Have you stopped to consider how much your business spends every year on data storage and warehousing? If not, you might be surprised by how much this process actually costs, both in terms of capital expenses and operational costs. We’d go so far as to say that you’re spending more than you need to.
The late American author Kurt Vonnegut once wrote, “New knowledge is the most valuable commodity on earth. The more truth we have to work with, the richer we become.” Written in the 20th century, it has been put in practice by 21st century businesses. As the Internet has grown, the amount of companies expanded, and the amount of data that those companies collect has grown exponentially, especially now that there is a market for such data.
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