The development of an enterprise data storage system (or enterprise data warehouse) is the process of creating and maintaining a centralized database designed to store and manage a large volume of structured and unstructured data collected from various sources in an organization. The purpose of QCD is to provide a single source of truthful, timely and complete data for use in business analytics, decision-making and operational activities.
Date
November 2023 - February 2024
Project Type
Development of Corporate Data Warehouse
Services
Big Data Analysis, Сyber Security, Data Engineering, Back-end Development
DWH
Enterprise data storage syste
Corporate Data Warehouse
What is QCD used for?
The corporate data warehouse is used for various purposes, including:
Analytics and Reporting: Allows you to analyze data, identify trends, predict and make more informed decisions based on data
Decision making: Provides quick access to up-to-date data for strategic and operational decision-making
Business Intelligence: Allows you to create reports, dashboards and other tools for data visualization and monitoring of key performance indicators
Data integration: Provides centralized storage and management of data from various sources, which contributes to their integration and consistency
Risk and Compliance Management: Helps organizations comply with regulatory requirements for data processing and ensure the security and confidentiality of information
Working with a large amount of data provides a number of advantages, including:
More accurate analytical conclusions: Large amounts of data allow you to identify more accurate trends and patterns
Improved forecasting: Large amounts of data provide more reliable data to predict future events and trends.
Better decision making: Large amounts of data allow you to make more informed decisions based on evidence, not just based on intuition or assumptions
Detecting hidden opportunities and problems: Analyzing large amounts of data can reveal hidden opportunities to improve business processes or problems that need to be solved
Improved competitiveness: Effective use of big data can help an organization become more competitive in the market