
OLAP hypercubes for profit modelling
- improves data mining and analysis of business metrics by organising data in multi-dimensional grids
- delivers efficiencies through robust, fast and reliable server-based technology
Profitable Change wanted to improve the way food manufacturers
negotiated on prices and deals with retailers. The old
spreadsheet-based process of data analysis was laborious,
error-prone and poor for profit modelling. The solution, developed
by OCC and using OLAP hypercube technology, allows businesses to
run sophisticated "what-if" profit modelling scenarios.
Data-mining for precision
Food manufacturers handle dozens of metrics: sales figures,
prices, promotions, product placement deals and complex
calculations carried out on these figures.
Profitable Change conceived a solution that offers far greater
precision in calculating the deals and prices that could be offered
to food retailers. To build the application, they used OCC, with
their reputation in SQL Server technology and data migration.
SQL Server Analysis Services (SSAS) builds online analytical
processing (OLAP) tools. This lets users interrogate data that is
organised in intersecting multi-dimensions. With traditional
spreadsheets, data is viewed in a flat two-dimensional
relationship, such as sales figures against price. With OLAP, data
is organised in "hypercubes", the meeting points of limitless
related metrics (the cost, say, of a central aisle placement within
stores in a specific geographical region in the run-up to
Christmas.)
OLAP is ideal for data-mining and profit modelling. It analyses
patterns in data, generates projections based on altering
individual hypercubes and can even help predict future behaviour
patterns.
Robust, efficient, reliable solution
With OLAP, all data exists on a server and any calculations take
place on that server. The risk of a system crashing, with data
either lost or corrupted, is minimal. And, with only tiny chunks of
information moving between client and server, OLAP is fast.
For the front-end, OCC have created an intuitive, online interface
that allows users to access the tool remotely. Its look and feel is
similar to most desktop applications and it can be used with only
limited training.
OCC migrates critical data
OCC deploy to food manufacturers to install both the back and front-ends of the application. OCC provide training to Profitable Change's clients. They also manage the critical migration of a manufacturer's existing data onto the new system. Companies have their own existing methods of data storage and OCC's expertise in data migration ensured the navigation process was completed smoothly and error-free.
