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A pivot table field list is provided to the user which lists all the column headers present in the data. For instance, if a table represents sales data of a company, it might include Date of sale, Sales person, Item sold, Color of item, Units sold, Per unit price, and Total price. This makes the data more readily accessible.
Historically, the sales decision process has been managed through the common sales practice of Close Plans or Solution Evaluation Plans that pass information in Excel or Word Documents back-and-forth between customer and vendor. This creates challenges with version control, data latency, poor visibility, and lack of productive participation. [3]
OLAP clients include many spreadsheet programs like Excel, web application, SQL, dashboard tools, etc. Many clients support interactive data exploration where users select dimensions and measures of interest. Some dimensions are used as filters (for slicing and dicing the data) while others are selected as the axes of a pivot table or pivot chart.
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The user can easily download and add files to their Excel sheets to use for their data. Other tools Excel offers is the use of conditional formatting and basic pivot tables and charts. Excel allows the user to reference other cells which ultimately allows for complex computations to be made and conclusions to be drawn from data. [21]
Business intelligence (BI) consists of strategies, methodologies, and technologies used by enterprises for data analysis and management of business information. [1] Common functions of BI technologies include reporting, online analytical processing, analytics, dashboard development, data mining, process mining, complex event processing, business performance management, benchmarking, text ...
Users can embed connection strings to external data sources in the workbook or save them centrally in a data connection library file. Selected cells in worksheets can be made editable by making them named ranges or "parameters". Items which are set as "viewable", when they save to Excel Services, will appear in the Parameters pane in the ...
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 .
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