What is OLAP?

OLAP the abbreviation of On Line Analytical
Processing is a decision support software used for analyzing business
information and reports. The user can analyze the data in all different ways
such as budgeting, planning, simulation, data warehouse reporting, and trend
analysis etc. The main purpose of OLAP is to make multidimensional
calculations, which enables the large business to complete within seconds. By
using this tool, the user can manipulate fast array of
possibilities.
There are many advantages of this tool, one
of them are that it gives the consistence calculation without bothering
the data complication and speed. Another advantage is it's multidimensional data presentation that
allows the administrator to pull down the data from an OLAP database in
large or specific volume. We can also say that all large or small calculations
can be calculated and presented in one column of spreadsheet or in shape
of mountains of data. All these process can be held within few milliseconds.
OLAP is also used for comparatively study
of two or more data in a very simple way and can be presented in a
simpler or multidimensional form. So this enforces the planning manager to
make strategic planning according to previous years comparatively reports. So
that the selling of the company can be enhanced.

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