02-04-2010, 03:42 PM
ABSTRACT
Data warehousing is the process where organizations extract value from their informational assets though the use of special stores called data warehouses. In general data warehouse is defined to be subject-oriented, integrated, time-variant, and non-volatile. Using both internal and external systems sources of data, a data warehouse is created.
Data mining, the extraction of hidden predictive information from large databases, is a powerful new technology with great potential to help companies focus on the most important information in their data warehouses.
Data Warehouses are increasingly used by enterprises to increase efficiency and competitiveness. Using Scorecarding, Data Mining and on-line analytical processing (OLAP) analysis, business value can be extracted from Data Warehouses.Generating positive return-on-investments (ROI) from Data Warehouses requires a blend of business intuitiveness and technical skills.
This paper presents these strategies and technologies that will enhance the ROI of Data Warehousing.