OLTP is an initialism for Online Transaction Processing. This is a type of software program that is designed to support transaction-oriented application processing. Online transaction processing systems are used in business for handling processes like financial...
Online Analytical Processing, also known as OLAP, is an approach to view and analyze multidimensional data from multiple perspectives. Unlike OLTP (online transaction processing), which is useful in transaction processing (involving less complex querying), OLAP deals...
Multi-tenant architecture uses a single instance of a software application to serve multiple customer organizations, called tenants. Tenants are a group of users who share a common access point to the software. The systems that operate this way share the software,...
Mobile Business Intelligence (Mobile BI) is software that allows BI data to be viewed on a mobile device. Mobile BI has just recently become popular among BI users, and is helpful for remote workers that need information but do not have immediate access to a computer....
A measure of key business objectives of an organization. A Key Performance Indicator (KPI) is a measure that determines how effectively, or ineffectively, organizations, projects or individuals achieve their key business objectives compared to their strategic...
JD Edwards is a suite of enterprise resource planning (ERP) software from Oracle. Focused on a modern and simplified user experience, the purpose-built applications are aligned to create a seamless experience for end users that’s integrated with digital technologies....
Financial statements are reports on companies’ spending and fiscal positions. These statements can be audited by the government to prevent tax fraud and other illegal activities. Financial analysts use these statements to analyze a company’s performance, then use that...
Edge analytics is a method of data collection and analysis that uses an automated analytical data computation that is performed at a sensor or other device. This is performed before the data is sent to a centralized store. This process involves collecting, analyzing...
Collaboration is the action of working with others to achieve a certain goal. With analytics, this can refer to two or more people using the same data set, working on the same report, or creating separate reports that relate to each other. BI Tools Support...
Cognitive Analytics is intelligent technology that covers multiple analytical techniques to analyze large data sets and give structure to the unstructured data. To put it simply, a cognitive analytics system searches through the data that exists in its knowledge base...
The cloud, or cloud computing, is a type of storage that uses a network of physical locations to store software, hardware and services that run on the internet rather than on your device. The cloud is an all-encompassing term that includes multiple “clouds” that are...
Metadata is data that contains information about other data. Metadata, in general, is used almost everywhere. The most common example is the use of meta tags in a web page. Search engines use these meta tags to identify a web page’s relevance, then rank the page among...
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