BMGT 402 Lecture Notes - Lecture 24: Businessobjects, Online Analytical Processing, Activity-Based Costing
3 Apr 2017
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Document Summary
Business intelligence technologies: growth in data warehousing. Demand more powerful access tools that provide advanced analytical capabilities: two main types of access tools o. Online analytical processing (olap) vs. data mining. Provide different information types of complementary: collectively, referred to as business intelligence (bi) technologies, growth in data warehousing + types of access tools = bi. Online analytical processing (olap: the dynamic synthesis, analysis, and consolidation of large volumes of multidimensional data. Optimize the storing and querying of large volume, multidimensional data aggregated (summarized) to various levels of detail to support the analysis of this data. Help users to better understand the corporate data in various angels. Answer why type questions instead of what and who: applications. Aqm the number of analytical queries processed per minute. Finance budgeting, activity based costing, financial performance analysis, financial modeling. Marketing market search analysis, sales forecasting, promotions analysis, customer analysis, market/customer segmentation. Manufacturing production planning, defect analysis: key features.
