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An example of an OLAP cube. An OLAP cube is a multi-dimensional array of data. [1] Online analytical processing (OLAP) [2] is a computer-based technique of analyzing data to look for insights. The term cube here refers to a multi-dimensional dataset, which is also sometimes called a hypercube if the number of dimensions is greater than three.
This type of database is suitable to handle complex data models for business management and statistics. Apart from multidimensional queries, data can also be written back and consolidated in real-time. To give rapid access to all data, Palo stores them in the memory during run time. The server is available as open-source and proprietary software.
IBM Planning Analytics powered by TM1 (formerly IBM Cognos TM1, formerly Applix TM1, formerly Sinper TM/1 [1]) is a business performance management software suite designed to implement collaborative planning, budgeting and forecasting solutions, interactive "what-if" analyses, as well as analytical and reporting applications.
Real-time business intelligence (RTBI) is a concept describing the process of delivering business intelligence (BI) or information about business operations as they occur. Real time means near to zero latency and access to information whenever it is required. [1] The speed of today's processing systems has allowed typical data warehousing to ...
Business analytics (BA) refers to the skills, technologies, and practices for iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing new insights and understanding of business performance based on data and statistical methods .
Business intelligence software is a type of application software designed to retrieve, analyze, transform and report data for business intelligence (BI). The applications generally read data that has been previously stored, often - though not necessarily - in a data warehouse or data mart .
Microsoft Power BI is an interactive data visualization software product developed by Microsoft with a primary focus on business intelligence (BI). [7] It is part of the Microsoft Power Platform . Power BI is a collection of software services, apps, and connectors that work together to turn various sources of data into static and interactive ...
The Business Intelligence and Reporting Tools (BIRT) Project is an open source software project that provides reporting and business intelligence capabilities for rich client and web applications, especially those based on Java and Java EE.