Data Warehouses and Data Mining

Applications of Data Warehouses

A data warehouse helps business executives to organize, analyze and use their data for decision making. Data warehouses are widely used in the following fields:

1. Financial services: They are the economic services provides by the finance industry which encompasses a broad range of businesses that manage money and some government sponsored enterprises.
2. Banking services: We combine global capabilities with deep local knowledge to provide innovative products and services to meet the needs of our customers and clients.
3. Consumer goods: Consumer goods are goods that are ultimately consumed rather than used in the production of another good. For example, a microwave oven or a bicycle which is sold to a consumer is a final good or consumer good, whereas the components which are sold to be used in those goods are called intermediate goods.
4. Retail sectors: Retail is the process of selling consumer goods and/or services to customers through multiple channels of distribution to earn a profit.
5. Controlled manufacturing: Quality Controlled Manufacturing Inc. specializes in the precision machining of complex components and assemblies in all metals, including exotic alloys using Six Sigma methodology and lean manufacturing principles.