DATABASE FUNDAMENTALS
DATA WAREHOUSING AND DATA MINING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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OLAP
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ETL
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OLTP
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ELT
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Detailed explanation-1: -OLTP, or online transactional processing, enables the real-time execution of large numbers of database transactions by large numbers of people, typically over the internet. A database transaction is a change, insertion, deletion, or query of data in a database.
Detailed explanation-2: -OLTP or Online Transaction Processing is a type of data processing that consists of executing a number of transactions occurring concurrently-online banking, shopping, order entry, or sending text messages, for example.
Detailed explanation-3: -OLTP system is an online database changing system. The architecture of OLTP contains 1) Business / Enterprise Strategy, 2) Business Process, 3) Customers, Orders, and Products, 4) ETL Processes, 5) Data Mart and Data warehouse, and 6) Data Mining, Analytics, and Decision Making.
Detailed explanation-4: -OLAP creates a single platform for all types of business analysis needs which includes planning, budgeting, forecasting, and analysis, while OLTP is useful for administering day-to-day transactions of an organization.