Data Warehouse
The data warehouse is a system of storing data for the purpose of analysis and reporting. It is believed to be the main component of business intelligence. Data stored in the warehouse is uploaded from the operational system like sales or marketing.Whizlabs
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- Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- The education vertical currently has the lowest adoption of big data among vertical industries, but educators are most likely to say they may use big data in the future.
- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
- The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
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