Description: On-Line Analytical Processing is a processing that supports the analysis of business trends and projections. It is also known as decision support processing and OLAP. An OLAP software enables companies to have real-time analysis of data stored in a database. An OLAP server is typically a separate component of an information system which contains specially coded algorithms and indexing tools to efficiently process data mining tasks with minimal impact on database performance. OLAP uses multidimensional view of aggregate data to provide quick access to strategic information for further analysis and with this, a data user can have fast and very efficient view of data analysis as OLAP turns raw data into information that can be understood by users and manipulated in various ways. The multidimensional views of data that OLAP requires also come with packaged calculation-intensive capabilities and time intelligence.
