We use cookies, including third-party cookies from Google to serve personalized ads through AdSense, to operate this site and understand how it is used. By continuing to browse, you accept this use. See our Privacy Policy and Terms of Use for details, including how to opt out of personalized advertising.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    chatgpt image jul 21, 2026, 04 34 30 pm
    4 Core Benefits of Predictive Maintenance after Vibration Analysis
    10 Min Read
    How Does Data Mining Boost Customer Satisfaction in Logistics? Harnessing Analytics for Results -- AI-generated illustration
    How Does Data Mining Boost Customer Satisfaction in Logistics? Harnessing Analytics for Results
    11 Min Read
    chatgpt image jul 13, 2026, 04 23 45 pm
    How Data Analytics Helps Companies Improve User Engagement
    19 Min Read
    chatgpt image jul 13, 2026, 03 59 46 pm
    How Data Analytics Improves Multi-Location Search Strategies
    10 Min Read
    cybersecurity efforts
    How Behavioral Analytics and AI Are Redefining Cybersecurity for Boca Raton Businesses
    14 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Interactive Analytics and OLAP – Part II
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Analytics > Predictive Analytics > Interactive Analytics and OLAP – Part II
AnalyticsPredictive Analytics

Interactive Analytics and OLAP – Part II

raqsoft
raqsoft
0 Min Read
Interactive Analytics and OLAP - Part II
Illustration generated with FLUX.2 [Klein 9B] via local ComfyUI.
SHARE

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.

More Read

SaaS economics
SaaS economics
First Results from the Predictive Analytics in the Cloud Survey
Big Data: Google’s #1 Weapon against Web Spam
Surge Expected in Predictive Analytics Market
Will Dwinnell: 6 Reasons You Hired the Wrong Data Miner
  •        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.com

To be continued… 

Related Articles:

Interactive Analytics and OLAP – Part I

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

How Search Engine Indexing Lags Behind Large-Scale Website Domain Migrations -- AI-generated illustration
How Search Engine Indexing Lags Behind Large-Scale Website Domain Migrations
News
How Great Content Moves Through A Marketing Ecosystem -- AI-generated illustration
How Great Content Moves Through A Marketing Ecosystem
Exclusive Infographic Marketing
What Your Brand Misses That Data Reveals -- AI-generated illustration
What Your Brand Misses That Data Reveals
Big Data Exclusive Infographic
5 Common Mistakes Businesses Make During the Risk Assessment Process -- AI-generated illustration
5 Common Mistakes Businesses Make During the Risk Assessment Process
Business Intelligence Exclusive Risk Management

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Business Analytics vs. Business Intelligence
Business IntelligencePredictive Analytics

Business Analytics vs. Business Intelligence

5 Min Read

Empowering Partners and Customers with Data Insights: A Win-Win for Everyone

5 Min Read
Reference/Master Data Management Opportunity for All of Us
AnalyticsData QualityInside Companies

Reference/Master Data Management Opportunity for All of Us

3 Min Read
Keep an Eye on the emerging Open-Source Analytics Stack
AnalyticsOpen Source

Keep an Eye on the emerging Open-Source Analytics Stack

8 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai chatbot
How AI Website Chatbots Improve Customer Support and Lead Generation
Chatbots Exclusive
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-26 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?