What are the benefits of Data Warehouse?
Benefits of Data Warehouse
1. Understand business trends and make better forecasting decisions.
2. Data Warehouses are designed to perform well enormous amounts of data.
3. The structure of data warehouses is more accessible for end-users to navigate, understand, and query.
4. Queries that would be complex in many normalized databases could be easier to build and maintain in data warehouses.
5. Data warehousing is an efficient method to manage demand for lots of information from lots of users.
6. Data warehousing provides the capabilities to analyze a large amount of historical data.
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There are many benefits of a data warehouse. Here are just a few:
Better business analytics
With data warehousing, decision-makers have access to data from multiple sources and no longer have to make decisions based on incomplete information.
Faster queries
Data warehouses are built specifically for fast data retrieval and analysis. With a data warehouse, we can very rapidly query large amounts of consolidated data with little to no support from IT.
Improved data quality
Before being loaded into the data warehouse, data cleansing cases are created by the system and entered in a worklist for further processing, ensuring data is transformed into a consistent format to support analytics - and decisions - based on high-quality, accurate data.
Historical insight
By storing rich historical data, a data warehouse lets decision-makers learn from past trends and challenges, make predictions, and drive continuous business improvement.
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