Why Your Company Needs a Data Warehouse
If you’re not someone who is fully up to speed on why a data warehouse is important, we wanted to take a few paragraphs to help walk you through it.
The term data warehouse gets thrown around a lot these days. It’s a hot topic within industry newsletters. You may have read it online. In some cases, you may have heard your employees and colleagues discussing it.
If you’re among those who have little understanding of what the term means, you’re not alone.
Understanding what a data warehouse is
To put it simply, a data warehouse is an enormous database. The purpose of that enormous database is to provide insight into your organization because its designed to allow you to query and analyze information.
When you move toward implementing a data warehouse, you’ll be creating a singular space for all of your current and historical data. If you think there aren’t any benefits to this, you couldn’t be more wrong.
For example, are you able to cross-analyze your operating costs against your transaction revenue? If your answer is no, well, this is why you can benefit from a data warehouse.
Not to mention that when your data is all stored in the same place, you can access everything quite easily. Gone will be the days of fumbling through Excel and gone will be the days of querying all of your data entry tools to find what you need.
A data warehouse can and will help you streamline analytics.
Understanding why your company needs one
You’ve likely heard of Business Intelligence, otherwise known as BI for short. When used properly, BI can provide you with valuable information about your organization. It can help you understand what’s working, what’s not working and where you should be investing additional time and resources.
It can also help you spot growth opportunities that you may not have known existed.
In some cases, our clients have told us that while they thought they had a good understanding as to what was going on with their business, until they saw the actual numbers. If your numbers and your sense of what’s working with your company are not in line, your company may be spinning its wheels.
Let us help you reach your goals
At Pathways International we believe that data can benefit everyone, and we feel that companies that aren’t maximizing the benefits of Big Data are missing out on key opportunities for streamlining and growth.
When you contact our company, we’ll be happy to take as much time as needed to answer your questions about how Big Data works and ways in which your company can benefit from the implementation of a data warehouse.
Why? Because we’re a business intelligence agency that has a passion for analytics, and we’re excited to share that passion with our clients in ways that can help them grow their bottom line.