Another Word For Olap

Meaning

The term "olap" likely refers to "OLAP," which stands for Online Analytical Processing. It is a computer-based approach used for querying and analyzing data that is stored in a database. OLAP enables users to perform multidimensional analysis of business data, providing the capability for complex calculations, trend analysis, and sophisticated data modeling.

Synonyms

• Data Cube
• Multidimensional Database
• Data Warehouse

Antonyms

• OLTP (Online Transaction Processing)
• Flat File Database

Etymology

The acronym "OLAP" comes from the early 1990s, combining "Online" (referring to the operational aspect of querying and real-time analysis) with "Analytical" (indicating that the purpose is to analyze data) and "Processing" (meaning the manipulation and management of data).

Examples

1. Businesses often utilize OLAP tools to gain insights from their sales, expenses, and operational metrics.
2. The finance department relies on OLAP systems to perform yearly comparisons and forecast future budgets.
3. By implementing OLAP technologies, the organization was able to streamline their data analysis processes significantly.