Data warehousing is the way in which information is stored
for analysis and it is one of Chris Freville’s specialties as an internet
technologies specialist. Data warehousing brings together diverse data to help
people in managerial positions to create quarterly reports and other analyses
of business information. During his nearly two decades as a freelance technology
worker, Chris Freville discovered a number of ways that data warehousing can
benefit companies.
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One of the baseline benefits of data warehousing
is that it can speed up the production of technical reports about your company.
Data warehousing generates information quickly and allows things like annual
reports to be written with due speed, says Chris Freville.
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Data warehousing can also be a good way to
maintain a kind of archival history of business data, explains Chris Freville.
Data warehousing allows businesses to provide a set point in the past and call
up information as it was at that time.
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One of the best things about data warehousing it
that it helps companies convert information into business intelligence by
slicing and dicing data cubes. By tracking business trends, businesses can make
smarter decisions, explains Chris Freville. Being able to use real information
instead of just intuition to make business decisions is a huge advantage in the
marketplace.
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The information that can be derived from data
warehousing can help businesses get closer to customers by drilling down within
your data. If you understand customer behavior, you can engage your clients
more effectively, says Chris Freville. Data warehousing allows you to bring in
customer data from different areas and see trends in customer behavior that
might not otherwise be obvious.
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Overall, data warehousing is the key to
competitive edge. Chris Freville recommends
that all companies bring in a data warehousing specialist at some point. It is
not difficult to maintain the system once it is put in place and the
information that the system provides can be invaluable for tracking business
trends and making strategic decisions.
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