Data Warehousing Becoming Top Priority
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PC Week has reported that companies are spending an average of $1.6 million on data warehousing projects in 1998, according to the initial results of a new data warehousing study by Cutter Consortium, of Arlington, Mass. But data warehousing spending is expected to increase by 46 percent to $2.34 million next year, the study of 100 companies found.

The findings indicate that even with the year 2000 problem sucking away project funding and IT resources, companies still consider data warehousing a strategic application that they can't do without, says Curt Hall, the study's author and a senior consultant with Cutter's Distributed Computing Architecture Service.

Other findings: 45 percent of respondent companies say they are now using OLAP (online analytical processing) applications to support their end users' analysis needs, 18 percent of respondents say they plan to deploy OLAP applications within 12 months, and 4 percent say they will after one year.