Need an App Development Quote? Submit your requirement in few steps and get estimation in just 12 Hours

Click Here!

Did you know that cloud spending is expected to go beyond 800 billion U.S. dollars by 2025? When observed, the data storage market was valued at close to 60 billion US dollars alone in 2024. The data center market became worth 416 billion US dollars. 

Furthermore, in the first quarter of 2024, the DRAM market generated 18.4 billion U.S. dollars in revenue, while the NAND flash market saw revenue surpassing 14.7 billion U.S. dollars in the same quarter. (Source: Statista)

Businesses contain and generate diverse and unprecedented volumes of data. This data needs to be accumulated and stored in an organized way for continuous scalability. A warehouse is meant to store these data while managing and organizing data, fetched from different sources.

With time and technological advancement, traditional storage methods are being challenged. New and improved solutions are redefining the way organizations store and access critical information. Also, the demand for more scalable and secure solutions influences better and more efficient storage requirements. 

Here is where the need for enterprise-grade data warehouse software development comes in. Before understanding what an enterprise data warehouse software does, let us differentiate between a data warehouse and a warehouse at an industrial level.

Differentiating Between Data Warehouse and Enterprise Data Warehouse

Enterprise data warehouse is a large and central repository of a corporation that secures and governs data obtained from all different sources. The architecture of the enterprise data warehouse is complex, with small data sets for seamless querying. However, it stores data in a structured format (ERP data, receipts, CRM data, etc) which helps in organizing and optimizing business information efficiently. 

On the other hand, DW is a storage house for explicate and abundant data flowing from raw data sources. This profusion of data, which is in continuous motion, is used for reporting and analysis unambiguously.

Since an enterprise-grade data warehousing platform is a salient fraction of any organization, you must learn what holds within it.

Building Blocks of An Enterprise Data Warehouse Software Development

Building Blocks of An Enterprise Data Warehouse Software Development

Data Sourcing: This is the initial stage where data from discrete sources are acquired and stored.

Staging: Before storing the data in the warehouse the software pulls data through two approaches. First, the ETL (exact, transform, load) tool connects to the source data to perform the extraction. Then the ELT (extract, load, transform) tool transforms the data to load into the centralized storage system. Further, the data is cleansed and converted into a unified format to fit into a data model.

Meta Module: Enterprise data warehouse software also contains a module to manage meta. The metadata manager asses the module to ensure that the data instructions are clear and accurate. 

Data Marts: Large companies contain immense data and to validate and manage them an extra subsection becomes important. Software maintenance and support services providers usually have Data marts in their enterprise data warehouse software to manage data to handle business functions, subject areas, or groups of users. 

Presenting: This is the final stage where the user can access clean and classified data. The software dashboard allows data visualization, reporting, and analysis of data.

Now the question comes, does your organization need enterprise-level data warehousing? If you are unclear whether you need one, consider the benefits you can obtain from enterprise data warehouse software.

Enterprise Data Warehouse software cta1

Also read: Adaptive Software development – A Detailed Guide

Enterprise Data Warehouse Benefits

Enterprise data warehouse software is an essential resource for your organization as it showcases the entire business view. It can administer multiple databases at the same time manage huge data sets. With Enterprise data warehouse software , your team can take care of other critical tasks, necessary for business scalability. Other benefits of integrating enterprise-grade data warehousing software are:

1. Seamless & prompt data accessibility:

Take an example of an eCommerce organization who have integrated an enterprise data warehouse software to organize and manage its products. The dashboard tells the management the different categories of products, the number of units sold, or remained. The management also knows the history of a product or a category that is most sold or less sold. This advantage helps in making an efficient and scalable decision for business. 

2. Enterprise system integration:

Provides quick and right data extracted from various sources while saving major time in managing or segregating large volumes of data. 

3. Consistent and systematized data:

One of the biggest attributes this software offers any business is homogenized and uniform data sets. This standardized data is extremely valuable and helpful in making any important decisions. Since every enterprise data warehouse stores and manages data differently, it can be customized to save a lot of time. This systematic and uniform data can serve multiple purposes, such as reporting, marketing, planning, and more.

4. Stronger & confident team:

As mentioned earlier, the enterprise data warehouse provides systematic, accurate, and classified data that the marketing, finance, and HR teams can leverage for advertising, presentations, and resource planning. The best part about Enterprise Data Warehouse Software is it offers data insights simplest, and easiest to implement for non-technical professionals.   

5. Continuous Improvements:

The continuous real-time data helps an organization plan its next move towards ensured success. Management can always modify their best practices, as per the current data, while implementing new tools and technology to scale. Enterprise data warehouse software also helps organizations stay updated and on top of their continuous improvements and innovations. 

