The connection between business analytics and data warehousing
by Andy R. Digital Marketing ExpertOver the years, it has been observed that business analytics (BA) and
data warehousing are two common topics that go hand in hand. This is
because it can be difficult for a business to analyze the data and come
up with feasible predictions if the data has not been stored in an
organized manner.In fact, a large number of applications used for this
purpose are solely based on the data stored in a data warehouse (DW).
Therefore, if you want to gain some useful insight into your past
business performance, you must have a suitable DW at your disposal. As
mentioned earlier, analytics and data.
However, in order to
derive the maximum benefit, you must understand that how are these
topics related to each other. Firstly, if you want to make informed
decisions, you cannot afford to neglect your past performance. This is
because you can only take some measures for improvement if you know what
went wrong in the past. Similarly, you can continue to grow if you have
been doing well in the past. Meanwhile, you will need the relevant data
in order to undertake iterative exploration as well as investigation.
This is will only be possible if you give you due consideration to data
warehousing.
In fact, a warehouse can help you in several ways as far as your
data is concerned. Firstly, if you want to maintain data history, you
can do so with exceptional ease if you have a suitable DW at your
disposal. Secondly, if you have multiple source systems, you can use the
technique of warehousing in order to integrate the data with exemplary
ease. Thirdly, if you are looking forward to satiate your restructuring
needs, you can use warehousing and achieve the desired results. Needless
to say, all these advantages can help you in making the most of
business analytics (BA).
However, you will only be able to achieve the desired results if
you make the necessary arrangements to deal with the problem of
diversity of data. Moreover, it is also imperative for you to gain rich
insights in order to ensure that your efforts do not go in vain.
Therefore, you must act wisely when implanting warehousing as one of the
techniques. In fact, you should ensure that your DW is capable of
storing a large amount of data and its performance is not dependent on
the size of your data. It is also important you can gain a seamless
access to the data, as and when required.
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Created on Dec 31st 1969 18:00. Viewed 0 times.