3 Reasons Your Company Needs a Data Warehouse
The Data Warehouse is the Hub of your Organization’s Reporting System
Many companies don’t understand what a Data Warehouse is and why it should be used in their operational process. If you are one of them, this article might give you ideas on how to improve your business performance by setting up a Data Warehouse.
A data warehouse is essential in any company because it allows enterprises to have accurate and detailed reporting across departments, divisions and workgroups without having to query disparate databases or formats. This way, they can make faster decisions that align with their goals while reducing costs.
The data warehouse is a central repository for data from all your company’s primary business operations. It is the hub of your organization’s reporting system, and its contents are used to create reports that give executives a high-level view of how their company is performing.
The Data Warehouse can help with Disaster Recovery and Backup Management.
A data warehouse system stores information from different sources in one location. The data warehouse often serves as the primary storage location for enterprise databases and can be used as a backup to other data sources.
Data warehouses often collect data from multiple disparate systems and hold it until it is needed by the business or other departments within the company. This includes various business intelligence and analytical applications, customer relationship management, supply chain management, and product configuration systems.
Data warehouses are an invaluable tool for disaster recovery because they provide central access to your organization’s data, and you can identify what was lost if you have an up-to-date copy on standby. They also facilitate backup management because they store information in one place, so multiple copies are unnecessary at every point along the way.
Implementing a Data Warehouse can Make your Business More Proactive and agile in the Future.
Business intelligence, predictive analytics, and data warehousing have been thrown around in recent years. They are the backbone of any company that wants to be proactive and agile enough to compete in today’s business climate.
A data warehouse helps companies hold all their data in one place to generate reports faster and more efficiently than before. This way, a business can see all of its data for better insight into what is going on.
Benefits of a Data Warehouse
The benefits of a Data Warehouse are numerous. They include:
- Improved data quality
- Financial reporting
- Customer insight
- Supplier insight
- Employee insight
How Snowflake help your business
- Snowflake offers a variety of data exploration capabilities to help you find patterns and relationships in your data.
- It has no prerequisite skillsets, and queries can be executed with just SQL, so it’s easy for developers to get started.
- Snowflake can process terabytes of data per hour to ensure that performance is never an issue.
Why choose GTL?
GTL has a team of Snowflake Subject Matter Experts with extensive industry experience. We have highly skilled consultants that they can deploy to serve any particular project or client needs best.