For the past few years, data warehousing solution is becoming a huge trend in medium and large sized companies alike. Data warehouse is no longer just a theorized studies in universities, because many business and industries have started to embrace this mainstream phenomenon. Although it's not applied in every companies yet, we can see the stable growth for the demand for this.
Data warehousing has dramatically changed how decision support system and business intelligence in every industry. From financial institutions to manufacturing enterprises, from government departments to airline companies and from utility business to retail chain stores.
In the early 90s, in order to keep up with the global competition and complex business growth, business executives became desperate for information to stay competitive and improve the bottom line. Although operational systems provided daily operational informations, they weren't what the executives needed. The executives needed different kinds of information that could be readily used to make strategic decisions. They wanted to know where to build the next warehouse, which product lines to expand, and which markets they should strengthen. Therefore, businesses were compelled to turn to new ways of getting strategic information.
Over the past two decades, companies have accumulated tons and tons of data about their operations. Mountains of data exist. Information is said to double every 18 months. If we have such huge quantities of data in our organizations, why cant our executives and managers use this data for making strategic decisions? Lots and lots of information exist. Why then do we talk about an information crisis? Most companies are faced with an information crisis not because of lack of sufficient data, but because the available data is not readily usable for strategic decision making. These large quantities of data are very useful and good for running the business operations, but hardly amenable for use in making decisions about business strategies and objectives.
The fact is that for nearly two decades or more, IT departments have been attempting to provide information to key personnel in their companies for making strategic decisions. Sometimes an IT department could produce ad hoc reports from a single application. In most cases, the reports would need data from multiple systems, requiring the writing of extract programs to create intermediary files that could be used to produce the ad hoc reports. Most of these attempts by IT in the past ended in failure. The users could not clearly define what they wanted in the first place. Once they saw the first set of reports, they wanted more data in different formats. The chain continued. This was mainly because of the very nature of the process of making strategic decisions. Information needed for strategic decision making has to be available in an interactive manner. The user must be able to query online, get results, and query some more. The information must be in a format suitable for analysis.
What is a basic reason for the failure of all the previous attempts by IT to provide strategic information? What has IT been doing all along? The fundamental reason for the inability to provide strategic information is that we have been trying all along to provide strategic information from the operational systems. These operational systems such as order processing, inventory control, claims processing, outpatient billing, and so on are not designed or intended to provide strategic information. If we need the ability to provide strategic information, we must get the information from altogether different types of systems. Only specially designed decision support systems or informational systems can provide strategic information.
At this stage of our discussion, we now realize that we do need different types of decision support systems to provide strategic information. The type of information needed for strategic decision making is different from that available from operational systems. We need a new type of system environment for the purpose of providing strategic information for analysis, discerning trends, and monitoring performance.
This new system environment that users desperately need to obtain strategic information happens to be the new paradigm of data warehousing. Enterprises that are building data warehouses are actually building this new system environment. This new environment is kept separate from the system environment supporting the day-to-day operations. The data warehouse essentially holds the business intelligence for the enterprise to enable strategic decision making. The data warehouse is the only viable solution. We have clearly seen that solutions based on the data extracted from operational systems are all totally unsatisfactory. Basically, data warehouse is a simple concept, it involves different functions: data extraction, the function of loading the data, transforming the data, storing the data, and providing user interfaces.
The end result is the creation of a new computing environment for the purpose of providing the strategic information every enterprise needs desperately. There are several vendor tools available in each of these technologies. You do not have to build your data warehouse from scratch.Links:
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Data warehousing has dramatically changed how decision support system and business intelligence in every industry. From financial institutions to manufacturing enterprises, from government departments to airline companies and from utility business to retail chain stores.
In the early 90s, in order to keep up with the global competition and complex business growth, business executives became desperate for information to stay competitive and improve the bottom line. Although operational systems provided daily operational informations, they weren't what the executives needed. The executives needed different kinds of information that could be readily used to make strategic decisions. They wanted to know where to build the next warehouse, which product lines to expand, and which markets they should strengthen. Therefore, businesses were compelled to turn to new ways of getting strategic information.
