by orbit_admin | Jun 20, 2024 | Glossary
These are the methods which use parent-child relationship to drill up/down the data. Hierarchies use parent-child relationships within the data, so that a user can go deeper in order to gain a better insight into the information they are responsible for. Mostly all of... by orbit_admin | Jun 18, 2024 | Glossary
Business intelligence is a process that transforms raw data into actionable insights for better decision-making. The business intelligence process combines data collection, storage, analysis, and visualization so that decision-makers can act on facts rather than... by orbit_admin | Jun 18, 2024 | Glossary
Big data is a general term for larger and less structured data sets coming from a wide variety of modern data sources such as social media and the Internet of Things. Its size and complexity creates challenges for traditional data processing software, even as it... by orbit_admin | Jun 18, 2024 | Glossary
What Is Actionable Intelligence? Actionable intelligence is information an organization can act on to gain a strategic advantage. Unlike raw data or general insights, actionable intelligence connects a specific finding to a specific decision. For example, a retailer...
by orbit_admin | May 9, 2024 | Blog, Financial Reporting
A global enterprise is approaching its fiscal year-end. The finance team is buried under piles of spreadsheets, struggling to reconcile figures from disparate systems. Deadlines loom, errors creep in, and the lack of real-time insights leaves leadership questioning...