As the Definition of 'Analytics' goes, its the data analysis ,modelling ..bla bla ...for ex: developing of banks customer profile , identifying hte profitable customer.
These days, we hear of BA ,its Business analytics, its other way of saying Business data analysis.
Now , coming to our very own essbase, this is the BI tool,which aids the business to analyse data with help of its quick information output in the form of dashboard...etc for you.
Hence, Essbase is not all of Analytics, but it complements the Analytics a lot.
Tuesday, May 27, 2008
Monday, May 26, 2008
MOLAP, ROLAP, Hybrid ...Where does Hyperion Essbase fit in?
One knows the old ways of defining OLAP i.e FASMI - Fast Analysis of Shared Multidimensional Information.
Let me introduce essbase in the context of FASMI
Essbase is Fast,as it gives results i.e information on the reporting platform quickly .Ideally, not more than few seconds .
Essbase is used for analysis purpose , Essbase is very much capable to embeding the business logic .It does encourage programming and is very flexible in changing the calculations i.e business logic .Hence, freedom to change logic as per the requirement of Business.thats why you see financial institues or any industry ,where they have huge data availability, they buy essbase and use it to provide analyses for the Business decisions .
Essbase does encourage multiple users( shared Users) to access at a time in a very secured mode.Essbase does update the changes and serve the users in a timely fashion.
Essbase is multidimensional in nature , if you see any application/ database , it has numerous dimensions ( sbjective to the requirement of the Business), mutiple hierarchies .Mutlidimensionality is most important part of definition.i shall talk on Multidimensionality again as an individual topic.
Information, what do we do after making all the essbase smart cubes , we do communicate through our reporting tool/platform to extract information .This defines information.
Note: Dont get confused with MOLAP and OLAP, most of them use it interchangingly.
Thus, Essbase is MOLAP or an OLAP
Sandeep Reddy Enti
Let me introduce essbase in the context of FASMI
Essbase is Fast,as it gives results i.e information on the reporting platform quickly .Ideally, not more than few seconds .
Essbase is used for analysis purpose , Essbase is very much capable to embeding the business logic .It does encourage programming and is very flexible in changing the calculations i.e business logic .Hence, freedom to change logic as per the requirement of Business.thats why you see financial institues or any industry ,where they have huge data availability, they buy essbase and use it to provide analyses for the Business decisions .
Essbase does encourage multiple users( shared Users) to access at a time in a very secured mode.Essbase does update the changes and serve the users in a timely fashion.
Essbase is multidimensional in nature , if you see any application/ database , it has numerous dimensions ( sbjective to the requirement of the Business), mutiple hierarchies .Mutlidimensionality is most important part of definition.i shall talk on Multidimensionality again as an individual topic.
Information, what do we do after making all the essbase smart cubes , we do communicate through our reporting tool/platform to extract information .This defines information.
Note: Dont get confused with MOLAP and OLAP, most of them use it interchangingly.
Thus, Essbase is MOLAP or an OLAP
Sandeep Reddy Enti
Sunday, May 25, 2008
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