OLAP, or Online Analytical Processing, is a technology that allows users to analyze large amounts of data quickly and interactively. It helps businesses make better decisions by providing tools to explore data from different angles, such as sales trends or customer behavior. With OLAP, users can perform complex calculations and generate reports without needing to understand complicated programming languages.
One of the key features of OLAP is its ability to organize data into multidimensional structures called cubes. These cubes allow users to view data in various dimensions, such as time, geography, and product categories. This flexibility makes it easier to identify patterns and insights that can drive strategic planning and improve overall performance.