Business Articles - Page 71 of 76

The terms "product" and "process" are important in the context of software development. The basic difference between a product and a process is that a process is a set of steps to guide the project in order to obtain the appropriate product, whereas the product is the final result of the software project. In this article, we will discuss more about "product" and "process" and how they are different from each other. What is a Product? In software engineering, any software developed as per the requirements of the client is referred to as a product. In other words, a product ... Read More

In this post, we will understand the difference between strong entity and weak entity −Strong EntityIt has primary key.It doesn’t depend on any other entity.It can be represented using a single rectangle.The relationship between two strong entities can be represented using a single diamond.It can either have total participation or no participation.Weak EntityA weak entity has a partial discriminator key.It depends on the strong entity.It can be represented using a double rectangle.The relationship between a strong and a weak entity can be represented using a double diamond.They always have total participation.Read More

In this post, we will understand the difference between star schema and snowflake schema.Star SchemaHierarchies of dimensions are stored in a dimensional table.It contains a fact table that is surrounded by dimension tables.In this schema, a single join creates the relationship between a fact table and any dimension tables.It is a simple database design.It has high levels of data redundancy.The processing of cube is quick.A single dimension table contains the aggregated data.It is a de-normalized data structure.The queries run quickly in comparison to other schema.It uses start join query optimization technique. Hence, the queries perform well.Tables can be connected with ... Read More

A Fact Table contains a combination of attributes from completely different dimension table. It helps the users understand and analyze the business dimensions that would help improve the business processes. Fact tables are also known as Reality tables.Dimension tables, on the other hand, help a Fact Table gather the dimensions on the data that needs to be collected.Read through this article to find out more about Fact tables and Dimension Tables and how they are different from each other.What is a Fact Table?In data warehousing, a Fact Table is one that contains the measurements, metrics, or facts of a business ... Read More

In today’s rapidly changing business world, it is critical for business leaders to have the right insight and data to make the right calls at the right time. Finding the right blend of what, why and how to use this enormous amount of data is something that needs attention in present day competitive business environment.Business strategies and operational decisions are being undertaken based on the analysis provided by past operational data. Hence it is tremendously important for global business entities to equip themselves with the emerging technologies like business analytics software for better decision making and forecasting.Business Decisions + Analytics ... Read More

Silicon Valley has now become a new home for new techies. The past few years have seen a blast of job opportunities, be it for starters or the techie geeks opting for the Silicon Valley. It has become a home for all kinds of emerging markets, but there are major challenges which the market has to face with this boom.Africa’s ‘Silicon Valley lures new tech start-ups and is witnessing investment from big capital firms. In fact, all the biggies like Google, Intel, Microsoft, and IBM have their tower block and innovation center in Africa.As 60% land of Africa is uncultivated, ... Read More

The digital world has always been action packed and aggressively competitive since its existence. With exponentially continuous breakthroughs in the world of science and technology, the tech giants like Microsoft, Google, and Apple have been within a perpetual war against each other and the war doesn’t seem to come to an end in the near future.Unlike other kinds of war, whether real or virtual, instead of destructive consequences, this ‘tech-war’ only has constructive consequences bringing an immense amount of productivity for the end users like me and you. This competition in technology has shaped our present and will define our ... Read More

OLAP  stands for On-Line Analytical Processing. It is used for analysis of database information from multiple database systems at one time such as sales analysis and forecasting, market research, budgeting and etc. Data Warehouse is the example of OLAP system.OLTP stands for On-Line Transactional processing. It is used for maintaining the online transaction and record integrity in multiple access environments. OLTP is a system that manages very large number of short online transactions for example, ATM.Sr. No.KeyOLAPOLTP1BasicIt is used for data analysisIt is used to manage very large number of online short transactions2Database TypeIt uses data warehouseIt uses traditional DBMS3Data ... Read More

Do you want to expand your business beyond your home country by creating a global market for your awesome products? Of course, who doesn’t want to grow? Reaching to a wider customer base can increase the chances of getting more sales which in turns generates more profit for you, isn’t it?.But, can that be so easy to go global? Not at all, there are many important things that need to be worked upon before you register your international presence. It starts from creating your online sites, localization, making the payment process working for global customers, knowing the government policies and ... Read More

Business intelligence is an umbrella term, which includes infrastructure, applications, tools and best practices that enable analytics of data and information in order to improve and optimize decision making and managing corporate performance. There are a lot of tools and technologies which are built on this concept.BI as a DisciplineBusiness Intelligence is made up of several related activities, which includes Data mining, Online analytical processing, Reporting, and Querying.Why Companies Prefer to use BI?Helps improve predictive mechanism through decision makingReduces costHelps identify new business opportunitiesIn the modern world, business operations are getting more complex with each passing day, hence there is ... Read More