Wednesday, December 14, 2011

OLAP the best business tool ever


OLAP is the best tool for solving the business related problems. In every business house there are some business related issues which need to be solved at the right time and for solving these issues this business tool is really very helpful. It helps in solving the problem and the problems of the business houses should be solved at the right time for the smooth functioning of the business houses. but the function of this tool is not only limited in solving the business problems but also at the same time performs many business related activities like business processing, business marketing, forecasting, budgeting etc. these are some of the important functions which are performed by this effective software. The use of this tool is increasing and today you will not find any such business house where this business tool is not being used. The rows and the columns which are used in this business tool are formed by measures. These measures are nothing but numeric facts which formed by dimensions. The output of this business tool is presented in pivot format or matrix format. The functionality of this tool is mainly determined by its cubes. There are many OLAP cubes on which its functionality depends. These are multidimensional cube, hyper cube etc.

OLAP has been divided in certain parts like MOLAP, ROLAP, and HOLAP etc. Among them MOLAP and HOLAP are very popular and these two business tool is very fast which can solve the problems of the business houses within a very short period of time.