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Opening the Door to a Data Warehouse

As organizations continue to incorporate their data into strategic plans, a data warehouse solution can form an important part of their long-term goals. A well-designed data warehouse can not only maximize data efficiency, it can help an organization drive its business forward.

A data warehouse is now an essential stage of the data lifecycle. Its inclusion should be viewed as a business-wide strategic decision as it impacts the entire organization.

The data lifecycle and associated elements are important considerations when embarking on a data warehouse journey.

  1. Start with the end in mind: Identify how your data will be used to make informed decisions across the business and importantly, what the needs of each business unit are and what are they trying to achieve
  2. What data tools and technology are required: Use cases, budgets, time, information technology resources and business competencies, are all factors that will shape the most appropriate data warehouse solution for the business
  3. The operating model: Beside identifying the people, process and technology needed, it also steers the implementation direction for a warehouse to achieve data goals and meet future challenges
  4. Data capture: Managing and aggregation of data requires knowing the type, source and delivery mode of the data

To optimize outcomes, it is important to take into account the evolving data warehouse trends:

  • Managed Service Providers: Outsourcing reduces infrastructure build and administrative resources needed to manage the data warehouse.  It allows the business to focus on using the data rather than preparing and maintaining it
  • Unstructured Data: The increase in new and non-traditional information source often translates to unstructured data which requires further extraction and aggregation
  • Artificial Intelligence and Machine Learning: The automation of information processing has seen a proliferation of augmented analytics making the use of data a BAU tool for every individual

As organizations continue to incorporate their data into strategic plans, a data warehouse solution can form an important part of their long-term goals. A well-designed data warehouse can not only maximize data efficiency, it can help an organization drive its business forward.

Download our paper to learn more.

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