Online Data Warehouses

Online data warehouses (ODWs) are centralized information systems and repositories that help companies gain insights and make better business decisions by using business intelligence. They store data that comes from a variety of sources, including internal operational databases, customer interface applications such as sales and marketing and partner systems from outside.

They function as a single source of truth, centralizing data in a standardized and non-volatile system accessible to authorized employees. Data warehouses support online analytical processing (OLAP), which lets users perform multidimensional data analysis swiftly and efficiently. A typical warehouse can be as large as petabytes.

Data warehouse tools are software components that enable operations on a large dataset, such as taking, reading and transfer. Xplenty is a well-known example as are Amazon Redshift, Teradata and IBM Infosphere.

A data warehouse enables businesses to make better decisions by removing the need rely solely on hunches or insufficient data. It also eliminates the need for slow and inefficient systems. It also enables decision-makers to make more informed choices by comparing multiple time periods. Data warehousing is a crucial tool for businesses in every industry, as it helps them improve campaigns, minimize turnover, increase revenue and much more.

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