{"id":5130,"date":"2012-08-14T10:00:10","date_gmt":"2012-08-14T10:00:10","guid":{"rendered":"http:\/\/www.etlsolutions.com\/?p=5130"},"modified":"2021-04-29T11:57:41","modified_gmt":"2021-04-29T10:57:41","slug":"an-introduction-to-the-benefits-of-data-consolidation","status":"publish","type":"post","link":"https:\/\/etlsolutions.com\/an-introduction-to-the-benefits-of-data-consolidation\/","title":{"rendered":"An introduction to the benefits of data consolidation"},"content":{"rendered":"

Running an efficient and profitable business relies on having a 360-degree view of the different parts of the organisation.\u00a0 Having that complete picture enables you to make decisions that are effective, timely and profitable.<\/p>\n

The challenge<\/h3>\n

In the current economy, businesses are seeking ways to become more competitive, more efficient, and more able to anticipate and meet client needs.\u00a0 Businesses with a holistic view of their departments, suppliers and customers, and how those different areas interact with each other, are in a stronger position to make more successful decisions.<\/p>\n

All aspects of the business produce and require information.\u00a0 The ability to provide the best service or product depends on the flow, control and visibility of this information.\u00a0 Problems tend to occur when parts of the business use different software applications or methods of storing information.\u00a0 This can make the process of accessing and analysing data extremely difficult and costly.\u00a0 Often there are duplications of effort across different databases, costs incurred by multiple software licenses, and data protection issues.<\/p>\n

\"Data-migration-eGuide\"<\/a><\/p>\n

The solution<\/h3>\n

Data consolidation is the process of putting all an organisation\u2019s data in one integrated place.\u00a0 The process requires software or consultancy to extract the information from multiple formats and locations.\u00a0 The benefits to your business include:<\/p>\n