What Are Online Data Warehouses?
28 September 2023A data warehouse is an online central repository that collects information from varied sources. It lets businesses detect patterns, spot efficiencies, and make better business decisions. It takes time to cross-check different systems and extract accurate data, particularly when the data are volatile or huge.
A data warehouse is an accumulation of clean, organized business data that can be arranged into columns and rows for business intelligence. The data is retrieved using structured query language (SQL) and the database design is usually oriented on addressing specific business needs.
Digital marketing agencies use data from multiple sources to provide customers with a the complete picture of their performance. This allows clients make informed decisions that positively impact the financial results and yield the best results to their clients.
Imagine an online data warehouse as a storage tank, set up to meet a household’s needs for clean water (data analysis). Let’s say that a bicycle maker is seeking to learn more about its existing customers. The company could use its data warehouse and learn about the gender, age, the location of its customers, and their buying habits. This data could help the bike maker to design and market new models of bicycles that are more appealing to the people it is targeting.
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