6. Optimized Expenses:

Certainly, when you have improved and uniform data effortlessly, why would you hire an entire team to manage and aggregate large data volumes? Accurate and real-time data helps companies optimize their products and services operations flow. 

7. Effective Collaboration:

When the data is accurate and correct, the chances of conflict are also less. Companies that offer software development consulting services rely on accurate data to attract customers. Enterprise data warehouse software can help marketing, sales as well as HR departments to gain new traction and the right talent for their company. The data obtained can help collaborate marketing and sales teams to optimize customer journeys for assured conversion. 

8. Disaster Recovery:

Yes, this is a complimentary feature in a robust and enterprise-grade data warehouse. The enterprise data warehouse software automatically creates duplicate data to serve as a backup, helping retain data lost due to malicious activity or other system issues. Regardless of updated data, you also never lose your data whenever you need it for planning and scalability. 

Now that you are fully aware of the use and benefits of enterprise data warehouse software , we must move further in understanding which type of enterprise data warehouse software will fit best for your business. You can develop multiple enterprise data warehouse systems based on the business type and requirements. 

Different Types of Enterprise Data Warehouse Software Development

Type of Enterprise Data WarehouseProsCons
On-Premise Data Warehouse– High level of control over data and hardware.- No dependency on internet connectivity.- Customizable to specific enterprise needs.– High initial setup and maintenance costs.- Requires a dedicated IT team.- Limited scalability.
Cloud Data Warehouse– Highly scalable and flexible.- Lower upfront costs.- Accessible from anywhere.- Faster deployment.– Dependency on internet connectivity.- Potential security concerns.- Ongoing subscription costs.
Hybrid Data Warehouse– Combines the benefits of on-premise and cloud.- Offers flexibility in data placement.- Cost-effective for balancing workloads.– Can be complex to manage.- Integration challenges between systems.- Requires expertise in both environments.
Federated Data Warehouse– Integrates data from multiple sources without moving it.- Cost-effective as no duplication of data.- Provides a unified view of data.– Performance can be slower due to data being distributed.- Difficult to ensure data consistency.- Limited support for complex queries.
Data Lake Warehouse– Handles structured, semi-structured, and unstructured data.- Suitable for big data and advanced analytics.- Scalable and cost-efficient for large datasets.– Requires advanced data governance.- Can become a “data swamp” without proper management.- Complex querying compared to traditional warehouses.
Operational Data Store (ODS)– Real-time data updates.- Ideal for operational reporting and analytics.- Complements enterprise data warehouses for specific tasks.– Limited historical data.- Not designed for long-term analytics.- Requires integration with a main data warehouse for comprehensive insights.

Moving on to the features that need to be integrated into an enterprise data warehouse software. 

Also read: 55+ Software Development Ideas to Consider

Feature To Integrate When Developing Enterprise Data Warehouse Software

Feature To Integrate When Developing Enterprise Data Warehouse Software

The guide will give you perfect ROI when you mix these essential and innovative features in your Enterprise Data Warehouse Software. 

1. Integrated Data Consolidation 

An indispensable feature in an enterprise data warehouse software must be data integration. In order to process the data, the software must source the data from CRMs, ERPs, IoT devices, and external APIs. The data warehouse is considered the only true source of data that further helps in processing them accurately. This eliminates the inefficiencies and encourages collaboration.

2. Real-Time Data Handling

When you have real-time data, you can always modify your practices and methods to stay in competition. Leveraging real-time processed data benefits converting visitors into real customers, and optimizing their journeys. Any industry can have an enterprise data warehouse software integrated with this feature to detect opportunities and address any risk to have seamless operations and maintain a competitive edge. 

3. Enhanced Analytics and Reporting Capabilities

The accurate and real-time processed data can help marketing teams to use this data to market. The Enterprise Data Warehouse Software can also be integrated with predictive and advanced analytical features. This AI-powered feature encourages effective decision-making and reporting. The filtered data delivers actionable insights that can be customized as per specific department needs to fulfill wide efficiency. 

4. Flexible Infrastructure

Enterprise data warehouse software is known to have a flexible and easy-to-customize architecture. This means you would not have to disburse much on data expansion. Additionally, enterprise data warehouse systems can fuse with new tools, technologies, and users so that you never have a short-lived solution and develop a new one again. 

5. Forecasting Insights

Another unavoidable feature is the predictive analysis. This must-have feature helps any organization prepare for future instances and secure themselves. Risks & errors are a part of business but they should not interrupt it from scaling. This feature can help in mitigating risks and errors and ensure scalability while delivering measurable outcomes.

6. Tools for Ensuring Security and Regulatory Compliance

Security for any business is always immutable. Protecting confidential data from hackers and malware is important for any business to keep going. So is complying with regulatory rules. Regulatory measures control access and ensure reliability. When developing an enterprise data warehouse, you can integrate features like compliance regulations and security tools to safeguard data.

