A data warehouse (DWH) can be the answer here - even (and especially) for SMEs. Although many medium-sized companies still associate DWHs with large corporations and high investments, this idea is outdated. Modern, lean, and preconfigured solutions lower the barriers to entry and make the advantages of structured data storage and analysis accessible to smaller businesses as well.
What is a data warehouse?
A data warehouse is a central data platform that consolidates data from various sources, stores it, and prepares it for analysis. Unlike operational systems (e.g., ERP or CRM), which are optimized for daily business processes, a DWH is primarily used for analysis and reporting. It allows for historical data analysis, the creation of dashboards, and serves as the basis for data-driven decisions.
The data is stored in a structured form, organized in so-called data marts, and can be used at the touch of a button for reports, visualizations, or AI-supported evaluations.