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You will prepare and submit a term paper on Importance of Online Transaction Processing. Your paper should be a minimum of 1500 words in length. The examples of Online Transaction Processing applications include electronic reservations, electronic transfer of funds, inventory control, telephone switching and centralized command and control services. Online Transaction Processing is used by a variety of industries, such as banking, airlines, mail-order retailing, marketing and manufacturing. Examples include electronic banking, processing of orders online, airline reservations, employee time clock systems, trading in stocks, shares and bonds and various e-commerce applications are all examples of an online transaction processing environment. OLTP is generally used in processing large scale volumes of transactions. Transaction monitoring software that deals with the online processing of transactions on a mass scale represent a combination of several applications, such as operating systems, database systems, operations programming languages and communication systems.

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