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OLTP
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ALSO CALLED: Online Transaction Processing Software, Transaction Processing Software, and TP
DEFINITION: OLTP (online transaction processing) is a class of program that facilitates and manages transaction-oriented applications, typically for data entry and retrieval transactions in a number of industries, including banking, airlines, mailorder, supermarkets, and manufacturers. Probably the
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Definition continues below.
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OLTP DEFINITION (continued): … most widely installed OLTP product is IBM's CICS (Customer Information Control System). Today's online transaction processing increasingly requires support for transactions that span a network and may include more than one company. For this reason, new OLTP software uses client/server processing and brokering software that allows transactions to run on different computer platforms in a network.
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