7. Data Standardization and Cleanup Processes

A well-established business receives a large volume of raw data, This data obtained from different sources are difficult to manage and arrange. Data standardization and clean-up process is one of the efficient and requisite features that can handle the data obtained from systems, like CRM, ERP, & etc. If you are in doubt about whether you should integrate this feature, you can consult application modernization services providers to guide you well. 

8. Compatibility with Multi-Cloud and Hybrid Environments

Modern and advanced system is not just defined by the technologies integrated with them, it is also the flexibility and ease of connectivity it offers. If your enterprise data warehouse software is easily compatible with other modern tools, you will always scale your business ensuring cost optimization. Compatible and flexible business systems ensure a scalable future and stay competitive.

9. Optimization and Monitoring of System Performance

An advanced enterprise-grade data warehouse software is meant to collaborate with teams to ensure everyone stays on the same page. The streamlined and systematized data obtained from enterprise data warehouse software helps teams make the right decisions and use data for planning and reporting. In-built monitoring tools help in better prediction for long-term success while preventing potential errors and issues.

10. Automated Tracking of Data Lineage

A feature that offers complete transparency of data, from discovery to delivery. Integrating this feature into your enterprise data warehouse software helps you understand how the system obtains data and processes or changes it throughout the entire process. This is an outstanding feature when companies have to do audits.

These are a few features that can be integrated into your enterprise data warehouse software . However, you can also look for new tools and technologies, such as AI and machine learning for advanced and better data readability and uniformity. 

Enterprise Data Warehouse Software Development Cost

The cost is a subjective point as it varies from company to company and the features you want to integrate into the software. Yet, to give a rough idea, here it is:

Simple Solution: A basic enterprise-grade data warehouse software development cost with general features like data sourcing, management, and rule-based analytics may cost between $50,000-$200,000.

Moderate/Medium Level Solution: For software with a little higher complexity or with added features such as advanced management, real-time analytics, security & compliance, predictive analysis, & more may cost around $250,000-$400,000.

Advanced Solution: For high-level complex data management solutions with advanced features like AI and ML-powered data modeling/classification, reporting, big data analytics, data lineage, etc may cost around $450,000-$1,000,000.

enterprise data warehouse software cta2

Final Words

Developing an enterprise data warehouse software has its advantages as it is easy to customize and can be built as per the needs of the organization. Whether big or small, all types of companies can benefit from enterprise data warehouse software and scale their business ensuring long-term success. Below there are a few frequently asked questions that you might want to check out for any queries or doubts.

Frequently Asked Questions

How can we elevate enterprise data warehouse software?

To elevate your enterprise data warehouse software you can integrate modern and advanced technologies, like:

  • IoT – To collect real-time data and process them.
  • AI & ML – To facilitate predictive analytics, malware detection, etc.
  • RPA – To automate duplicate data management tasks.

Define Steps to Develop Data Warehouse Software

These are quick and easy steps that can help you develop a robust, scalable, and future-proof enterprise data warehouse software .

  • Assess and Define Business Goals
  • Partner with An Experienced and Professional Software Development Company
  • Ensure That You Have the Right Architecture With UI/UX
  • Developing An MVP
  • Consider Scrum/Agile Methodology
  • Consider software testing services Vital
  • Launch And Monitor For Necessary Adjustments 

Can you Migrate the Old Data Warehouse Into the New One?

Yes, since enterprise data warehouse is a flexible and easily customizable system, data is easy to migrate from the old system to the new one. The best part is that the migration process is absolutely smooth with minimal downtime. 

Is there any maintenance cost post-launch?

Yes, the post-launch services are different from the entire software development cost. Costs vary depending upon the requirements like updates and support for a specific duration (6 months or 1 Year or 2). Most development companies, including Octal, offer tailored packages depending on the need.

How much time does it take to develop an Enterprise Data Warehouse Software ?

The time depends on the complexity of the project. The advance and complex software the more time it takes to develop. However, the expected timeline for developing an enterprise-grade data warehouse software may take between 6 months to 1 year.

THE AUTHOR
Managing Director
WebisteFacebookInstagramLinkedinyoutube

Arun G Goyal is a tech enthusiast and experienced writer. He's known for his insightful blog posts, where he shares his expertise gained from years in the tech industry. Arun shares his knowledge and insights through engaging blog posts, making him a respected figure in the field.

Previous Post Next Post

Octal In The News

Octal IT Solution Has Been Featured By Reputed Publishers Globally

Let’s Build Something Great Together!

Connect with us and discover new possibilities.

    Gain More With Your Field Service

    We’re always keeping our finger on the pulse of the industry. Browse our resources and learn more.

    Let's schedule a call
    Mobile App Development Mobile App Development
    error: Content is protected !!