Analytical Processing
Analytical Processing refers to the method of examining data to extract meaningful insights and support decision-making. It involves the use of various techniques, such as data mining and statistical analysis, to identify patterns, trends, and relationships within large datasets. This process is essential for businesses and organizations to understand their performance and make informed strategic choices.
One common application of Analytical Processing is in the field of Business Intelligence, where tools and software help visualize data through dashboards and reports. By leveraging data warehouses and OLAP (Online Analytical Processing) systems, users can perform complex queries and gain a deeper understanding of their operations and market dynamics.