Today, telecommunications and banking industries continue to lead in data warehouse spending. As much as 15% of technology budgets in these industries is spent on data warehousing. Companies in these industries collect large volumes of transaction data. Data warehousing is able to transform such large volumes of data into strategic information useful for decision making.
At present, data warehouses exist in every conceivable industry. Figure 3-1 lists the industries in the order of the average salaries paid to data warehousing professionals. The utility industry leads the list with the highest average salary.
In the early stages of data warehousing, it was, for the most part, used exclusively by global corporations. lt was expensive to build a data warehouse and the tools were not quite adequate. Only large companies had the resources to spend on the new paradigm. Now we arc beginning to sec a strong presence of data warehousing in medium-sized and smaller companies, which are now able to afford the cost of building data warehouses or buying turnkey data marts. Take a look at the database management systems (DBMSs) you have been using in die past. You will find that the database vendors have now added femme:: to assist you in building data warehouses using these DBMSs. Packaged solutions have also become less expensive and operating systems robust enough to support data warehousing functions.
At present, data warehouses exist in every conceivable industry. Figure 3-1 lists the industries in the order of the average salaries paid to data warehousing professionals. The utility industry leads the list with the highest average salary.
In the early stages of data warehousing, it was, for the most part, used exclusively by global corporations. lt was expensive to build a data warehouse and the tools were not quite adequate. Only large companies had the resources to spend on the new paradigm. Now we arc beginning to sec a strong presence of data warehousing in medium-sized and smaller companies, which are now able to afford the cost of building data warehouses or buying turnkey data marts. Take a look at the database management systems (DBMSs) you have been using in die past. You will find that the database vendors have now added femme:: to assist you in building data warehouses using these DBMSs. Packaged solutions have also become less expensive and operating systems robust enough to support data warehousing functions.
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