The right way to choosing a reliable data warehousing service provider for your business
Low-key, data is far more valuable than you can think of, especially when you ask a business leader. In fact, a business that does not know how to utilize its own data to make it very useful information should expect to lose money and profit out of it.
There are many factors aside from not utilizing data warehousing that causes many businesses losing rather than earning, to mention a few, they could either be not practicing the importance of it while others may have their own data warehousing software and application, but they do not know the right and proper way of storing, utilization, and analyzation of data that led to huge sums of losses that makes their business look bad than good.
In fact, it is a long-standing issue for many companies around the world about ignoring the importance of data warehousing, and most of the time, it is often overlooked. In today’s data-driven culture, your data is the most powerful tool you can use, and it would be no good to you if you cannot properly organize and analyze it.
So, why is data warehousing important? Data warehouse is a virtual place that stores your current and historical data which ranges from your marketing, your sales, and other departments of your business in a single central repository where you can analyze it for further market research, analytical reports, as well as other decision-making supporting facts that further solidify your chances of having a successful decision-making process.
Usually, the problem about this matter does not entirely relate about not having a data warehousing capability of a company, but rather choosing the wrong type of data storage and running it ineffectively through wrong analytics.
In order for you to prevent this from happening, you should learn these very useful tips in selecting data warehouse software or application to answer your business needs.
- No issues with network latency- When it comes to the speed in cloud-based service between on-premise deployments people are usually confused about it, however the truth behind it is that regardless of any given speed constraints which are imposed in having an access to your data warehouse coming from a network does not take its effect on the performance of the decision-makers at an organization assumption.
- Tells you the total cost- Having a data warehouse for your company has a considerable amount of cost that you need to pay for the provider. For deploying and implementing it, building a data warehouse such as the iSeries cloud services for a single company can cost more than a thousand dollars which is why the data warehousing provider should give you the total cost in a professional and transparent way.
- Must always uphold quality and standard work- In any service that you seek, always choose a provider that always upholds quality work that follows the standards of their industry because you are paying them money in exchange to share their expertise in this kind of complex matter.
- Always available- You should always choose a provider that is always available and always prioritize your company as its client considering that data warehousing is now part of your company’s crucial aspect in terms of gathering sufficient information in order to make progress and earn bigger profits.