What the Accountant Must Know About Data Warehousing
- Topics:
- Records and Document Management
- Tags:
- Business Intelligence,
- Data Management,
- Data Warehouse,
- Databases,
- Enterprise Software,
- Hardware,
- Software,
- Storage
- Source:
- The CPA Journal
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Overview: Data warehouse stores information designed to assist in management decision making. Its major purpose is to query all database information scattered throughout an organization, making all information available and relevant to decision making. In order to transfer information between databases so that the data warehouse integrates all data components, program reformatting must provide for information transfer among database management systems. Technological advancements have made the adoption and implementation of data warehouses financially feasible. The use of these systems assists managers in deriving trends, preparing forecasts, and focusing strategic decisions by putting vast amounts of information at their fingertips. A data warehouse consists of a group of technologies that integrates the operational data of all departments into a single database. The information in the data warehouse is arranged by subject for easy use. A data warehouse is a database for large volumes of data used primarily for high level analysis and decision making rather than for operations. The choice of data mart or data warehouse technology should be predicated on the specific needs of the user. Nevertheless, many professionals believe that both do excellent jobs of analyzing the data.
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Format: HTML | Date: Jan 2003 | Pages: 1
