Online Analytical Processing (OLAP) is a powerful technology used in the realm of business intelligence to analyze data efficiently from multiple perspectives. It enables quick retrieval of information and facilitates complex business queries and reports.
OLAP enables users to extract specific types of data from multidimensional databases and analyze that information in multiple ways. It's useful for answering detailed and complex queries regarding products, sales, and marketing costs.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.