Question 1

What are Data Warehouse Solutions?

Accepted Answer

Data warehouse technology is used as a storage mechanism that pulls data from multiple disparate data sources into one single data store in an organized and efficient way to enable analytics and reporting for better decision-making. It is different from traditional database technology which is only capable of recording data. Data warehouse solutions are designed with integration and analysis in mind; and not like other databases that are designed to be queried in a variety of ways. This helps users without knowledge of SQL or other common querying languages to extract information from storage. 
 A data warehouse acts as a single data repository that is an analytical and reporting database used to store historical data pulled from various disparate data sources. It also enables data retrieval through complex queries using online analytical processing (OLAP). 
 Most data warehouse technology comes with features for data cleansing and normalization, so data can be stored in a variety of forms. This allows data from sales, marketing, research, and other departments to be stored in their natural forms but cleansed for comparative analysis. 
 
What Types of Data Warehouse Solutions Exist?
 
 Data warehouse solutions enable users to gain critical insights into their data through improved seamless self-service business intelligence (BI) capabilities. Though the purpose of the software remains the same, it differs in the mode of deployment and architecture. A data warehouse solution can be deployed both on the cloud and on-premises.  
 Cloud data warehouse  
 With cloud data warehouses, businesses can scale horizontally to hold increased storage and compute requirements. A data warehouse deployed on the cloud provides an improved infrastructure that lets companies focus more on delivering better and faster insights rather than managing a full house of servers on premises. These solutions provide cost control as organizations pay for what they use. 
 On-premises or license data warehouse  
 An on-premises data warehouse software lets organizations buy one time, deploy in-house, and enable control over their hardware and software infrastructure. This deployment solution requires a consultant to help with installation and ongoing support. One advantage of on-premises data warehouse solutions is that it gives complete control and access over the data within an organization, helping minimize security risks.

Question 2

What are the Common Features of Data Warehouse Solutions?

Accepted Answer

Data warehouses help organizations execute an effective data strategy, they feed structured and standardized data into BI tools which provide data professionals with high-level insights for decision-making. The following are some core features of data warehouse software:  
 Data source connections: Data warehouses typically rely on a range of data sources. The data can come from disparate sources, such as spreadsheets, banking systems, and software that ranges from SQL servers and relational databases to legacy systems. This feature helps users pull data that they hope to use during the decision-making process. 
 Data mart: Data warehouses are organized into individual subsections. These segmented storage locations within the data warehouse are typically relevant to an individual team or department. Data warehouse solutions enable users to create data marts within them. 
 Scaling: Scaling allows the data warehouse to expand storage capacity and functionality while maintaining balanced workloads. This helps facilitate the growing demand for requests and expanding sets of information. 
 Autoscaling: While many tools allow administrators to control scaling storage, autoscaling features help to reduce the manual aspects. This is done with automation tools or bots that scale services and data automatically or on demand. 
 Data sharing: Data sharing features offer collaborative functionality for sharing queries and data sets. These can be edited or maintained between users and potentially sent to customers or business partners. 
 Data discovery: Search tools provide the ability to search vast, global data sets to find relevant information. This allows users self-service access and navigation to multiple datasets. 
 Data modeling: Data modeling tools help users structure and edit data in a manner that enables quick and accurate insight extraction. They also help translate raw data into a more digestible format. 
 Compliance: Compliance features monitor assets and enforce security policies. This also helps to audit assets to support compliance with personally identifiable information (PII), General Data Protection Regulation (GDPR), Health Insurance Portability and Accountability Act (HIPAA), and other regulatory standards. 
 Data staging: Data staging areas are used to normalize and structure information. These transitional storage areas are often used during extract, transform, and load (ETL) processes where information is transformed, consolidated, aligned, and eventually exported. 
 Presentation tools: Once data has been cleansed and normalized within the staging area, it will be transferred to data marts for access from users. They may be exported at that point or paired with BI tools for further visualization and data analysis. 
 Integration tools: Integration tools are used both in the collection of information from its various data sources, as well as dispensing information after it has been normalized or modeled. These tools help facilitate the input of information and utilize the data being stored within a data warehouse. 
 Data transformation: This feature enables functions like data cleansing, data deduplication, data validation, summarization, and more. Data transformation is needed to convert the data into a format that can be used by BI tools to extract actionable insights in a seamless manner. 
 Real-time analytics: Real-time analytics features provide information in its most recent state and update users as soon as it changes. This will prevent the need to continually update data sets and simplifies the use of streaming data. 
 Other features of data warehouse software: AI/ML Integration and Data Lake Integrations.

Question 3

What are the Benefits of Data Warehouse Solutions?

Accepted Answer

Data warehouses pull data from multiple disparate sources across departments within an organization. This data flows from various CRM systems, financial systems, ERP software, and more in real time. They act as decision support systems that are designed to store historical data, further processed and transformed to make it available for decision makers to gain meaningful and valuable insights. These solutions provide a single source of truth for all the data within an organization to make data-driven decisions. 
 Improved BI: Organizations majorly use data warehouses to support their analytics and BI requirements. Data warehouses facilitate centralized data storage in a quick and easy-to-access manner which further benefits BI implementations through effective analytics and better business decision making. Thus, these solutions help gain fast, accurate, and relevant insights into their data. 
 Increased return on investment (ROI): Organizations achieve an increase in revenue due to cost savings. Deploying data warehouse solutions helps organizations consolidate data from multiple disparate sources in a specific high-quality format at one single repository, making it easily available to access and analyze better. Data warehousing solutions also help improve operational efficiency and productivity. 
 Provides competitive advantage: Data within data warehouses is pulled from multiple disparate sources from within an organization and stored in a standardized format, ready to be analyzed. This allows quick and easy access to data and helps save a lot of time in deriving insights. They enable data professionals to identify and evaluate key threats and opportunities through effective business data analysis. 
 Improves operational workflow: Data in a data warehouse is often transformed and cleaned before being loaded into it. This ensures that the data being used is good in quality and the insights generated from the data can be trusted to be accurate. This can improve the operational efficiency of businesses.

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G2 Grid® for Data Warehouse Solutions

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Best Data Warehouse Solutions - Page 9