Leading companies collaborate on new standard for data analysis

Hyperion, Sun, IBM and Oracle among vendors working on new Java standard for analytical processing of business data.

Most non-technical people these days understand the concept of a database. They might not know how it works, or how to get more than basic functionality out of it, but they know that it can be the most efficient way of storing, organising and managing information. What many people might not know is that increasingly theres another component in the IT architecture that can add extra value to information held in a database.

OLAP, which is short...

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