Inkorus http://www.inkorus.com An Offshore Software Development Company released an article on OLAP, an alternative technology over spreadsheets

Inkorus http://www.inkorus.com An Offshore Software Development Company released an article on OLAP, an alternative technology over spreadsheets

Inkorus http://www.inkorus.com An Offshore Software Development, Offshore Outsourcing & Offshore Consulting Company released an article on “OLAP, an alternative technology” over spreadsheets. This article is published at ittoolbox & many other IT portals, visitors can view detailed article at: http://businessintelligence.ittoolbox.com/documents/document.asp?i=3133 or http://www.inkorus.com/Offshore Outsourcing Software Development/Olap article.pdf

About Article:
“OLAP, an alternative technology over spreadsheets” article will gives you the idea about how OLAP can be a substitute to the spreadsheets; what are OLAP capabilities & advantages over spreadsheets & how it can be helpful in decision support systems? Internet technology is creating new business models that require innovative financial models so why not utilize this excellent technology for taking better decisions. The majority of world class enterprises today have embraced OLAP as a key technology in delivering information to decision makers. The main question that should be asked is not if spreadsheets should remain the main platform for Reporting, Budgeting and Forecasting. Instead, enterprises should ask themselves how much competitive advantage they are prepared to lose through the use of inaccurate, out of date and inflexible information before alternative technologies are investigated.

Dr. Vikas V Gupta, President of Inkorus—Offshore Software Development Company http://www.inkorus.com, says “OLAP, or Online Analytical Processing is a technology that was termed as such in 1993 by Dr. Codd who invented the relational database model. OLAP was used originally as a buzzword to differentiate it from OLTP (On-Line Transaction Processing). T was replaced by A to emphasize the Analytical capabilities of the new technology as opposed to the transactional capabilities of the relational database technology. Today, OLAP is used as an umbrella term for various technologies that used to fall under the terms decision support, business intelligence and executive information systems among others.”

Mr. Shaun Stoltz, President, Ixelos Ltd, UK & author of this article says “There remains without a doubt a place for spreadsheets within the finance department. The use of spreadsheets as a tool for driving the Reporting, Planning and Budgeting functions of the enterprise are however, questionable. It is clear that there are other technologies available which suit this function better. “

Inkorus—Offshore Software Development, Offshore Outsourcing & Offshore Consulting is a Management, Technology & Research Consulting Company focusing on Offshore Strategic Consulting & Streamlining Enterprise Business and Technology Processes using Technology Enabled Solutions and providing research & development services. Under its Offshore Software Development initiative Inkorus focuses on:
SUN Technologies Viz. Java, J2ee Application development,
Microsoft Technologies Viz. .Net (Dot Net), ASP Application Development,
Client Server Application development, PHP Application Development,
Custom Application development etc.
Inkorus is a fast growing Knowledge-based offshore outsourcing organization focusing on Management & Technology Consulting for offshore outsourcing & offshore IT consulting.

For more details please visit our website http://www.inkorus.com or email to ceo@inkorus.com