{"id":2919,"date":"2021-07-23T17:09:50","date_gmt":"2021-07-23T11:39:50","guid":{"rendered":"https:\/\/www.fexle.com\/blogs\/?p=2919"},"modified":"2021-07-25T17:31:00","modified_gmt":"2021-07-25T12:01:00","slug":"what-is-a-cloud-based-data-warehouse-and-what-are-its-advantages","status":"publish","type":"post","link":"https:\/\/www.fexle.com\/blogs\/what-is-a-cloud-based-data-warehouse-and-what-are-its-advantages\/","title":{"rendered":"What is a Cloud-Based Data Warehouse, and What Are its Advantages?"},"content":{"rendered":"

Do you wonder how OTT giant Netflix understands your preference and showcases only the suggestion that you end up watching? The answer to this question lies in data analytics.<\/span><\/p>\n

The secret of the company to rise within a short span of time is its capability to use a large amount of data in a strategic manner. They collect the data of their users like their watching patterns, streaming history, their behaviour, etc., and suggest to their viewers the next movie or web series they should try.<\/span><\/p>\n

Now, a question arises, where does Netflix keep all the terabytes and petabytes of data?\u00a0<\/span><\/p>\n

And here comes Salesforce cloud-based data warehouse.<\/span><\/p>\n

\"salesforce<\/p>\n

What is Data Warehousing?<\/b><\/h3>\n

To understand cloud-based database warehousing, it is essential to first talk briefly about data warehousing in general. A warehouse is a place where one keeps its stock, and the place where businesses keep data is a data warehouse.<\/span><\/p>\n

It is a place where businesses put a large amount of information. A database stores the information, and a warehouse makes the information available to all authorized users to conduct in-depth analysis and prepare detailed reporting.<\/span><\/p>\n

Businesses use the stored data, process it, and use it in elevating its different operations such as sales, operations, marketing, production, demand, supply, etc.<\/span><\/p>\n

In a data warehouse, one can find hundreds and thousands of sources in a consolidated manner, and users can easily convert data into information. For scalability and security, companies are more inclined towards cloud-based data warehouses.<\/span><\/p>\n

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What is a Cloud-Based Data Warehouse?<\/b><\/h3>\n

Keeping a huge chunk of data, which generates every day, is a daunting task with an on-premise warehousing system. It is costly and requires lots of manual effort to maintain.\u00a0<\/span><\/p>\n

According to a report by\u00a0<\/span>Cloud Tweaks<\/span><\/a>, \u201cdata-related problems cost the majority of companies more than $5 million every year and cost 20% of companies more than $20 million annually.<\/span><\/p>\n

Another report by\u00a0<\/span>Lemonly<\/span><\/a>\u00a0reveals that businesses lose as much as 25% of the revenue in the absence of properly-used data.<\/span><\/p>\n

And to keep businesses operating up and running in a streamlined manner, comes cloud-based data warehousing. It helps businesses to strengthen their core functionalities such as sales, marketing, product development, support & services, and other tasks.<\/span><\/p>\n

The Cloud-based data warehouses are highly scalable and can handle a humongous amount of data without any technical jargon. Users can access data from anywhere and anytime.<\/span><\/p>\n

Seeing the importance of cloud-based data warehouses, many major companies have started investing a huge sum in its integration.<\/span><\/p>\n

As per a report by Salesforce 89% of businesses are investing a substantial amount in data and data analytics.<\/span><\/p>\n

Some of the most popular cloud-based data warehouses include names such as Amazon Redshift, Microsoft Azure, and Snowflake DB.<\/span><\/p>\n

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Top Benefits of Cloud Data Warehouse<\/b><\/h3>\n

Lower Costing<\/b><\/p>\n

One of the most important benefits of using a cloud data warehouse is the low cost associated with it. You must be using an on-premise data warehouse, but even you know that they require expensive hardware, time-consuming upgrades, and regular maintenance to keep business up and running. And with an increase in the amount of data, the on-premise data warehouse becomes costlier and costlier.\u00a0<\/span><\/p>\n

On the contrary, with cloud-based data warehouses, there is no such problem. Businesses can use and access a large amount of data without worrying about space and time. The presence of cloud data warehouses lessens the cost incurred on business intelligence.<\/span><\/p>\n

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Improved Speed & Performance<\/b><\/p>\n

In the present epoch, one of the challenging tasks that businesses have to handle every day is the management of data that drives from multiple sources. With cloud data warehouses, it becomes easy for users to keep up with growing data resources. Cloud-based data warehouses are fast and reliable, and they can handle multiple data streams with efficient velocity.<\/span><\/p>\n

The cloud data warehouse empowers businesses to make result-driven decisions. It also streamlines the process of integrating Salesforce CRM with ERP, social media, support & services, marketing cloud, and other platforms, all while maintaining speed and performance.<\/span><\/p>\n

There are multiple servers that tag along with cloud data warehouses, they help maintain data load and improve processing speeds.<\/span><\/p>\n