Friday, August 26, 2011

OLAP is a very useful business tool

OLAP is an inevitable business tool which is used in the business houses for solving the complicated problems. In every business house there are certain business related problems. For solving these problems this business tool is used. This is kind of software which is very fast. That is why it is called as the true replica of speed. This tool is not only used in solving the complex problems of the business houses but it also it performs some of the business related functions like business marketing, business budgeting, business processing, forecasting etc. all these functions are very important t in the business houses and these are performed by this software. It is an inevitable tool that performs a very useful function. Today no such business house is there where this tool is not used. The demand of this business tool is increasing as time passes by.

The rows and the columns which are used in OLAP are formed by measures. These forms are nothing but the numeric facts. These measures are again derived from dimensions table. This is a very effective business tool that serves a big purpose. This is modified version of OLTP. This OLTP is not as fast as this online analytical processing. The founder of this tool is sir Edger.F.Cod which is called as the father of this software. This software has been divided in certain parts like MOLAP, ROLAP, HOLAP etc. among them MOLAP and HOLAP are very popular.

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