article thumbnail

What Are OLAP (Online Analytical Processing) Tools?

Smart Data Collective

Every data scientist needs to understand the benefits that this technology offers. 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. Types: HOLAP stands for Hybrid Online Analytical Processing.

article thumbnail

What is business intelligence? Transforming data into business insights

CIO Business Intelligence

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions.

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

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. Saving time and headaches with online analytical processing tool.

OLAP 81
article thumbnail

Business Intelligence Solutions: Every Thing You Need to Know

FineReport

However, along with the diffusion of digital technology, the amount of data is getting larger and larger, and data collection and cleaning work have become more and more time-consuming. Business intelligence solutions are a whole combination of technology and strategy, used to handle the existing data of the enterprises effectively.

article thumbnail

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.” As the technology to produce such visualizations has become increasingly powerful and affordable, business leaders are using them more than ever to gain rapid insights into what’s happening in their companies.

article thumbnail

Financial Intelligence vs. Business Intelligence: What’s the Difference?

Jet Global

Finance leaders that were quick to recognize the new paradigm got a head start, using the new technology to make their organizations more efficient and profitable. Over the past few decades, however, technology has been closing that gap. Today’s technology takes this evolution a step further.

article thumbnail

Use the new SQL commands MERGE and QUALIFY to implement and validate change data capture in Amazon Redshift

AWS Big Data

Tens of thousands of customers use Amazon Redshift to process exabytes of data every day to power their analytics workloads. He specializes in Amazon Redshift and helps customers build scalable analytical solutions. He has more than 16 years of experience in different database and data warehousing technologies.