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Guide to Data Warehouse: Concepts, Schemas and Benefits Explained

Astera

In the digital age, a data warehouse plays a crucial role in businesses across several industries. It provides a systematic way to collect and analyze large amounts of data from multiple sources, such as marketing, sales, finance databases, and web analytics. What is a Data Warehouse?

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What Is Ad Hoc Reporting? Your Guide To Definition, Meaning, Examples & Benefits

Data Pine

Moreover, a host of ad hoc analysis or reporting platforms boast integrated online data visualization tools to help enhance the data exploration process. This reduces the reliance on software developers or IT personnel for simple analysis and reporting. Easy to use: .

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OLTP and OLAP: Two Sides of the Same Data Coin?

Astera

High data latency: OLAP systems have high data latency.This delay occurs because the system needs to process and aggregate the data before making it available for analysis, creating a gap between the time of data update and its availability for analysis. They have a denormalized data structure.

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A Complete Guide to Data Analytics

Astera

Statistical Analysis : Using statistics to interpret data and identify trends. Predictive Analytics : Employing models to forecast future trends based on historical data. Data Visualization : Presenting data visually to make the analysis understandable to stakeholders.

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All You Need to Know About Data Aggregation

Astera

It prepares data for analysis, making it easier to obtain insights into patterns and insights that aren’t observable in isolated data points. Once aggregated, data is generally stored in a data warehouse. This aggregation type is preferable to conduct trend or pattern analysis over time.

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Mergers and Acquisitions: Data Teams as Key Players in the Integration Process

Analysts Corner

This process involves verifying, investigating, and auditing the financial and operational aspects of the deal (source). As data professionals, we play a crucial role in this phase by managing and structuring key quantitative data. One of the most important aspects of due diligence is financial analysis.

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11 Financial Model Examples & Templates for 2021

Insight Software

Financial models offer data-driven, quantitative analysis that tells you where your company stands and where it’s heading. As a finance professional, you’ll need different types of financial analysis and modeling for different situations. Financial modeling can be quite handy in a number of situations.