What is the role of data warehousing in business analytics? 🔊
The role of data warehousing in business analytics is to consolidate and store vast amounts of data from various sources in a centralized repository for analysis. This process enhances decision-making by providing a comprehensive view of organizational data, facilitating reporting, and conducting advanced analytics, including data mining and predictive analysis. Data warehouses enable businesses to analyze historical trends, recognize patterns, and derive insights that inform strategy and operations. This supports improved performance and competitive advantage.
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