Data warehousing is a great way to create a vault of valuable business information, but it starts with a few best practices. Investing in a data warehouse can help companies compile and use their statistics effectively over months and years. So what should IT and business leaders know before developing one?
What Is Data Warehousing?
Data warehousing includes pooling information from many sources to facilitate analysis and support business decision-making. Companies use it to compile valuable data and convert it into actionable insights. Data warehousing can also be used to create presentations, such as graphs or charts. It acts as an archive, recording and stockpiling statistics over months and years.