Have you been manually collecting data from several individual sources or databases? Has there been a series of decisions made by your enterprise that lacks data backing? If you have answered in the affirmative, then it is time for you to consider upping the ante to a robust data management and data warehouse system.

Data management is absolutely essential as it enhances your analytics capabilities whilst providing a holistic overview to all key stakeholders. On the other hand, investing in data warehousing saves time and cost effort on engineering as it helps act as the central repository and run analytics from a unified platform.

What Is a Data Warehouse?

To put it simply, a data warehouse, such as the SAP Data Warehouse is a system that assimilates information from several databases enabling easy accessibility and analysis. By helping store these massive amounts of structured and unstructured historical data, these data warehouses assist data analysts, scientists and engineers to derive valuable business insights and intelligence.

Moreover, the data warehouse collates from individual sources and brings all of this information onto a central platform. This helps businesses to funnel out data from disparate sources such as relational databases, transactional systems and operational databases. Migrating it to the warehouse ensures that the information is conveniently accessible and usable. The business, in turn, gets a more holistic view of its consumers. This analysis, ultimately, leads to better forecasting for the business and informed decisions to drive growth and profitability.

How to Implement a New Data Warehouse?

You will be able to implement a new data warehouse in two ways. You may either opt for an on-premise method that is designed and maintained by an in-house team at the physical location of your business enterprise. Alternatively, you may choose to go with a cloud data warehouse that is accessible completely online.

Moreover, going for a cloud data warehouse architecture from a service provider like SAP Partners ensures easy implementation and scalability.

What Are the Factors to Consider When Choosing a Data Warehouse?

If you are convinced that you need to implement data warehousing for your business enterprise, then it is important to zero in on the requirements of your business first. That will help you to choose your service provider.

Here are the key factors that you need to keep in mind:

• the type and amount of data you want to store
• how dynamically you need it to scale
• the speed at which you need to access your queries
• if you want the maintenance to be manual or automatic
• the level of compatibility between the data warehouse and your current tech stack
• the monetary investment

In Conclusion

Are you ready to get the best data warehouse for your business? Check out the service offerings by MDSap, a recognised partner of SAP Consulting operating in the Middle East. One of the well-known SAP Companies in Dubai, MDSap will design tailormade solutions that will help your business identify trends, analyse them and make better predictions for the future.