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Data Centric Applications
ETL (Extract Transform and Load)
Today, more than ever before, businesses need to make sound strategic decisions that are driven from complete, accurate and integrated data. This approach to processing data allows for one version of the data "truth" through centralization.
Data integration is the process of blending or aggregating data items from various distinct sources and creating a larger, more comprehensive body of knowledge. We offer leading skills in Extract Transform and Load (ETL). This refers to the process of extracting data from source systems, transforming the data so it will integrate properly with data in other source systems, and then loading it into a data warehouse.
More importantly from a business decision making perspective, integration provides a uniform interface to access all of the data. The access to the integrated data is usually read-only, in the form of querying rather than operational where updating the data is allowed.
Data warehouse & Data-hubs:
- Use a subject oriented dimensional data model;
- Contain publishable data from potentially multiple sources and;
- Contain integrated reporting tools.
Data warehouses are unidirectional as they only consume data from sources and are the target of an ETL application.
Data-hubs, in contrast, are bi-directional and provide updates to sources in addition to acting as staging solutions for downstream data targets. Data hubs can also accept updates from upstream sources when required.
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For Bell Canada, a large-scale initiative to automate the SR&ED (Scientific Research, Experimentation and Development) claim would only deliver ROI if it amounted to tens of millions of dollars’ additional reduction in tax payable in the first year. Knowing that our success would be measured on real dollar benefits, our teams knew they had to focus more on a solution that intelligently mined project data for tax credit opportunities and made sure they were correctly classified and exposed to maximize Bell’s SR&ED claim. In our first year of production, the SR&ED claims automation system, built exclusively by Thoughtcorp working side-by-side with the CRA and Bell Canada, delivered Millions of dollars in tax reductions.