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Online Analytical Processing (OLAP) Outline
Introduction
The amount of data collected by businesses worldwide continues to grow with each year that
passes by. This means that businesses need to have a way of accessing this data whenever it is
needed and analyze it effectively for meaningful decision making. When businesses know how
to analyze data correctly then they are able to make meaningful decisions about the direction of
their businesses
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Conclusion
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Running head: ONLINE ANALYTICAL PROCESSING SYSTEMS

Online Analytical Processing Systems
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ONLINE ANALYTICAL PROCESSING SYSTEMS

The amount of data collected by businesses worldwide continues to grow with each
year that passes by. This means that businesses need to have a way of accessing this data
whenever it is needed and analyze it effectively for meaningful decision making. When
businesses know how to analyze data correctly then they are able to make meaningful
decisions about the direction of their businesses. Nevertheless, many organizations
worldwide are losing billions because of the poor way in which data is collected and stored.
Choosing the wrong storage for data and using ineffective analytical systems can end up to be
very costly to a business.
Online Analytical Processing (OLAP) is a warehouse that stores a business’ current
and past data which can be analyzed for decision making. It is a computing syst...