Business Drivers


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Thread: Business Drivers


Chandle58
There are many business drivers in play today that are motivating companies to establish data warehouses. Current, consistent and accurate business information, Website design services (http://www.wspgweb.com/) believe is critical for strategic and tactical decision making.

Fragmented, inconsistent and outdated data in multiple databases does not permit good strategic and tactical decision-making. Companies require that business intelligence be consolidated and presented in a suitable format for decision-making. Inconsistent information from disparate information systems is no longer acceptable. Data Warehouses help companies to achieve a single version of the truth by consolidating the most accurate and current data from the most reliable systems.

In a highly competitive market place, businesses need to quickly identify problems and opportunities and respond to events expeditiously and appropriately. Up-to-date information on sales, profits, inventories and customers can help identify problems early and leverage opportunities that could otherwise be missed. Most application systems are too narrowly scoped and operate on cycles that don't support real-time or near real-time information access. A data warehouse, however, can be designed to deliver up-to-date accurate information to decision makers.

It is very difficult for businesses to anticipate future information needs. Application systems often seem rigid and unable to adapt to evolving management information needs. Businesses need the flexibility to slice and dice data in many ways in order to identify and analyze changes in the market place or in the business itself. Data Warehouses are designed for online, analytical purposes and provide great flexibility