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In computing, OLAP is a system used for swift multi dimensional queries. The OLAP applications are used in MIS reporting, analysis, management reporting, budgeting, forecasting, business process and financial reporting. Its a computer program that enables users to extract multiple data according to their need in a structured way. Biz analysts use this as a popular tool.The concept of OLAP came into existence after a minor modification of OLTP. It was previously known as Crystal Analysis Professional. OLAP is much faster than its predecessor OLTP. For the complex set of queries, OLAP delivers results in about 0.1% of the time consumed by OLTP. OLAP is part of the broader category of Business Intelligence. With the use of ODBC, data is imported from an existing source for the creation of multidimensional database. Database designed for OLAP uses multi-dimensional data model, which allows dynamic analytical and data queries faster, irrespective of its complexity. OLAP uses navigational and hierarchical database, faster than the relational one. One of the important examples is Pivot Table report.The heart of OLAP technique is a multi-dimensional cube, which contains numerical facts,...more
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