The main goal of data warehouses is to provide business users with timely, accurate data in a format that is easy to use. The process begins with raw unstructured data and loads it into a data warehouse that is specifically designed to meet the needs of businesses. Data warehouses are a type of business intelligence (BI) however, unlike data lakes, they are purpose-driven and offer analytics specific to a particular subject.
Data warehousing utilizes a central storage system that allows companies to collect all types of data from a variety of sources. The data is then transformed and loaded to make it more usable for users. The data isn’t volatile. Once it’s in the warehouse the data won’t be updated. This makes the process faster than transactional databases.
Data warehouses offer a variety of benefits to businesses. It helps businesses reduce costs as well as improve their decision-making capabilities and gain an advantage over their competitors. It allows companies to become more data-driven which is essential to success in today’s market.
It is important to establish an Full Article idea of how you will establish a data store. This includes identifying data that needs to be reorganized and stored, establishing the warehouse structure, and determining the tools needed for the job. A Data Warehouse Design Document (DWD) can be a great resource to help build an outline. It can help you identify the current data flow and highlight any gaps that need to be addressed. It can also provide a clear understanding on how the new structure interacts with your existing systems.