Data warehouses are typically used for reporting and data analysis. They are central vaults for large amounts of data, created by gathering data from several other sources.
Data warehouses store both past and present data which is later used for reporting and forecasting purposes. The conventional process for using this data is ETL; extract, transform, load.
When it comes to the subject of data warehousing, ETL processes generally involve:
In the past, it was standard procedure to implement a BI project using ETL and a data warehouse.
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InetSoft's full business intelligence suite, StyleBI, exists as a low-cost alternative to ETL and data warehouses.
InetSoft aims to provide the most agile alternative on the market.
StyleBI achieves true business agility by following three tenets of BI philosophy:
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StyleBI is designed around the fact that not everyone in an organization has a computer science degree.
Traditionally, most business users have had to rely on IT to access key decision making-information. This process not only creates costly delays in decision-making, but also put unnecessary strain on the IT department.
StyleBI offers a business environment in which business users no longer need to rely on IT, but instead can access and manipulate data on their own.
Setting up an ETL process is cumbersome and time consuming. InetSoft's solution reduces the resources and overhead cost of establishing an ETL process by allowing users to experiment with new data on the spot.
InetSoft eliminates initial data warehouse creation efforts through data mashup. This solution allows users to rapidly add new sources from disparate data locations and analyze data side-by-side through both dashboards and reports.
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Acquiring and maintaining a data warehouse involves several costs, both upfront and ongoing. It's important to consider these expenses when planning for the implementation of a data warehouse. Keep in mind that the specific costs can vary widely depending on factors like the size of the organization, the complexity of the data infrastructure, and the chosen technology stack. Here's a comprehensive breakdown of the costs associated with a data warehouse:
Hardware and Software Costs:
Data Integration and ETL (Extract, Transform, Load):
Implementation and Development:
Training and Education:
Data Quality and Governance:
Security and Compliance:
Scaling and Upgrades:
Monitoring and Maintenance:
Licensing and Subscription Fees:
Opportunity Costs:
Customization and Additional Features:
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Data Lakes:
Real-time Data Processing Platforms:
In-memory Databases:
NoSQL Databases:
BI Platform with a Data Mashup Engine:
Data Virtualization:
Cloud-based Analytics Services:
Federated Data Warehouse:
Data Fabric:
A Business Intelligence (BI) platform with a Data Mashup Engine is a software solution that combines the capabilities of BI tools with advanced data integration and transformation features. It allows users to blend, merge, and transform data from various sources for the purpose of analysis and reporting. Here's a detailed breakdown of the key components:
Business Intelligence Platform:
Data Mashup Engine:
Key Features of a Data Mashup Engine:
Data Integration:
Data Transformation:
Data Blending:
Data Enrichment:
Data Quality and Governance:
Data Cataloging and Metadata Management:
Data Versioning and Lineage Tracking:
Data Connectivity:
Benefits of a BI Platform with Data Mashup Engine:
Agility and Flexibility:
Comprehensive Analysis:
Reduced Data Silos:
Improved Data Quality:
Empowered Business Users:
Faster Decision-Making:
Examples of BI platforms with robust Data Mashup Engines include tools like InetSoft, Tableau, Microsoft Power BI, QlikView, and Alteryx. These platforms empower users to extract, transform, and integrate data from diverse sources, resulting in more meaningful and actionable insights.
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