OLAP is a very useful and effective business tool which is used in solving the business issues. In every business house there are certain business related issues which need to be solved at the right time for the smooth functioning of business. This OLAP tool is very effective in solving the business problems. It can be solved the problems within a very limited period of time. Thus it is called as the true replica of speed. Today it is used widely in almost all the business houses. But the use of this business intelligence software is not only limited to that, it also at the same time performs many business related functions like business marketing, processing, budgeting, forecasting etc. these are some of the functions which are performed by this effective software and thus it is very useful. It allows for rapid execution of complex database queries in real time. The use of this software has been increasing as time passes by and it will also increase in near future. In corporate houses also this software is used for solving their multidimensional queries.
The rows and the columns which are used in this software are formed by measures. These measures are nothing but the numeric facts. Again measures are formed by dimensions. The output of OLAP is presented in matrix or pivotal format. The function of this software mostly depends upon various OLAP cubes. There are various types of OLAP cubes like hyper cube, multidimensional cube etc. these are some of the cubes on which the functionality of this software depends. This technology is the newer version of Online Transaction Processing (OLTP). OLTP is the older version. Prior to the advent of this new version, companies were using only the older version. But the older version that is OLTP is not as fast as OLAP. This new version is very fast and the founder of this tool is sir Edger.F.Cod who is called as the father of this software.
OLAP has been divided in certain parts like MOLAP, HOLAP, ROLAP etc. among them MOLAP and HOLAP are very popular and the business houses mostly use this two types of software for solving their business related issues. These two are very fast and can solve the problems very effectively.
To know more details about this effective business tool OLAP one can take the help of internet. There are many online sites through which one can know how this tool is used in the business houses and how it solves the multidimensional queries.
Carlos Quijada is an IT professional associated with the field since the last 20 years.His core area of specialization is programming.Beside working with one of the leading IT services, he writes about technology and its benefit.For more information you can visit OLAP.