Data and Business Intelligence Glossary Terms
Cube
In the world of business intelligence and data analytics, a “cube” isn’t a 3D shape you learned about in geometry class, but it’s kind of similar. Think of it as a multi-dimensional data structure that lets businesses organize and analyze data across three or more dimensions. For example, a business might use a cube to look at sales data that’s categorized by product, region, and time period all at once.
This cube structure is super helpful for slicing and dicing data, which just means filtering and breaking it down into smaller parts to make it easier to understand. If you want to see how well a particular product sold in a specific region during a holiday season, you can use a cube to quickly get that information. It’s like having a big spreadsheet where you can look at the numbers from different angles without getting lost in details.
Cubes are a part of a technology called Online Analytical Processing, or OLAP for short. They’re great for doing complex calculations, spotting trends, and making predictions. With cubes, businesses can analyze their data in a dynamic way, asking questions and getting answers quickly. This helps companies make data-driven decisions to improve their performance and stay competitive.
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