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What Role Does Data Warehousing Play In BI Software?

  • The BI reporting tools we use today would not be possible without the data warehouse. 

    BI software comes down to using data to answer detailed questions and then act on what you've learned. For this, you need a data warehouse because it gives you a safe place to organize and store all your data and a quick way to get the answers you need when you need them. 

    It's also a vital part. By 2025, people will have made 175 zettabytes of data, according to predictions. To give you an idea of how much that is, it's the same as 175 billion trillion bytes. 

    Where does all this information go? Data warehouses come in handy here because they store most of this information. 

    Businesses use data warehouses to keep track of transactions, analyze data, and keep data organized. In a nutshell, data warehouses help companies of all sizes and types use huge amounts of data more effectively. 

    Because of this, they are becoming essential to data pipelines and BI dashboard software worldwide. Also, to get the most out of BI software, you need to understand how data warehouses work, which is not as hard as it seems. 

    What is a data warehouse?

    A data warehouse is a huge system for storing and getting information used to process and analyze data. The data comes from various sources and goes into a huge warehouse, which represents where the data came from. Then, this information is filed neatly on shelf after shelf, making it easy to find when needed. 

    How Does A Data Warehouse Work?

    With the proper data warehousing in place, different data sets can be combined into a single, useful resource. A data warehouse collects customer information from many other sources, like POS systems, mailing lists, a company's website, and feedback forms could be put in one place. There could also be confidential employee information like salaries, benefits, etc. Companies do consumer analysis by using parts of a data warehouse. 

    Data mining is a function of a data warehouse that looks for relevant data patterns in large data sets to find new ways to increase sales and profits.

    Business Intelligence platforms and Data Warehouses 

    Business Intelligence platforms analyze data, while data warehouses store it. When these two systems work together, Business Intelligence can be used to its full potential. 

    BI dashboard software help with the 'data analysis' step, but its name comes from the fact that it brings together the other two stages: 'data wrangling' and 'data storage.' 

    First, BI reporting tools work with many sources, including your data warehouse. Then, they make it easy to ask questions about the data to look for patterns and insights. Then, using dashboards and reports, they make it easy to see and share data. 

    With a good data warehouse as a base, these three steps will make keeping the central promise of Business Intelligence easier: giving everyone in your organization the ability to understand and act on data.

    Closing Words-

    Grow’s BI software can replace an external data warehouse since it can bring in your most important company data and always have the most up-to-date information available at your fingertips. 

    With the help of Grow’s in-built data warehousing, disparate data sets can be consolidated into a single, useful resource.

    Bring all your data together with our modern BI dashboard software. 

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