Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Benefits Offered by Software for Business Intelligence Data Warehousing

By Triumphsys Subscribe to RSS | December 21st 2011 | Views:
loading
 
  



Enterprise data warehousing (DW) is applied in virtually every corporation, with enterprises usually taking advantage of specialized applications to perform business intelligence data warehousing, whereas data warehouses solutions are made of servers, storage space, operating system, and specialized software. Software vendors also provide ready-to-use solutions that can be installed and run on a predefined set of hardware configurations, thus allowing enterprises to apply data warehousing in business intelligence without vast investment in new hardware and software. In addition, some software vendors have developed products that combine or run on various hardware platforms. For example, business intelligence data warehousing in Oracle systems enables managers and business owners to select from a variety of hardware platforms on which the software is able to run.

In fact, data warehousing is a process and procedure that allow managers and corporate executives to get easy access to valuable data and analyze these data for the purpose of market research or analysis of various market processes and trends. Business intelligence tools are an integral part of decent systems for data warehousing, which is often referred to as storing of data, with growing number of experts acknowledging that tools to extract data, and manage and get metadata should also be considered part of data warehousing business intelligence.

Enterprise data warehousing can be applied to support businesses in various elements of their day-to-day activities. Data warehouse applications can be applied successfully in decision support, financial forecasting, trend analysis, financial fraud analysis, etc. In fact, customized data warehousing solutions can be implemented by companies involved in any business, assisting managers in decision making process while storing valuable data for further analysis.

On the other hand, initial entry costs of data warehouse vary from $10,000 to $150,000 per terabyte; therefore, data warehousing is aimed mostly at medium-sized and large businesses that need their business intelligence tools to run smoothly, taking advantage of large volumes of data collected for analysis. Overall, implementation of data warehousing systems offers marked reduction in costs, securing low entry and maintenance costs.

Data warehousing is used in business intelligence applications partly because the performance offered by such solutions is usually better than the performance provided by other products for data storing, data retrieving, and analysis of data. Modern data warehouse platforms are able to secure high-performance using advanced analytics methods that were previously known for their low performance due to software and hardware issues that software developers and vendors were not able to solve in the past.

Scalability is another factor that plays an essential role in cost reduction with many software vendors offering data warehousing systems made of modules, which helps businesses in lowering upfront costs related to over-provisioning. In addition, scalability allows database administrators and IT managers to deploy solutions in line with company needs and requirements, following an analysis of business process and procedures within their respective enterprise.

In general, client server application development provides visible results and cost reductions within months after implementation. Recently, software development center India - vendors started to provide solutions that are designed with business intelligence data warehousing in mind, thus enabling corporations to utilize such software products as strategic tools in running their day-to-day business activities.

Triumphsys - About Author:
An external customized software development company can bring product innovation ideas that rarely can be produced by in-house staff that get used to perform routine tasks within their respective departments. A software development in India can take a different approach to standard business processes and tasks in an enterprise.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/software-articles/benefits-offered-by-software-for-business-intelligence-data-warehousing.htm

Related Software Articles Subscribe to RSS

There are numerous solutions that a software development company can furnish to various forms of business in recent times
Published by Williemcintosh on June 29th 2012 | Software
Some of the solutions which outsourced businesses can provide. Various of these solutions incorporat...
 
Uses of Digital Signage software in the healthcare industry
Published by Digital Technology on April 5th 2012 | Software
Communication is a major aspect of good healthcare today simply because proper organization is essen...
 
SharePoint 2010 helps in the development and customization of solutions
Published by Cygnet Infotech on July 11th 2012 | Software
SharePoint 2010 is the latest and advanced version of Microsoft Office SharePoint. The new version o...
 
UB 04 software – the Most Reliable Medical Billing Solution
Published by James Blee on May 15th 2012 | Software
If you are a medical professional and wish to submit claims then you no longer need to hire medical ...
 
How Effective Auditing ADFS is Using the proper Federation Service Computer software
Published by Leila on May 21st 2012 | Computer
Several organizations are continually faced using the challenge to authenticate and audit users of t...
 
To select the finest warehouse software then just choose Vision Software
Published by James Blee on August 24th 2012 | Software
Here at Vision Software Solutions we have provided both blue chip and SME’s with warehouse softwar...
 
Ideal ways to identify the best recycling software
Published by Angel on April 5th 2012 | Software
Recycling centers that want to automate recycling business procedures can derive great benefits out ...
 
Best Ecommerce software solutions
Published by Paul on February 15th 2012 | Software
Ecommerce software solutions include Zen Car, OS Commerce and Magento, among others. These softwares...
 
Role of web extraction software in data acquisition
Published by Newprosoft on December 6th 2011 | Computer
Data contained on the internet is virtually limitless and this has necessitated the development of s...
 
HRcomparison intuitive payroll software
Published by James Blee on August 6th 2012 | Software
HRcomparison are a company who pride themselves on their ability to provide business with the soluti...
 
An introduction to music writing software
Published by Angie Turner on June 16th 2012 | Software
If you are part of the current crop of young musicians and songwriters then chances are that you wil...
 
3 Things to consider before implementing recycling software
Published by Angel on June 1st 2012 | Software
The enthusiastic recycler who wants to enhance business procedures and improve his recycling busines...
 
An Objective Look at How Employee scheduling software Ensures Project Success
Published by David Hog on March 27th 2012 | Software
The use of tried proven resource scheduling software ensures project success regardless of the proje...
 
Technical knowledge and innovative ideas are important application development
Published by Anoop TU on May 31st 2012 | Software
Communication section have been developing very much nowadays with the dynamic telecom sector. Smar...
 
Four challenges to overcome during mobile website development
Published by Angel on January 25th 2012 | Software
Organizations offer their focal attention to build mobile sites through mobile website development p...
 
In 2012, US IT managers are looking to replace their offshore software development providers by nearshore ones.
Published by Yeleny Lopez on January 24th 2012 | Software
We have built customized tools for automating software development phases, maximizing the power leve...
 
What makes banking software companies an able ally for financial institutions
Published by Angel on March 9th 2012 | Software
With the rise in the demand pertaining to banking software solutions, financial institutions have st...
 
Use software’s for improving your computer and internet speed
Published by Jahna Sebastian on January 11th 2012 | Software
In today’s highly competitive world, every individual need computer and internet for their work or...
 
Drupal development is the most powerful among the other CMS
Published by Sam Ward on July 13th 2012 | Software
In a decade if you carefully notice, there are so many open source CMS flooding in the market. Many ...
 
New Trends in Mobile application development
Published by Etisbewcorp on August 23rd 2012 | Software
Mobile Application Development methodology
With the consumer market getting giddy in anticipatio...