reporting, folders loaded with spreadsheets, graphs, and commentaries may ring a bell. With the development of enterprise informatization, there are more and more kinds of data produced, and the demand for reports surges day by day. What is the Reporting System? Software to Build Reporting System.

article thumbnail

A Complete Guide For BI Reporting

FineReport

What is BI Reporting? . Business Intelligence is commonly divided into four different types: reporting, analysis, monitoring, and prediction. BI reporting is often called reporting. In other words, you can view BI reporting as various styles+ dynamic data. . BI Reports can vary in their interactivity.