Data Analysis
Articles on How to Analyze Data, Make Data Discoveries, Best Practices, and News
Unlocking the Games: The Power of OLAP Cubes in Sports Analysis
Rugby fans, prepare to be exhilarated! PARIS Tech has teamed up with David Newton, a luminary in the world of finance and the founder of Newton Carmen, a prestigious Fractional CFO firm. Together, they've fashioned something extraordinary - an OLAP model tailored...
Rugby World Cup Series 2023 | Sports Analysis with OLAP Cube Technology
PARIS Tech has recently joined forces with David Newton, an esteemed figure from Newton Carmen, a renowned Fractional CFO firm. Together, they’ve crafted an extraordinary sports analysis OLAP model tailored specifically for the upcoming Rugby World Cup.
Top-Down Bottom-Up Budgeting with PowerExcel
What happens it that first the Finance team creates the budget from the bottom up, and then senior management delivers top-down directives. Meeting those directives requires adjustment, often leading to a time-consuming and demoralizing cycle in Excel to complete the budget.
Scenario Maintenance – Analyzing the 2023 Rugby World Cup with OLAP Cube Technology
This is where OLAP technology can be especially helpful: we can demonstrate to ourselves how various scenarios generate different versions, all rooted in distinct assumptions. We can even consolidate all these assumptions into a single workbook, allowing us to work with these assumptions where the numbers exist or where actual calculations occur.
Dreamkillers-Analyzing the 2023 Rugby World Cup with OLAP Cube Technology
Unique perspectives can unveil insights that other technologies might not provide. In this case, I’ve employed OLAP to investigate a distinct facet of Rugby World Cup data—specifically, the concept of “dream killers.”
Retail OTB (Open to Buy) Planning with PowerExcel
OTB (Open-to-Buy) is a forward-looking metric based on future projections. In retail, it involves assessing current stock and estimating the exact amount of stock needed to achieve a predetermined target. It’s a blend of sales forecasting and stock planning, requiring accurate data and meticulous calculations.
Workforce Planning: Unleashing the Potential of PowerExcel Technology
In this article, Gareth Jones from PARIS Technologies discusses the challenges faced by companies when managing their payroll and workforce planning. Payroll planning is crucial for businesses, but it is often difficult to optimize due to the limitations of...
Analyzing the 2023 Rugby World Cup with OLAP Cube Technology
In this article, we explore some “scenario planning” capabilities of cube technology by delving into the world of sports, specifically for the 2023 Rugby World Cup tournament. Using our product’s analytical tool (the front end you will see is PARIS Tech’s PowerExcel; the back end, Olation), we’ll examine historical data, team performances, “dream-killers,” and make predictions for the upcoming competition
Excel is Not a One-stop Shop for your Data Needs
Excel is everywhere and it has proven to be a valuable resource to every company across the globe. The problem is that many companies are using spreadsheets as their main line of communication internally. Excel is great at displaying all of the raw data you could possibly dream of, just ask any Data Analyst, who eats, sleeps and dreams of never-ending spreadsheets.
OLAP and Excel
Excel reports are just not cutting in today’s world of even larger and more complex organizations. Thankfully, there is a solution that not only gives companies the capability to access large amounts of data at the speed in which there is no “waiting around” time, but it enhances the every day use of Excel. Let’s take a look at how this is possible.