Another Word For Oltp

Meaning

OLTP stands for "Online Transaction Processing." It refers to a class of systems that manage transaction-oriented applications, typically for data entry and retrieval transactions. OLTP systems are designed to handle a large number of short online transactions, which require fast processing, high availability, and data integrity. They are commonly used in various applications such as banking, retail, and reservations.

Synonyms

• Transaction processing
• Real-time processing
• Database transaction

Antonyms

• Batch processing
• Offline processing

Etymology

The term "OLTP" was first used in the 1970s as database technologies evolved to support transaction-based applications that required quick and reliable response times. The concept has roots in earlier database management systems which aimed to facilitate the efficient processing of transactions.

Examples

1. The bank's OLTP system allows customers to check their account balance and transfer funds in real-time.
2. Many modern e-commerce platforms utilize OLTP to ensure fast order processing and immediate inventory updates.
3. During peak shopping seasons, it’s crucial for businesses to maintain their OLTP systems to handle increased transaction loads efficiently.