OLAP (online analytical processing): is computer processing that enables a user to easily and selectively extract and view data from different points of view.

For example, a user can request that data be analyzed to display a spreadsheet showing all of a company’s beach ball products sold in Florida in the month of July, compare revenue figures with those for the same products in September, and then see a comparison of other product sales in Florida in the same time period.

Ref:
http://searchdatamanagement.techtarget.com/definition/OLAP

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