When IT (Information Technology) started emerging as one of the biggest inventions in the world of technology, the need for processing power and the improvement of techniques and analytical tools called data warehouse also began to take charge for all the businesses in the world.
The main question asked by many is – What is the need for a data warehouse for any company? Well, the need might not be immediately required, but a data warehouse becomes an important tool whenever a company requires to get information regarding designing, building, maintaining or even retrieving data.
That is to say that data warehousing is a resourceful and organized method to maintain and report scattered data through an organization. Its main duty is to help the management with easy decision making process. Now, for over two decades, the data warehouse has provided unlimited support to many companies and why not? There are plenty of reasons why a company must opt for data warehouse in their organization. Some of the salient features of a data warehouse include collection of data, recording of data, filtration of data and provides all the relevant information to top level management in an organization. One of a simple example that a data warehouse will help is that it helps in providing important information to a concerned employee or employer without the need to stop the continuous production system. This helps in saving a lot of time. Data warehouse helps in providing the entire information to the person who is in control of the software.
Data warehouse actually helps organizations with business and management analysis for meeting various demands of their customers. Data warehouse software was introduced during early 1990s and ever since its launch; the demand for such data warehouse software has been helping companies take instant decisions based on its accuracy.