Implementing a data warehouse can seem like a daunting task, particularly when running a scaling business. Often, businesses will leave this step out in the early days, only considering data for analytics and BI later down the line.
It’s understandable. When you set up a business, the number of systems to implement can be overwhelming…
When you first set up a business there are multiple tools and systems to implement in order to operate.
Need to accept and make payments? You’ll need a finance system. Want a website? You better choose a content management system. Want to keep all of your customer data in one place? Start looking for a CRM tool. Need to manage the life cycle of your product? You’ll need to set up an ERP!
The list goes on. As you grow, you adopt more tools. With so many systems, comes a lot of data. However, data is specific to each system, resulting in silos. Accessing this data and reporting from complex systems can be difficult and time consuming.
What’s more, to work out key business metrics, you need to combine the data that lives in the various systems. Perhaps you want to access all of your customer data. In order to do so, you’ll need to extract data that lives in the CRM and finance system. Manually reconciling data to work out key metrics is a laborious process.
Business critical software can’t operate in silos. A data warehouse enables you to bring all of your data together in one place, creating your single source of truth. With all of your data easily accessible and usable, analysis and reporting becomes easy.
A modern data analytics stack is vital for businesses, no matter your size. At kleene, we want to help scale ups build a single source of truth with our all-in-one ELT tool. We’ll even build your warehouse for you, with our professional services offering.
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