A weak strategic plan for an enterprise data warehouse (EDW) environment can result in untold millions being wasted in rework. That does not even include lost opportunity to increase bottom-line dollars to an organization via incisive analytics and reporting. While frightening, the good news is that projects can be planned and implemented in a judicious manner that will deliver results with speed and certainty. The typical EDW initiative is driven by the business need for organizations to compete at a global level. This requires data standardization, data conformance and data sharing. An EDW sets the foundation for sharing data across the enterprise in a controlled and managed environment.
Most Fortune 1000 organizations share the following key corporate strategies and goals:
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