Features of Essbase
The features of Essbase are discussed in our Essbase homework writing help as follows:
Advanced calculation engine: It is an advanced calculation engine and it includes over 350 prebuilt functions. It increases the development of complicated business models. This helps it to scale from simple aggregation to a cross and complex dimensional allocation. All types of financial formulas are included for supporting business model development. Moreover, business rules are created for managing complex calculations using spreadsheets such as syntax.
Rich user experience: It offers the end-users the choice of interface and it also brings OLAP to the end-users directly. Query results are displayed through users’ choices such as Microsoft Office tools and various intuitive reporting options. As there is an advantage of constant response time, users may communicate with data without any support from the technical experts.
The ability to communicate with data allows business users to identify and analyze the relationships and metrics, which influence performance and enable them to make informed and better decisions. Users can share the saved reports, create strong additional queries, and modify their appearance.
Open, secure, and scalable: It can be populated using various tools, which enables it to access a commonly recognized data source. This data may be integrated into one analytic view. Several organizations have large and multiple data sources from where data should be extracted.
Its performance is unmatched and it provides inherent abilities for optimizing data load and recalculating data sets so that results are available to the users rapidly. It allows detailed analysis of huge data for many simultaneous users and thus offering dependable and updated information.
Multidimensional representation: Data is categorized in Essbase as dimensions. A dimension might represent a product, a time period, or a customer. There are relationships between the dimension members and the relationships are represented through the hierarchy.
It enables the establishment of multiple hierarchies so that data can be aggregated or calculated speedily. The structures in an Oracle Essbase are shown in the outline that allows users to maintain and review structures when the business needs change.
Reporting options: As stated by our Essbase assignment help providers, several users from many departments may want to use Oracle Essbase. It is important to deliver them the information in the best form. Data is delivered through different formats such as production and financial reports, interactive dashboards, an advanced data visualization tool, and Microsoft Office.