Conceptual Framework of Data Warehousing: Improving Business Efficiency and Profitability through Data Warehousing

Abstract

One recent advance indatabase management is data warehousing. Data Warehouses are an important assetfor organizations to maintain efficiency, profitability and competitiveadvantages. The basic premise of data warehouse is “to create a clearinghousein which to gather and organize critical business data. It is a store ofintegrated data obtained from various internal and external sources, whichrepresents events or facts as of a given point in time. The data collected havedegrees of value and business relevance. As data is collected, it is passedthrough a 'conveyor belt', call the Data Life Cycle Management.