Today, less than 0.5% of data is actually being used, and businesses lose over $600 billion a year because of bad data. That means that, by and large, businesses are not properly storing, using and analyzing the data that they have coming in each day.
This is a huge problem, especially in today’s data-driven culture. Your data is only powerful if you can use it - and it is no good to you if you can’t properly organize and analyze it.
For many, this bad data problem comes from choosing the wrong type of data storage and running ineffective analytics as a result. Here, we break down the basics of data warehouses and discuss the important criteria that companies must keep in mind when considering a data warehouse for their business.
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