Most of us get too happy with the newer payment methods appearing online. After all, more ways to pay ensure a comfortable transaction option for us. Login to the online portal or through the social media User-Id. There are security gateways in between as we progress through. These additional steps sometimes frustrate us and we demand to have the online transaction process even simpler. With the security in place and the comfort retained, we always wish for something which is fast and easy.
This has benefited businesses as well. The businesses which appear online have a wider scope to the target audience. Their products boost up with the online sales and the amount show up in their bank accounts almost immediately. More and more businesses have realized this, and are turning towards adding more options for payment portals to attract the customers.
The IT however is under immense pressure. They see every change as the number of query they need to deal with, the additional changes they need to make to the existing systems and the security threats they need to worry about. For them, each part of the online transaction process means a couple of queries which are to be optimized, ran and processed. And, at the end, the output is supposed to be CORRECT every time, since these are the real time financial queries.
This scenario changes the way the IT staff looks at the developments. Even with the best implemented BI techniques in place, there are pressures which dawn on the IT department about Online Transaction Processing (OLTP) advancements:
How To Deal With The OLTP Issues?
One approach to handle the problem is to separate two functions which the OLTP systems are handling. One is the processing of real time data, which is to be accepted instantly as an input query, and is to be processed with no delay what-so-ever. The second however is around the information which businesses use for their reporting, planning and budgeting processes. This part can be separated and moved on to a different environment. This leaves the system to deal with the real time data alone, which is huge, current and valuable. With the second function separated altogether, the server needs to process lesser queries and will be able to perform better and faster. As a consumer, it will reflect as the processing time taken for the transaction process to complete.
As for the reporting, the data need not be regenerated or duplicated. This is an expensive affair for the businesses if the data is huge, or if it depends upon the external sources for its generation. Rather, this data may be extracted from the log maintained in the first server. This makes use of the same data repeatedly with no additional cost involved.
For the businesses to perform better, they need to understand the importance of having a fast and efficient transaction process in place. The sooner the change can be brought to their IT environments, the better their business will reflect online.
Read also Business analytics and big data and Futuristic Virtualization.
This has benefited businesses as well. The businesses which appear online have a wider scope to the target audience. Their products boost up with the online sales and the amount show up in their bank accounts almost immediately. More and more businesses have realized this, and are turning towards adding more options for payment portals to attract the customers.
The IT however is under immense pressure. They see every change as the number of query they need to deal with, the additional changes they need to make to the existing systems and the security threats they need to worry about. For them, each part of the online transaction process means a couple of queries which are to be optimized, ran and processed. And, at the end, the output is supposed to be CORRECT every time, since these are the real time financial queries.
This scenario changes the way the IT staff looks at the developments. Even with the best implemented BI techniques in place, there are pressures which dawn on the IT department about Online Transaction Processing (OLTP) advancements:
- With the Organizations going online for transaction processing, there is a huge amount of data to be addressed every day. This data is real time, and is supposed to grow in the coming years as everything turns up on the system.
- More demands on having efficient systems does not necessarily mean that the IT staff is granted more budget. Most of the Organizations want to utilize the IT resources with no or very less additional cost, which means working harder for no extra benefits.
- The data being processed is real time, which should be retained in its un-manipulated form, to have the businesses look into that for their Organizational planning and budgeting.
How To Deal With The OLTP Issues?
One approach to handle the problem is to separate two functions which the OLTP systems are handling. One is the processing of real time data, which is to be accepted instantly as an input query, and is to be processed with no delay what-so-ever. The second however is around the information which businesses use for their reporting, planning and budgeting processes. This part can be separated and moved on to a different environment. This leaves the system to deal with the real time data alone, which is huge, current and valuable. With the second function separated altogether, the server needs to process lesser queries and will be able to perform better and faster. As a consumer, it will reflect as the processing time taken for the transaction process to complete.
As for the reporting, the data need not be regenerated or duplicated. This is an expensive affair for the businesses if the data is huge, or if it depends upon the external sources for its generation. Rather, this data may be extracted from the log maintained in the first server. This makes use of the same data repeatedly with no additional cost involved.
For the businesses to perform better, they need to understand the importance of having a fast and efficient transaction process in place. The sooner the change can be brought to their IT environments, the better their business will reflect online.
Read also Business analytics and big data and Futuristic Virtualization.
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