Who needs calculation nodes?

Calculation Nodes & Networks in commercial .net library finaquant® calcs

Who needs calculation nodes?

Postby descart » 03 Oct 2013, 20:02

Hello, as i understand one needs table functions for business intelligence. Who needs calculation nodes and for what? Thanks
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Re: Who needs calculation nodes?

Postby finaquant » 07 Oct 2013, 21:22

Calculation Nodes & Networks are useful especially for automating table calculations (like financial planning, sales commissions etc.) with inputs from various data sources.

Briefly, this is what a Calculation Node does:

1) Reads all input tables from databases or from the output of a another node.
2) Validates all input tables.
3) Executes the assigned table function to generate output tables.
4) Validates all output tables.
5) Writes output tables to the configured data stores.

Most typical data store is the generic database as explained in article: Persistent Table Array

Calculation Nodes are also practical for the modularization of analytical table computations. You may add new nodes to an existing network (i.e. group of nodes) for further data processing without affecting the functionality of existing nodes.
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