A dataset is a simple collection of data, usually presented in a table. You can use a dataset as the basis for your story, and as a data source for Smart Predict.
Dataset are first choice when you want to create story/ visualization quickly and do not want to get into structure definition, during data processing, or when development does not demand IT governance.
For the most part, datasets acquire data via import connections. The only exception is that a dataset can be built based on a live connection to a HANA data repository.
Datasets vs. import models
|Characteristics||Datasets||Planning Models||Analytic Models|
|Scheduled imports available||No||Yes||Yes|
|Standalone or embedded||Both||Standalone||Standalone|
|Table||1 data table||Dimensions + data table||Dimensions + data table|