Online data warehouses are designed to centralized information in a permanent system that is accessible to all employees dataroomtechs.info/ who need it to make decisions. They also offer a historical archive of data and serve as an unifying source of truth and allow users to analyze data from different sources without relying on outdated information.
When it comes to selecting the right architecture, platform and tools for a data warehouse, there are a lot of aspects to take into consideration. Should the warehouse, for instance, be on-premises? Should it utilize extract transform and load (ETL) methods or direct-to-database integration? How often should data be refreshed? What can the change-data capture feature be utilized to collect and feed updates into the warehouse? The company’s business needs will ultimately determine the selection of the appropriate technologies.
A bicycle manufacturer, for example can use its data storage facility to learn more about the current behavior of its customers. It might discover that its customers are mostly women who are over 50 years old, and may be interested in learning more about the stores they shop at for bicycles. This data could assist the company enhance its marketing and product development efforts.
A team of IT professionals could utilize their data warehouse to support auditing processes and regulatory compliance by providing historical records that can be analyzed. This could save the organization valuable time and resources in these processes by eliminating unnecessary duplicates of data.
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