Over the past two decades, companies have accumulated tons and tons of data about their operations. Mountains of data exist. Information is said to double every 18 months. If we have such huge quantities of data in our organizations, why cant our executives and managers use this data for making strategic decisions? Lots and lots of information exist. Why then do we talk about an information crisis? Most companies are faced with an information crisis not because of lack of sufficient data, but because the available data is not readily usable for strategic decision making. These large quantities of data are very useful and good for running the business operations, but hardly amenable for use in making decisions about business strategies and objectives.
The fact is that for nearly two decades or more, IT departments have been attempting to provide information to key personnel in their companies for making strategic decisions. Sometimes an IT department could produce ad hoc reports from a single application. In most cases, the reports would need data from multiple systems, requiring the writing of extract programs to create intermediary files that could be used to produce the ad hoc reports. Most of these attempts by IT in the past ended in failure. The users could not clearly define what they wanted in the first place. Once they saw the first set of reports, they wanted more data in different formats. The chain continued. This was mainly because of the very nature of the process of making strategic decisions. Information needed for strategic decision making has to be available in an interactive manner. The user must be able to query online, get results, and query some more. The information must be in a format suitable for analysis.
What is a basic reason for the failure of all the previous attempts by IT to provide strategic information? What has IT been doing all along? The fundamental reason for the inability to provide strategic information is that we have been trying all along to provide strategic information from the operational systems. These operational systems such as order processing, inventory control, claims processing, outpatient billing, and so on are not designed or intended to provide strategic information. If we need the ability to provide strategic information, we must get the information from altogether different types of systems. Only specially designed decision support systems or informational systems can provide strategic information.
At this stage of our discussion, we now realize that we do need different types of decision support systems to provide strategic information. The type of information needed for strategic decision making is different from that available from operational systems. We need a new type of system environment for the purpose of providing strategic information for analysis, discerning trends, and monitoring performance.
This new system environment that users desperately need to obtain strategic information happens to be the new paradigm of data warehousing. Enterprises that are building data warehouses are actually building this new system environment. This new environment is kept separate from the system environment supporting the day-to-day operations. The data warehouse essentially holds the business intelligence for the enterprise to enable strategic decision making. The data warehouse is the only viable solution. We have clearly seen that solutions based on the data extracted from operational systems are all totally unsatisfactory. Basically, data warehouse is a simple concept, it involves different functions: data extraction, the function of loading the data, transforming the data, storing the data, and providing user interfaces.
The end result is the creation of a new computing environment for the purpose of providing the strategic information every enterprise needs desperately. There are several vendor tools available in each of these technologies. You do not have to build your data warehouse from scratch.Links:
how to recover deleted data Tool is a great data recovery program which can help you recover any lost data especially deleted photos. If you\\\\\\\'ve deleted your valuable photos and cleaned the recycle bin. data recovery tools Tool can recover all of them for you without any difficulty. The recovery is complete and efficient. how to recover deleted data Tool can recover all lost files including documents, emails, photos, videos, audio files and so on. data recovery tools Tool proves as an easy-to-use and convenient utility for the users who lose their important files to any system crash, hardware failure, virus attack, or a case of accidental file deletion.
sandisk card recovery is the safest way to recover lost as well as corrupted digital images. How to recover sandisk card is easy-to-use card recovery software. This software can effectively recover deleted, music, video, and multimedia files from almost all digital memory cards after disasters like erroneous deletion, corruption or formatting errors, and so on. How to recover sandisk card is safe and risk-free. sandisk card recovery is well embedded with advanced techniques by which it can easily recover the in-accessible images. It is observed that sandisk card recovery supports almost all famous digital cameras in the market, such as Nikon, Canon, Kodak, FujiFilm, Olympus, Sony, SamSung, Panasonic, Fuji, Konica-Minolta, HP, Agfa, NEC and so on. It can help users retrieve pictures without any risk.
SD Card Recovery Pro is specialized photo recovery tool which could restore deleted images from any type of storage media and from any sort of data loss scenarios. SD Card Recovery Pro is professional file recovery software which is used to recover deleted files from PC hard drive, digital cameras, USB drives, flash memory cards including Compact Flash Card (CF), Smart Media Card, Multi-Media Card (MMC), XD Picture Card (XD), Micro Drive, Sony Memory Stick (Duo, Pro), as well as removable storage including iPods, USB drives and external Hard drives. No matter where you