By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    predictive analytics in dropshipping
    Predictive Analytics Helps New Dropshipping Businesses Thrive
    12 Min Read
    data-driven approach in healthcare
    The Importance of Data-Driven Approaches to Improving Healthcare in Rural Areas
    6 Min Read
    analytics for tax compliance
    Analytics Changes the Calculus of Business Tax Compliance
    8 Min Read
    big data analytics in gaming
    The Role of Big Data Analytics in Gaming
    10 Min Read
    analyst,women,looking,at,kpi,data,on,computer,screen
    Promising Benefits of Predictive Analytics in Asset Management
    11 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: Want More Actionable Information from Your BI? Support Your IT Team’s Need for Data Warehouse Automation
Share
Notification Show More
Latest News
ai software development
Key Strategies to Develop AI Software Cost-Effectively
Artificial Intelligence
ai in omnichannel marketing
AI is Driving Huge Changes in Omnichannel Marketing
Artificial Intelligence
ai for small business tax planning
Maximize Tax Deductions as a Business Owner with AI
Artificial Intelligence
ai in marketing with 3D rendering
Marketers Use AI to Take Advantage of 3D Rendering
Artificial Intelligence
How Big Data Is Transforming the Maritime Industry
How Big Data Is Transforming the Maritime Industry
Big Data
Aa
SmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Data Quality > Want More Actionable Information from Your BI? Support Your IT Team’s Need for Data Warehouse Automation
AnalyticsBig DataBusiness IntelligenceData ManagementData QualityData VisualizationData WarehousingDecision ManagementKnowledge ManagementPredictive AnalyticsRisk Management

Want More Actionable Information from Your BI? Support Your IT Team’s Need for Data Warehouse Automation

Keith Peterson
Last updated: 2015/08/06 at 11:43 AM
Keith Peterson
6 Min Read
SHARE

If your organization is relatively new to BI but has successfully built some new reports with one of the great visualization tools on the market, you will soon find yourselves in need of a better data organization environment.

If your organization is relatively new to BI but has successfully built some new reports with one of the great visualization tools on the market, you will soon find yourselves in need of a better data organization environment.

If you are successful with your initial dashboarding, there will likely be a rush for better reporting and analytics across the company.  And as needs expand, getting data from multiple sources, ensuring easy access to the right data for your analysis, and preserving your IT team’s sanity is all critical to further BI development.  

Unfortunately, most data visualization tools today lack the necessary data integration, security and maintenance features for good data administration.  In fact, these needs are filled by a specific niche of software called “data warehouse automation” tools (DWA for short).  DWA tools are very cost-effective ways to simplify the data gathering, integration and production process. With DWA, you get to build the views you really want in your data visualization tool and keep them up to date with accurate data.

More Read

ai software development

Key Strategies to Develop AI Software Cost-Effectively

AI is Driving Huge Changes in Omnichannel Marketing
Maximize Tax Deductions as a Business Owner with AI
Marketers Use AI to Take Advantage of 3D Rendering
How Big Data Is Transforming the Maritime Industry

DWA automation looks at common repetitive tasks, componentizes them, and then automates them. This allows your IT organization to focus on solving business problems rather than on the mundane technical tasks to produce a scalable, efficient, reliable reporting system.  DWA tools can provide time and cost savings of 60% to 80% – equal to about 2 full-time, fully-loaded senior technical headcount (about $325,000 per year in our hometown, San Diego, CA). 

And the benefits for your end-users are huge:

  1. More easily create new dashboards, reports and ad hoc analysis with new data
  2. Get access to all the data available across your organization
  3. Establish a single set of KPI’s/metrics to keep all teams in sync
  4. Have confidence that your data is right using built in Data Quality management tools

Here are a couple case examples highlighting the benefit of a good DWA solution.

Create a Customer Payment Risk Monitor.  By pulling together Accounts Receivable data from your ERP with client profile data from your CRM, you can create a new metric to predict which customers are likely to fail to make a payment.  If you knew this, your account management teams could react more quickly to ensure a positive outcome.  With a DWA capability, you have the benefit of automatically linking these two different data sources in a live manner to monitor payment risk whenever you like.

Improve Demand Forecasting with External Market Data.   Modern supply chains are complex.  Most companies can’t see what’s happening to their product movement beyond their Tier-1 customers (customers who you ship to directly).  However, most industries have syndicated data sources that can provide that visibility by aggregating transaction data from distributor invoices or retail POS systems. By combining shipment data from your ERP with these external data, you get a complete view of your product movement – which in turns improves your ability to forecast demand. DWA tools do the important job of mapping these data – which is not easy because they are likely to have different levels of completeness, units of measure, refresh rates, and data quality issues.

Understand the Impact of Inventory Decisions on Working Capital.  A third benefit of a DWA tool is that it can better enable “what if” and scenario-based analytics.  “What if I reduce my stock levels by 10% this month to free up working capital? How will it impact my risk of stock outs and customer satisfaction scores?”  A good DWA tool will allow you to setup a variety of different scenarios to evaluate the best possible outcomes.  It does that by allow you to write back the results to an analytical cube for visualization and analysis purposes – and to allow you to revisit your actions after the fact to see if you made good decisions.

While it can be easy to get with data visualization, most companies quickly come to the conclusion that they need better tools to gain easy access to the right data at the right moment.  DWA solutions fill this gap and are easy and simple enough to make your IT teams very happy.  

Keith Peterson August 6, 2015
Share this Article
Facebook Twitter Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

ai software development
Key Strategies to Develop AI Software Cost-Effectively
Artificial Intelligence
ai in omnichannel marketing
AI is Driving Huge Changes in Omnichannel Marketing
Artificial Intelligence
ai for small business tax planning
Maximize Tax Deductions as a Business Owner with AI
Artificial Intelligence
ai in marketing with 3D rendering
Marketers Use AI to Take Advantage of 3D Rendering
Artificial Intelligence

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

ai software development
Artificial Intelligence

Key Strategies to Develop AI Software Cost-Effectively

10 Min Read
ai in omnichannel marketing
Artificial Intelligence

AI is Driving Huge Changes in Omnichannel Marketing

12 Min Read
ai for small business tax planning
Artificial Intelligence

Maximize Tax Deductions as a Business Owner with AI

9 Min Read
ai in marketing with 3D rendering
Artificial Intelligence

Marketers Use AI to Take Advantage of 3D Rendering

7 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 is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence
data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?