OLAP: ON-LINE ANALYTICAL PROCESSING E-COMMERCE CONCEPTS
The term OLAP (On-Line Analytical Processing) was coined by E.F. Codd in 1993 to refer a type of application that allows a user to interactively analyze data. An OLAP system is often contrasted to an OLTP (On-Line Transaction Processing) system that focuses on processing transactions such as orders, invoices or general ledger transactions. OLAP is now acknowledged as a key technology for successful management in the 90’s. It describes a class of applications that require multidimensional analysis of business data. OLAP systems enable managers and analysts to rapidly and easily examine key performance data and perform powerful comparison and trend analyses, even on very large data volumes. They can be used in a wide variety of business areas, including sales and marketing analysis, financial reporting, quality tracking, profitability analysis, manpower and pricing applications and many others. OLAP technology is being used in an increasingly wide range of applications. The most co...