Learn about Data Warehouse and How can Improve your Company
BY INVID
Many organizations have moved from server-based data storage to data warehousing for their storage necessities to integrate data from multiple source systems. This system has become preferable because it allows users to incorporate external data in a database and have data prepared according to individual, specific needs.
Besides providing storage functionality, a data warehouse (DW) will restructure the data and prepare it for use, acting as an ordinary database, supporting query requirements and information to make it end-user accessible. Many organizations have adopted data warehousing as alternative storage to manage and control their data. If you are planning to make adoption of Data Warehouse, I present to you how it can benefit your organization.
- Saves Time
Data warehouse preserves and stores data from different sources, supporting the integration of all the data. It allows all users to make smart decisions on critical aspects saving time and money.
- Delivers Enhanced Business Intelligence
Decision-makers will no longer need to rely on limited data by accessing information from various sources from a single platform.
- Improves Data Consistency
Data Warehouse transforms data from multiple sources into a consistent format. Since the data from across the organization are preserved, each department will produce consistent results, allowing its users to reach more accurate data, becoming the basis for smart decisions.
- Streamlines Flow of Information
Data warehousing helps to facilitate the flow of information through a network connecting all related or non-related parties.
- Produces a Better Return on Investment (ROI)
Most organizations experience bigger revenues and cost savings than those that have not invested and adopted Data Warehouse.
- Smart Decision-Making
Data warehousing provides better insights into smart decision-makers by maintaining a cohesive database of current and historical data. By transforming data into purposeful information, decision-makers can deliver more functional, precise, and reliable analysis.
- Competitive Advantage
Data warehouses help get a better picture of their current standing by evaluating risks and opportunities to provide a better competitive advantage to organizations.