Data Warehousing Highlights Research by the Meta Group states that data warehousing was a 3.5 billion dollar business in early 1997, and will increase to approximately 8 billion dollars in 1998. The combination of a well-built data warehouse with good data mining and OLAP tools can result in a large increase in productivity and predictive abilities for a company. Our group is using data from various government agencies and private companies to investigate the ways organizations can better combine data warehousing, data mining, and OLAP tools to improve their efficiency and knowledge. The data warehouse is a means of providing users with easier, faster, more reliable and less expensive ways of reviewing critical corporate information that helps them make timely and correct business decisions. Red Brick Software AG SAS Sybase Teradata Using the Data Warehouse Without detailed knowledge of how to correctly integrate the various technologies for data mining and data warehousing, companies can lose millions of dollars without gaining the knowledge needed to improve their business.
Several companies stand out for their technological capabilities in building a data warehouse.
But before deciding to build a data warehouse, as well as when choosing which product to use, the information one wants to get out of one's operational data has to be decided on. After it has been determined that building a data warehouse will be useful for a business, there are several ways to proceed. The current research of the team includes understanding how to best leverage the technologies available, and the results of the study will be available soon. More Information Data Warehousing Overview List of data warehousing-related vendors by the data warehousing institute. Data Warehousing Institute.