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Why do I need a Data Warehouse? |
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For over two decades, many large organizations have been using data warehouses as a critical tool for maximizing their investment in the massive amounts of business information that is being collected. Some of the key benefits of implementing a data warehouse are:
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Reporting data is made available to individuals without hampering the ongoing production system.
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Reporting does not need to cease when key production systems are running.
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An organization can provide a common data model for different interest areas, regardless of the data’s source.
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Production data inconsistencies can be more easily identified and corrected.
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Single location for reporting data; everyone is analyzing and reporting on the same data.
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Reporting data is under the control of the data users.
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Data security can be optimized.
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Reporting against a data warehouse is more efficient; more timely business decisions can be made.
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More data can be retained for reporting than is usually available in production systems.
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Data is stored specifically for reporting and analysis efficiency, not for production efficiency as is the case for ERP systems.
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