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Benefits of Data Warehouses

31 July, 2015 - 17:41

Organizations find data warehouses quite beneficial for a number of reasons:

  • The process of developing a data warehouse forces an organization to better understand the data that it is currently collecting and, equally important, what data is not being collected.
  • A data warehouse provides a centralized view of all data being collected across the enterprise and provides a means for determining data that is inconsistent.
  • Once all data is identified as consistent, an organization can generate one version of the truth.
  • This is important when the company wants to report consistent statistics about itself, such as revenue or number of employees.
  • By having a data warehouse, snapshots of data can be taken over time. This creates a historical record of data, which allows for an analysis of trends.
  • A data warehouse provides tools to combine data, which can provide new information and analysis.