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HTAP
Hybrid transaction/analytical processing (HTAP) is a term created by Gartner Inc., an information technology research and advisory company, in its early 2014 research report ''Hybrid Transaction/Analytical Processing Will Foster Opportunities for Dramatic Business Innovation''. As defined by Gartner: Hybrid transaction/analytical processing (HTAP) is an emerging application architecture that "breaks the wall" between transaction processing and analytics. It enables more informed and "in business real time" decision making. In more recent reports Gartner has begun referring to HTAP as "augmented transactions." Another analyst firm Forrester Research calls the same concept "Translytical" while 451 Group calls it "Hybrid operational and analytical processing" or HOAP. Background In the 1960s, computer use in the business sector began with payroll transactions and later included tasks in areas such as accounting and billing. At that time, users entered data, and the system processed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Operational Database
Operational database management systems (also referred to as OLTP On Line Transaction Processing databases), are used to update data in real-time. These types of databases allow users to do more than simply view archived data. Operational databases allow you to modify that data (add, change or delete data), doing it in Real-time computing, real-time. OLTP databases provide Database transaction, transactions as main abstraction to guarantee data consistency that guarantee the so-called ACID properties. Basically, the consistency of the data is guaranteed in the case of failures and/or concurrent access to the data. Since the early 90s, the operational database software market has been largely taken over by SQL engines. Today, the operational DBMS market (formerly OLTP) is evolving dramatically, with new, innovative entrants and incumbents supporting the growing use of unstructured data and NoSQL DBMS engines, as well as XML databases and NewSQL, NewSQL databases. NoSQL databases ty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gartner Inc
Gartner, Inc is a technological research and consulting firm based in Stamford, Connecticut that conducts research on technology and shares this research both through private consulting as well as executive programs and conferences. Its clients include large corporations, government agencies, technology companies, and investment firms. In 2018, the company reported that its client base consisted of over 12,000 organizations in over 100 countries. As of 2022, Gartner has over 15,000 employees located in over 100 offices worldwide. It is a member of the S&P 500. History Gideon Gartner founded Gartner, Inc in 1979. Originally private, the company launched publicly as Gartner Group in 1986 before Saatchi & Saatchi acquired it in 1988. In 1990, Gartner Group was acquired by some of its executives, including Gartner himself, with funding from Bain Capital and Dun & Bradstreet. The company went public again in 1993. In 2000, the name was simplified from ''Gartner Group'' to Gartn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forrester Research
Forrester is a research and advisory company that offers a variety of services including research, consulting, and events. Forrester has nine North America locations: Cambridge, Massachusetts; New York, New York; San Francisco, California; McLean, Virginia; Nashville, Tennessee; Norwalk, Connecticut; Austin, Texas; Dallas, Texas; and Toronto, Canada. It also has four European locations: Amsterdam, Frankfurt, London, and Paris and four locations in the APAC region: New Delhi, Singapore, Beijing, and Sydney. History Forrester was founded in July 1983 by George Forrester Colony, now chairman of the board and chief executive officer, in Cambridge, Massachusetts. The company's first report, "The Professional Automation Report," was published in November 1983. In November 1996, Forrester announced its initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
451 Group
451 Group is a New York City-based technology industry research firm. Through its Uptime Institute operating unit, the company provides research for data center operators. In December 2019, 451 Group sold an operating division, 451 Research, to information and analytics company S&P Global. History 451 Group acquired Uptime Institute in 2009. The company subsequently acquired: * consumer spending research firm ChangeWave Research in 2011 * events company Tech Touchstone in 2013 * mobile communications research firm Yankee Group in 2013 * IT professional community Wisegate in 2017. The company's 451 Research division was acquired by S&P Global Market Intelligence on December 6, 2019, according to a company press release. Business Uptime Institute is the operating division of the 451 Group. It is an American professional services organization best known for its "Tier Standard". and the associated certification of data center compliance with the standard. Founded in 1987 by Ken ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Sector
In economics, the business sector or corporate sector - sometimes popularly called simply "business" - is "the part of the economy made up by companies". It is a subset of the domestic economy, excluding the economic activities of general government, of private households, and of non-profit organizations serving individuals. The business sector is part of the private sector, but it differs in that the private sector includes all non-government activity, including non-profit organizations, while the business sector only includes business that operate for profit. In the United States the business sector accounted for about 78 percent of the value of gross domestic product (GDP) . Kuwait and Tuvalu each had business sectors accounting for less than 40% of GDP . In systems of state capitalism, much of the business sector forms part of the public sector. In mixed economies, state-owned enterprises may straddle any divide between public and business sectors, allowing analysts to u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Batch Processing
Computerized batch processing is a method of running software programs called jobs in batches automatically. While users are required to submit the jobs, no other interaction by the user is required to process the batch. Batches may automatically be run at scheduled times as well as being run contingent on the availability of computer resources. History The term "batch processing" originates in the traditional classification of methods of production as job production (one-off production), batch production (production of a "batch" of multiple items at once, one stage at a time), and flow production (mass production, all stages in process at once). Early history Early computers were capable of running only one program at a time. Each user had sole control of the machine for a scheduled period of time. They would arrive at the computer with program and data, often on punched paper cards and magnetic or paper tape, and would load their program, run and debug it, and carry off their ou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Online Transaction Processing
