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A Definition of Data Warehousing
There is a great deal of confusion over the meaning of data warehousing. Simply defined, a data warehouse is a place for data, whereas data warehousing

types of statistical analysis  the design supports the types of queries the warehouse will be used for. This is an involved effort that requires both an understanding of the database schema to be created, and a great deal of interaction with the user community. The design is often an iterative process and it must be modified a number of times before the model can be stabilized. Great care must be taken at this stage, because once the model is populated with large amounts of data, some of which may be very difficult to recreate, the Read More...
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Documents related to » types of statistical analysis


The Complex Handling of Complexity in Decision Support Systems
Warren Weaver, an American mathematician known for his work on machine translation and his support for science in the United States, defined the complexity of a

types of statistical analysis  it in two general types: disorganized and organized. In disorganized complexity, a system has a very large number of parts (millions or more). So, because of its nature, the interaction between these parts can be treated only using probabilistic and statistical methods to model the real system. By the contrary, in an organized complexity there are a limited number of parts. Correlations between these parts can be treated using specific structured methods like optimization algorithms to model or simulate Read More...
Predictive Analytics and the Evolution of BI
In the last couple of years, the popularity of predictive analytics offerings has increased significantly, as many companies looking to improve their existing

types of statistical analysis  for many more specific types of business analytics tools, such as specialized industry and line-of-business analysis tools. Predictive Analysis Is Not BI Business intelligence applications comprise another set of tools for the analysis of historical information as well, and nowadays increasingly use real-time data to perform a different type of data analysis, such as enabling reporting and dashboarding operations or enabling data analysis by the use of an online analytical processing (OLAP) engine to Read More...
Reducing Operational Risk of IT Service in Finance
An overview for CIOs of the provision and management of IT services at a level that addresses the risk management issues raised by the Basel Committee's New

types of statistical analysis  system failure as event types to be covered. Consequently, a CIO must ensure adequate tools and procedures are in place that: Provide an accurate assessment of the operational risk arising from IT system service (both internally and externally provided); Measure and report such risk in real-time (IT risk scorecard); Identify technical problems affecting service and provide information, allowing technicians to deal with problems quickly and efficiently and prioritorized by risk to the institution; Read More...
Advancing the Art of Pricing with Science
Companies in search of a better, more precise method to determine the best prices for their products and to meet their margins, should harness statistical

types of statistical analysis  discretion to structure all types of deals, from quotes to orders, agreements to contracts. As a result, some deals go through with overly generous terms, while others are lost due to gross pricing misalignment. These harmful practices continue to take place despite some pricing pundits shouting blue murder (protesting) about the ingrained, casual thinking that pervades the global economy regarding pricing. Both consumers and businesspeople erroneously assume that price has everything to do with cost. Read More...
Benefits of Using a Master Data Management System
Master data management (MDM) comprises a set of processes and tools that define and manage the non-transactional data entities of an organization (also called

types of statistical analysis  of Using a Master Data Management System Master data management (MDM) comprises a set of processes and tools that define and manage the non-transactional data entities of an organization (also called reference data). MDM provides processes for consolidation, quality assurance, and distribution of such data throughout a company to ensure consistency and control in the ongoing maintenance and use of this information. Discover the benefits of an MDM system. Read More...
Business Process Analysis versus Business Process Management
Business process analysis (BPA) vendors are trying to enter the business process management (BPM) market by marketing themselves as BPM solutions. This article

types of statistical analysis  Process Analysis versus Business Process Management Talking to end users reveals that there is confusion in the market regarding business process analysis (BPA) and business process management (BPM) suites. Vendors use the term BPM in a very broad way, but what are really the differences between BPA and BPM, and where does BPM come from? BPM in the Early Stages In the 1980s, organizations used business process redesign (BPR) to improve productivity, quality of service, and cost effectiveness by Read More...
The Pain and Gain of Integrated EDI Part One: The Pain of Integrated EDI
The real action is in merging the influx of electronically transmitted data with existing information already being processed within the ERP system, and the

