The mining process functions use several modern management techniques such as business process intelligence, business process management, and monitoring business activities.
Current process extraction techniques are divided into the following categories: expansion, conformational analysis, and discovery.
Online Analytical Processing (OLAP)
The OLAP tool is designed to help users analyze multidimensional data interactively from various perspectives. OLAP as a business intelligence method covers various aspects of data collection and rational reporting. You can visit https://vizbp.com/downloads/category/applications/power-automate/ to get a Power BI solution.
The term OLAP is a derivative of OLTP (Online Transaction Processing), which is used in connection with conventional databases. The main analytical operations carried out by these tools are – consolidation, drilling, and cutting "n" cubes.
The process of consolidation refers to the collection of data to enable it to be analyzed in several dimensions. With drilling technology, users can search large amounts of data to sort the relevant data.
With the 'n' Dice Slice technique, users can delete (cut) certain notes to enable a more detailed review (selection) of the selected notes. The OLAP-capable database uses a multi-dimensional data model to support the fast execution of complex and ad hoc analytic requests.
The market experienced a significant increase in 1998 after the launch of the Microsoft OLAP server – Microsoft Analysis Service – which led to the introduction of technology.
These are just some of the most common BI tool categories that companies use to compare, sort, and analyze various aspects of a company's business/process.