In online transaction processing (OLTP), information systems typically facilitate and manage transaction-oriented applications. This is contrasted with online analytical processing. The term "transaction" can have two different meanings, both of which might apply: in the realm of computers or database transactions it denotes an atomic change of state, whereas in the realm of business or finance, the term typically denotes an exchange of economic entities (as used by, e.g., Transaction Processing Performance Council or commercial transactions.) OLTP may use transactions of the first type to record transactions of the second. OLTP has also been used to refer to processing in which the system responds immediately to user requests. An automated teller machine (ATM) for a bank is an example of a commercial transaction processing application. Online transaction processing applications have high throughput and are insert- or update-intensive in database management. These applications are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Online Analytical Processing
Online analytical processing, or OLAP (), is an approach to answer multi-dimensional analytical (MDA) queries swiftly in computing. OLAP is part of the broader category of business intelligence, which also encompasses relational databases, report writing and data mining. Typical applications of OLAP include business reporting for sales, marketing, management reporting, business process management (BPM), budgeting and forecasting, financial reporting and similar areas, with new applications emerging, such as agriculture. The term ''OLAP'' was created as a slight modification of the traditional database term online transaction processing (OLTP). OLAP tools enable users to analyze multidimensional data interactively from multiple perspectives. OLAP consists of three basic analytical operations: consolidation (roll-up), drill-down, and slicing and dicing.O'Brien, J. A., & Marakas, G. M. (2009). Management information systems (9th ed.). Boston, MA: McGraw-Hill/Irwin. Consolidat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Operational Analytical Processing
Operational analytical processing, or more popularly known as operational analytics, is a subset of data analytics that focuses on improving the operational nature of a business or entity. The main characteristic that distinguishes operational analytics from other types of analytics is that it is analytics on the fly, which means that signals emanating from various parts of a business are processed in real-time to feed back into instant decision-making for the business. Some people refer to this as "continuous analytics," which is another way to emphasize the continuous digital feedback loop that can exist from one part of a business to its other parts. Overview The rapid digital transformation of many businesses means that an increasing number of business signals are being recorded and stored in digital form. Businesses are using these signals to improve their efficiency, improve their performance and provide better experiences to their users and customers. A Forrester Report ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Data Warehouse
In computing, a data warehouse (DW or DWH), also known as an enterprise data warehouse (EDW), is a system used for Business reporting, reporting and data analysis and is considered a core component of business intelligence. DWs are central Repository (version control), repositories of integrated data from one or more disparate sources. They store current and historical data in one single place that are used for creating analytical reports for workers throughout the enterprise. The data stored in the warehouse is uploaded from the operational systems (such as marketing or sales). The data may pass through an operational data store and may require data cleansing for additional operations to ensure data quality before it is used in the DW for reporting. Extract, transform, load (ETL) and extract, load, transform (ELT) are the two main approaches used to build a data warehouse system. ETL-based data warehousing The typical extract, transform, load (ETL)-based data warehouse uses ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Extract, Transform, Load
In computing, extract, transform, load (ETL) is a three-phase process where data is extracted, transformed (cleaned, sanitized, scrubbed) and loaded into an output data container. The data can be collated from one or more sources and it can also be outputted to one or more destinations. ETL processing is typically executed using software applications but it can also be done manually by system operators. ETL software typically automates the entire process and can be run manually or on reoccurring schedules either as single jobs or aggregated into a batch of jobs. A properly designed ETL system extracts data from source systems and enforces data type and data validity standards and ensures it conforms structurally to the requirements of the output. Some ETL systems can also deliver data in a presentation-ready format so that application developers can build applications and end users can make decisions. The ETL process became a popular concept in the 1970s and is often used in d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Intelligence
Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis and management of business information. Common functions of business intelligence technologies include reporting, online analytical processing, analytics, dashboard development, data mining, process mining, complex event processing, business performance management, benchmarking, text mining, predictive analytics, and prescriptive analytics. BI tools can handle large amounts of structured and sometimes unstructured data to help identify, develop, and otherwise create new strategic business opportunities. They aim to allow for the easy interpretation of these big data. Identifying new opportunities and implementing an effective strategy based on insights can provide businesses with a competitive market advantage and long-term stability, and help them take strategic decisions. Business intelligence can be used by enterprises to support a wide range of business decisi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
