offshore outsourcing
Outsourcing systems development work or
maintenance of existing systems to external vendors in another
country.
on-demand computing
Firms off-loading peak demand for
computing power to remote, large-scale data processing centers,
investing just enough to handle average processing loads and
paying for only as much additional computing power as the
market demands. Also called utility computing.
on-line analytical processing (OLAP)
Capability for manipulating
and analyzing large volumes of data from multiple perspectives.
online processing
A method of collecting and processing data in
which transactions are entered directly into the computer system
and processed immediately.
online transaction processing
Transaction processing mode in
which transactions entered on-line are immediately processed by
the computer.
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