Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
    financial analytics
    Financial Analytics Shows The Hidden Cost Of Not Switching Systems
    4 Min Read
    warehouse accidents
    Data Analytics and the Future of Warehouse Safety
    10 Min Read
    stock investing and data analytics
    How Data Analytics Supports Smarter Stock Trading Strategies
    4 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Is Consulting Worth the Money?
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Data Warehousing > Is Consulting Worth the Money?
Data Warehousing

Is Consulting Worth the Money?

paulbarsch
paulbarsch
4 Min Read
SHARE

For data warehouse implementations, many IT buyers offer their vendor a baseline budget and ask for the most hardware and software they can muster –sans the consulting. Perhaps the IT buyer has a mindset that either they can “do it themselves” a la home improvement stores, or that services really aren’t a necessary component of a data warehouse purchase. Let me relate a personal story to illustrate the fallacy of this approach.

For data warehouse implementations, many IT buyers offer their vendor a baseline budget and ask for the most hardware and software they can muster –sans the consulting. Perhaps the IT buyer has a mindset that either they can “do it themselves” a la home improvement stores, or that services really aren’t a necessary component of a data warehouse purchase. Let me relate a personal story to illustrate the fallacy of this approach.

A month ago, my watch band snapped and I had a choice to either replace or repair it. Walking into a jewelry store, the manager behind the counter mentioned that $40 bands were available for replacement, or he could fix it for $12. Naturally, I took the lesser amount and waited for my watch repair.

More Read

Big Data’s impact on Human Resources
MDM Goes Beyond the Data Warehouse
Singularity Hub predicts the cost to sequence an entire…
Web 2.0 Data Scalability
With over 30 shopping-related APIs and 300+ mashups tagged…

Editor’s note: Paul Barsch is an employee of Teradata, a sponsor of The Smart Data Collective.

In no more than three minutes, the manager had my watchband repaired. “That’ll be $12 please,” he said. My initial reaction was that I was an easy “mark” in a very simple scheme of charging too much for too little; after all $12 for three minutes sounded pretty ridiculous.  That is, until realized that I didn’t have the knowledge, tools, or parts to repair my watchband.  To repair the watch correctly and save $28, I had to rely on the expertise and knowledge of a jeweler.

This personal story reminds me of a video clip on artist Paula Scher.  In the video, Ms. Scher discusses how she came to design the Citi logo when Citi and Travelers merged in 1999. Within minutes, Ms. Scher quickly sketched out the new logo (on a napkin) and completed the project in record time. “It took me a few seconds to draw it (the new logo), but it took me 34 years to learn how to draw it in seconds,” she says. 

Beauty, simplicity, and the exact results the client wanted –all in minutes. And I’m guessing the price tag for logo design wasn’t $12. Clients ask Ms. Scher; ‘How can a logo be designed in a second?’ to which she responds, “Every experience, every movie, every thing of my life that’s in my head (goes into the process).”

A data warehouse implementation can easily be one of the more critical IT projects for any company. And to be clear, there are undoubtedly some organizations that really have “do it yourself” capabilities, but those cases are rare.

Warren Buffett once wisely said, “Risk comes from not knowing what you’re doing.” So then, that “unnecessary” data warehouse consulting can provide structure; design and execution know-how to get a data warehousing project completed on-time and on-budget. It’s the experience and knowledge of a consultant that can ultimately help reduce waste, provide less rework and potentially bring business results to an organization much faster than a do-it-yourself approach. 

TAGGED:risk managementservices
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

ai in video game development
Machine Learning Is Changing iGaming Software Development
Exclusive Machine Learning News
media monitoring
Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
Analytics Exclusive Infographic
data=driven approach
Turning Dead Zones Into Data-Driven Opportunities In Retail Spaces
Big Data Exclusive Infographic
smarter manufacturing
Connecting the Factory Floor: Efficient Integration for Smarter Manufacturing
Infographic News

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

cloud based supply chain management
Cloud Computing

Cloud-Based Supply Chain Risk Management Is Key To A Company’s Future

7 Min Read

Top Financial Risks of Doing Business in the Cloud

5 Min Read
data scalability
AnalyticsBest PracticesBig DataData ManagementData QualityExclusiveRisk Management

Data Scalability Raises Considerable Risk Management Concerns

6 Min Read

The Softer Side of Risk Management Means Fewer Analytics

4 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?