types of statistical analysis  Pain and Gain of Integrated EDI Part One: The Pain of Integrated EDI The Pain of Integrated EDI There is more to the best-of-breed versus integrated suite dilemma than mere data synchronization between two disparate enterprise applications. Electronic data interchange (EDI) capability, which for some high-volume industries like automotive suppliers has become a unpleasant required, has been made more dangerous by the level of work that must be dedicated to ensure the accuracy of incoming and outgoing Read More...
Software-as-a-service ERP versus On-premise ERP through the Lens of Total Cost of Ownership
This IDC white paper looks at the growing applicability of software as a service (SaaS) for enterprise-level business applications, and analyzes the adoption

types of statistical analysis  as-a-service ERP versus On-premise ERP through the Lens of Total Cost of Ownership This IDC white paper looks at the growing applicability of software as a service (SaaS) for enterprise-level business applications, and analyzes the adoption rate and total cost of ownership (TCO) of this technological approach. Download this white paper to find out how a hosted option can drive significant cost savings, reduce initial implementation times, and bring new functionality with relative ease and Read More...
BI Analysis in a Nutshell: Lyzasoft
In my previous post, Give BI to the Masses, I wrote about the strategies that have been implemented in some companies to empower more and more users to use

types of statistical analysis  to generate very different types of strategies; and thus (as with all innovations) will create the need to address other issues. Inevitably, it will also mean there are new requirements to be managed, including new data sources, and new or modified business processes and strategies. There will certainly be more people involved in the BI/business process management (BPM) processes of the organization. From a business perspective, this represents a great change. Speaking of the mass use of BI tools, and Read More...
Financial Analysis Clears the “Profit Haze”
Designed to be agile and dependable, financial analysis solutions can bring clarity to the reasons behind your company’s growth, and help steer you toward

types of statistical analysis  than the other two types of innovation the other types being operations and products/services/markets3. Business model innovation is stifled without business agility. Greater Preparedness What-if analysis enables companies to evaluate how change occurring within or outside the business might affect them. Analysis can be performed on any number of scenarios, such as What if we purchased this company? or What if we swapped suppliers? Such scenarios help organizations move from being reactive to change Read More...
University of Maine System Selects AiM From AssetWorks
AssetWorks, a leading provider of workplace management software solutions, announced it has secured a contract with the University of Maine System to provide a

types of statistical analysis  of Maine System Selects AiM From AssetWorks AssetWorks, a leading provider of workplace management software solutions, announced it has secured a contract with the University of Maine System to provide a comprehensive integrated workplace management system (IWMS). The AssetWorks IWMS solution goes beyond traditional enterprise asset management (EAM) solutions by supporting real estate portfolio management, space management, operations and maintenance, capital planning and project planning, and Read More...
In Defense of Data Centers: The Positive Role IT Can Play in the Greening of Business
Corporate concern for the environment is no longer just an issue of compliancy. Businesses are becoming increasingly concerned about how much energy is required

types of statistical analysis  Defense of Data Centers: The Positive Role IT Can Play in the Greening of Business Corporate concern for the environment is no longer just an issue of compliancy. Businesses are becoming increasingly concerned about how much energy is required by their IT operations, especially by their data centers. Greening IT starts in the data center: find out how data center consolidation—and other solutions—can help you reduce energy consumption, and even increase productivity and efficiency. Read More...
Instead of Discounting, Back Some Value Out of Your Proposal
Last minute discounting has become so prevalent that many companies have come to depend on it as their default sales strategy. Employing a go-to-market strategy

types of statistical analysis  of Discounting, Back Some Value Out of Your Proposal Introduction Last minute discounting has become so prevalent that many companies have come to depend on it as their default sales strategy. Employing a go-to-market strategy of being the lowest cost provider is one thing, but dramatic, tactical discounting on every deal will erode your company's margins and leave you digging a deeper and deeper hole in which your company will ultimately bury itself. I don't want to give you the impression that Read More...
The SHL Talent Report: Big Data Insight and Analysis of the Global Workforce
There are a finite number of forces that influence business success. Most of these are driven by the abilities and motives of the people who make up our

types of statistical analysis  SHL Talent Report: Big Data Insight and Analysis of the Global Workforce There are a finite number of forces that influence business success. Most of these are driven by the abilities and motives of the people who make up our workforce. As such, the use of objective talent data to align your organization's talent with its strategic objectives yields a significant return. This is what SHL calls people intelligence. This report aims to provide a compass for organization's striving to improve their talent Read More...

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