Data warehousing

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A data warehouse is a repository of an organization's electronically stored data. Data warehouses are operational systems which perform day-to-day transaction processing. They are designed for data storage to facilitate business reporting and analysis. Besides data storage, an essential component of a data warehousing system includes Business Intelligence tools.
Business Intelligence tools are a type of application software that is designed to include the means to retrieve and analyze data, to extract, transform and load data into the repository, and to manage and retrieve the data dictionary. These tools include spreadsheets, reporting and querying software, business performance management as well as data mining. These tools may be included as components of ERP
The aim of data warehousing is to transform data into information and making it available to the user in a timely enough manner to make a difference. They facilitate decision support system applications such as trend reports, exception reports, and reports that show actual performance against planned performance.
Some of the benefits that a data warehouse provides are as follows:

* A data warehouse provides a common data model for all data. This makes it easier to report and analyze information than it would be if multiple data models were used to retrieve information.
* Prior to loading data into the data warehouse, inconsistencies are identified and resolved. This greatly simplifies reporting and analysis.
* Information in the data warehouse is under the control of data warehouse users so that, even if the source system data is purged over time, the information in the warehouse can be stored safely for extended periods of time.
* Because they are separate from operational systems, data warehouses provide retrieval of data without slowing down operational systems.
* Data warehouses can work in conjunction with and, hence, enhance the value of operational business applications.

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