Multidimensional databases originated in foreign developed countries, such as Hyperion, which was later acquired by Oracle , used multidimensional data engine technology to develop budget management systems as early as the 1980s, and has been widely used.
In recent years, with the improvement of the digital intelligence level of domestic enterprises and the actual needs of independent control, domestic software, including basic software and management software, is gaining more and more market space, forming a substitute for foreign software . Yonyou BIP, the "big country heavy tool" of enterprise digital intelligence, provides a domestic alternative solution for digital intelligence.
The replacement of domestic software should not only be a functional replacement, but also a value replacement. Value substitution is a localized value substitution that combines index intelligence and innovation. It can provide enterprises with value exceeding that of foreign software, help them improve the level of digital intelligence, and achieve higher business value.
From the point of view of personal practice, its multi-dimensional database product is gradually developed and perfected in the process of serving many enterprise customers with UFIDA. It has gone through three development stages, that is, three versions have been released.
In the first stage , products such as budget management and BI based on multi-dimensional applications were released in August 2004, and a large number of multi-dimensional application scenarios have been accumulated in this way. At this stage, multi-dimensional memory computing and data storage technologies are in a state of continuous tracking.
In the second stage , with the in-depth understanding of application scenarios, research on international leading products and tracking of related technologies, a new generation of multidimensional database and EPM software was launched in 2019. This V2 version of the product has basically reached the capabilities of similar foreign products, and has passed the application verification of large-scale users, and can replace the functions of foreign software.
The third stage is the release of the current V3 version, which is the multi-dimensional database of the digital intelligence platform. Based on its own patented MDS multi-engine technology and multi-dimensional convolution algorithm, it greatly optimizes performance, memory management, and data storage mechanisms. In terms of core capabilities, it has reached the same level as world-class software, while in terms of domestic user's specific needs, it has achieved a comprehensive surpass and realized value substitution.
At present, there are quite a few multidimensional database vendors in the domestic market. In addition to traditional management software vendors, some professional companies and start-up companies are actively participating, and Internet giants are also trying to cut into certain subdivision scenarios.
Relying on long-term technical reserves and accumulation of more application scenarios, it maintains its leading position in the domestic multidimensional database market. Its "pure memory multi-dimensional structure" has obvious advantages in dealing with complex scenarios; the embedded computing engine supports Python, which is more suitable for the needs of business personnel in non-IT departments such as finance.
Although the upgrade from functional replacement to value replacement has been completed, the domestic multidimensional database market has not really exploded yet. Of course, everyone has realized that this is an inevitable trend of future development.
In the future, with the improvement of the management level of domestic enterprises and the improvement of refined management, there will be more and more application scenarios of multidimensional databases . In addition to the three typical scenarios of consolidated reports, planned budgets, and job cost analysis mentioned earlier, it will also be widely used in scenarios such as rebates, fund planning, and profit analysis, thereby creating greater value.
AI technology is another major trend in the future development of multidimensional databases . The evolution of intelligent technologies such as natural language processing, speech recognition, and deep learning will enable applications such as voice wake-up one-stop financial report consolidation, intelligent prediction supported by deep learning and enhanced learning, and intelligent decision-making supported by intensive learning. Based on the enterprise service-level large model, it is possible to simulate, calculate and deduce data, and make real-time analysis and decision-making.
The evolution of technology and the enrichment of scenarios will make multidimensional databases play an increasingly prominent role in enterprise management. Like the "Yi Tian Sword" in Jin Yong's novels, the multidimensional database as a magic weapon is full of power, but it also needs to be used correctly to maximize its value.
This requires not only the unremitting efforts of software manufacturers, but also the further improvement of enterprise management thinking . After all, as the era of rapid and explosive growth has passed, future companies will increasingly need to improve their competitiveness in terms of refined management, so as to win a place for themselves in the future.
At the same time, under the demand of leading enterprises to upgrade their enterprise digital intelligence platform, a digital intelligence platform that understands business better can support enterprises to achieve continuous innovation and development in the era of digital intelligence 2.0. Similarly, a multi-dimensional database that focuses on enterprise business can better leverage the value of data, realize refined management and efficient decision-making, and promote high-quality development of enterprises.