Description
Submit a 3 to 4 page paper focused on effective use of Online Analytical Processing (OLAP). Provide an example of an organization that has been successfully using OLAP in its operations.
Explanation & Answer
Attached.
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
Body
Conclusion
References
Running head: ONLINE ANALYTICAL PROCESSING SYSTEMS
Online Analytical Processing Systems
Name
Institution
Date
1
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...