OLAP is a very powerful business tool. It is very much effective in solving various types of business activities like the business management, data analysis, and trend analysis etc. all these things can properly be done with these types of effective tools. It has also been used in solving various types of other business activities like the budgeting, planning, reporting, MIS listing. All these things are very much important for the business house and for that the business activities can beautifully be done with these types of tools. This is a very easy and flexible method. The flexibility of the method solves all the complicated problems very easily. It is also very much helpful in organizing the data of the company. It keeps all the records of the data and manages it in a very effective manner. One can also call it as the query language. This is because it solves many types of investigative problems and also solves many unique queries. This kind of tool is very much effective in solving various types of dynamic unique queries of the business houses.
OLAP as one can call as the intelligent tool. The format that is used in the OLAP process is called as the pivot format. The pivot format is used in solving various types of business problems. It has been developed in the recent times. This OLAP is a new version. It is quite different from other type's older versions like the OLTP. The functions of this newly developed OLAP is also numerous like the MOLAP, ROLAP, HOLAP etc. the functions of these different types of queries are also of different types. They are categorized according to their functionality.
Among all the three categories of OLAP, MOLAP is extensively used. In MOLAP only the OLAP is used so much. It is very much helpful in the investigative process too. All the important investigative functions can be carried out very firmly with these types of business tools. MOLAP is extensively used in the business. It is a very effective tool like the OLAP. The complex calculations can be solved very easily with the help of this business tool.
OLAP is helpful in solving the business calculations. It is also very much helpful in organizing the data of the company. It keeps all the records of the data and manages it in a very effective manner. One can also call it as the query language. This is because it solves many types of investigative problems and also solves many unique queries.