Business Intelligence and Data Analytics Blog

Information and Discussions on Business Intelligence, Data Analysis, and Management featuring: Strategies, Best Practices, PARIS Product Tips and News

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Fashion & Business Intelligence (BI)—An Unbelievable Connection

How can Business Intelligence solutions benefit fashion industry? Using the right BI tool such as OLATION and PowerOLAP to manage a manufacturer, designer and distribution sales channels can revolutionize traditional ready-to-wear fashion company’s complicated and inefficient systems into a streamlined process.

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The Naked Data Disaster

What is naked data? Naked data is information that is unprocessed, raw and messy. If we want to obtain real visualized data, it should be organized and formed— it should be meaningful it should be visualized. Data Visualization is “information that has been abstracted in some schematic form, including attributes or variables for the units of information.”

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What is “In-memory” Data?

What is in-memory data? In-memory database systems (IMDB) also referred to as main-memory database system (MMDB) are a growing subset of a database management system (DBMS) software, which primarily relies on main memory for computer data storage rather than a disk storage mechanism.

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OLAP VS OLTP

Comparison between two Business Intelligence (BI) technologies: OLTP (Online Transaction Processing) and OLAP (Online Analytical Processing).

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Debunking 4 Common Business Intelligence Myths

There are many myths surrounding Business Intelligence tools and/or implementations that sometimes make companies shy away from Business Intelligence software solutions. What is the truth real truth in these Business Intelligence myths?

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Do Finance Departments need a Business Intelligence (BI) Tool?

Finance and accounting information systems gather, store and process financial and accounting data for decision makers to help companies to formulate statistical reports. When Business Intelligence tools are used in conjunction with best accounting software it gives finance departments the ability to turn data into actionable insights.

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The Future of Data Management With Olation

The future of data management lies in the fusion of database technologies. Olation has pioneered this by joining relational and multidimensional database technologies (OLTP and OLAP) to serve as a one-stop solution for all data management needs. OLAP or Online Analytical Processing is an approach to answering multi-dimensional analytical queries swiftly. OLAP operation tools such as consolidation (roll-up), drill-down, and slicing and dicing, enable users to analyze multidimensional data interactively from multiple perspectives.

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Why do you need a Business Intelligence (BI) Solution?

With the amount of data stored by companies growing exponentially, it is no surprise that finding the right data management solution continues to show up on the priority list of Chief Information Officers (CIO). Data has to be secure and distributed efficiently for important up-to-date business decisions.

Companies need to translate data into information to plan for future business strategies. For most companies, valuable data is stored in massive spreadsheets or servers. Ideally, this data should provide you with information on sales trends, consumer behavior and resources allocation. Company data can indicate the viability of your product and help in the planning of your future growth. Hence data can help maximize revenues and reduce costs.

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How to Achieve Maximum Productivity With SAP Business One

Many firms try to make do with built in reporting systems, and then end up ‘clerking’ growing mounds of disconnected data in spreadsheets. This is precisely the problem that PowerAnalytics addresses to such powerful effect for users of SAP® Business One. PowerAnalytics fulfills the sophisticated requirements of companies managing general ledger accounts across separate business entities, and their dire need for a consolidated reporting solution.

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Solve Business Budgeting Challenges
How To Solve Your Budgeting and Reporting Challenges
Many companies today utilize some form of Enterprise Resource Planning (ERP) System to integrate information across various departments such as
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What is OLAP (Online Analytical Processing)?
OLAP is an acronym for Online Analytical Processing. OLAP performs multidimensional analysis of business data and provides the capability for complex calculations, trend analysis, and
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Types of OLAP Implementation
OLAP implementation depends not only from technological basis software that is going to be used – but more from the
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