Multi-Dimensional Database (MDB)A multidimensional database (MDB) is a kind of database which is optimized for OLAP (Online Analytical Processing) applications and data warehousing. MDB can be easily created by using the input of relational database. MDB is the ability of processing data in the database so that results can be developed quickly.
Explore Data & Analytics Statistics
- People generate 2.5 quintillion bytes of data each day.
- 62 percent of retail businesses see competitive advantages from information and analytics.
- 53 percent of companies are adopting big data analytics
- 29 percent of investment professionals use search trends to derive data.
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- In a survey of approximately 700 business professionals, only 15% said their organization is currently very effective in delivering a relevant and reliable customer experience. In the same survey, only 3% of respondents said they are able to act on all of the customer data they collect; 21% say they can act on very little of it.
- 29 percent of investment professionals use expert networks to derive data.
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