Data Management in Businesses
What is the main purpose of a Data Warehouse in businesses?
a) To hold raw data until needed
b) To store specific data for a business line or team
c) To consolidate and optimize data for querying and analysis
d) To act as a storage repository for data
Answer:
c) To consolidate and optimize data for querying and analysis
Businesses utilize Data Warehouses to consolidate and optimize data for easy querying and analysis. A Data Warehouse is specifically designed to store and manage large volumes of structured data from multiple sources within an organization.
By centralizing data in a Data Warehouse, businesses can perform complex queries and analysis to gain insights that can drive decision-making and strategic planning.