Gartner’s 2012 Hype Cycle for Emerging Technologies

Since 1995, Gartner has been tracking the development and adoption of new technologies by plotting them on their Hype Cycle,…

AlexOlesker
6 Min Read

Increased Demands for BI within Healthcare IT

What is driving the demand for BI and analytic professionals within healthcare? What is driving the demand for BI and…

DougLautzenheiser
4 Min Read

When Your Cloud Platform Becomes Your Competition

As more companies turn to cloud computing, social media and online selling platforms to avoid spending budgets on infrastructure, it…

paulbarsch
4 Min Read

Interactive Analytics and OLAP – Part II

After the first stage of real application process of the OLAP in interactive analytics and OLAP - Part I, we will start OLAP application of stage 2.  After the first stage of real application process of the OLAP in interactive analytics and OLAP - Part I, we will start OLAP application of stage 2. Those guesses in part I of interactive data analytics are just the basis for forecast. After operating for a period of time, a constructed business system can also accumulate large quantities of data (so called complex data calculation), and these guesses have most probably been evaluated by these accumulated data, when evaluated to be true, they can be used in forecast; when evaluated to be false they will be re-guessed. It needs to be noted that these guesses are made by users themselves instead of the computer system! Instant data analytics is started by human being in OLAP. What a computer should do is to help a user to evaluate according to the existing data, the guess to be true or false, namely, on-line data query (including certain aggregation computation). This is just the application process of OLAP. The reason why on-line analysis is needed is that many query computations are temporarily required after a user has seen a certain intermediate result. In the whole process, model in advance is impossible and unnecessary (Raqsoft esProc is born to deal with these issues).We call the above process evaluation process, whose purpose is to find from historical data some laws or evidences for conclusions, and the means adopted is to conduct interactive query computation on historical data. And this process can be a complex data calculation.       The following are a few examples actually requiring computations (or queries):       The first n customers whose purchases from the company account for half of the sales volume of the company of the current year;       The stocks which go up to the limit for three consecutive days within one month;       Commodities in the supermarket which are sold out at 5 P.M for three times within one month;       Commodities whose sales volumes in this month have decreased by more than 20% over those of the preceding month;       …Evidently, this type of computation demand is ubiquitous in business analysis process and all can be computed out from historical database.Then, can the narrowed OLAP be used to complete the above-mentioned data computation process?In the third part of Interactive Analytics and OLAP, i will answer the question above.Sponsored by http://www.raqsoft.comTo be continued... Related Articles:Interactive Analytics and OLAP - Part I

raqsoft
0 Min Read

Open Data: What’s It Hiding?

Let’s get this straight – I’m all for open data. Yet the fanfare about open data is taking up so…

metabrown
8 Min Read

Puzzling?: Facebook Squares ‘Puzzle’

The following article could claim some connections with both mathematics and social media, but in truth relates to neither. Its…

Peter James Thomas
4 Min Read

I Love Social Media Because Sample Sizes Can Be In The Millions

I recently wrote a blog post citing ten of the things I love about social media research. Today I address love…

AnniePettit
2 Min Read

Choose Your Target Carefully

Every so often, an article or survey will appear stressing the importance of data preparation as an early step in…

DeanAbbott
3 Min Read

Three Ways of Visualizing the Growth of Walmart

It's a wonderful thing when people make interesting data sets available to the public. When Thomas Jones wrote a paper…

DavidMSmith
2 Min Read

Panos Ipeirotis Speaking at LinkedIn about Crowdsourcing!

Sharing knowledge is part of our core culture at LinkedIn, whether it’s through hackdays or contributions to open-source projects. We actively participate in…

Daniel Tunkelang
4 Min Read