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This is how the OnlineAnalyticalProcessing (OLAP) cube was born, which you might call one of the grooviest BI inventions developed in the 70s. Saving time and headaches with onlineanalyticalprocessing tool. However, over time new technologies and tools developed to ease data reporting and analysis.
It updates a dedicated database against which you can perform reporting and analytics. That stands for “OnlineAnalyticalProcessing,” and it’s a paradigm that goes back a little more than two decades, to a time when database performance and computational power were far less robust than they are today.
As the first in-memory database for SAP, HANA was revolutionary, bringing together the best characteristics of both traditional online transaction processing and onlineanalyticalprocessing. As such, it is poorly suited to the type of basic analytical tasks associated with a month-end closing.
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