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| Business Intelligence Glossary |
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Are you new to business intelligence or want to know more?
Find appropriate business intelligence videos, business intelligence news, business intelligence whitepapers, business intelligence articles and business intelligence case studies to learn about business intelligence basics, business intelligence benefits and our business intelligence success stories.
This useful BI resource will keep you abreast with the latest in Business Intelligence market, including Business Intelligence Solutions, Business Intelligence Services, Business Intelligence Technology, Enterprise Reporting, Enterprise Data Integration and Corporate Performance Management including Business Balanced Scorecards trends.
Truly realize the hidden potential of Business Intelligence tool and Online Corporate Performance Management Software ElegantJ BI! |
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Here is a comprehensive list of Business Intelligence terms of your interest and reference.
In case you do not find any information you are looking for, please feel free to email us and we will get back to you as soon as possible. |
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Glossary Locate by searching our alphabetical listing. |
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| Online Analytical Processing - (OLAP) |
| Online Analytical Processing is an approach to quickly providing answers to complex analytical queries. Short for Online Analytical Processing, technology approach , it enables fast analysis of shared, multi-dimensional data. Databases configured for OLAP employ a multidimensional data model, which is optimised for complex analytical and ad-hoc queries by using the concept of a 'cube,' pre-calculated data dimensions. For example, it would allow a user to ask questions like "How many computers have been sold in Canada this year?", "Of those sold in Canada, how many were sold to people over 50?", etc. Refer OLAP Cube for more information. |
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| OLAP Cube |
| OLAP compiles a set of source data and restructures it into an OLAP cube, which is optimised for analysis. A cube represents pre-calculated dimensions of data available to a user, which, in turn, enables the faster processing. Queries are then run against the cubes. Refer OLAP for more information. |
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| Online Transactional Processing (OLTP) |
| Online Transactional Processing is a type of system that immediately handles operational data and transactions. This operational system allows the smooth functioning of an organisation’s daily business. Usually OLTP offers no analytical capabilities. |
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| Optimisation |
| It is a scientific approach to solving problems, the purpose of which is to improve on the subjective aspects of decision-making; thus improving operational efficiency. It calls for the mathematical formulation of the problem and an explicit statement of the desired objectives. The method consists of creating a mathematical model and using computational means to help choose the best schedule of actions among alternatives. |
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| Original Equipment Manufacturer (OEM) |
| An Original Equipment Manufacturer (OEM) is a company developing and manufacturing standardized products or modules, which are then incorporated into end products using the reseller's brand name. OEM, when used to describe software, is used to differentiate that version of the software which is bundled with other hardware or software from that same software package sold on its own as a retail package. When a customer purchases an OEM product often only a limited number of changes like branding or labeling are done. |
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| Related Links: |
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What is Balanced Scorecard? |
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| Balanced Scorecard is an innovative strategic performance management system that provides a comprehensive view of a business to help managers focus on performance metrics while balancing financial objectives with customer, process and employee perspectives. |
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Dashboard templates available |
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in ElegantJBI |
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| Truly Impressive and Eye Catchy Collection of dashboard templates are available in ElegantJBI for viewing the snap shot & insightful Key performance Indicators (KPI’s).
Dashboard KPI’s can keep you up-to-date on your company status |
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