While the word “data” has been common since the 1940s, managing data’s growth, current use, and regulation is a relatively new frontier. Governments and enterprises are working hard today to figure out the structures and regulations needed around data collection and use. According to Gartner, by 2023 65% of the world’s population will have their personal data covered under modern privacy regulations.
The Extract, Transform, and Load process (ETL for short) is a set of procedures in the data pipeline. It collects raw data from its sources (extracts), cleans and aggregates data (transforms) and saves the data to a database or data warehouse (loads), where it is ready to be analyzed. A well-engineered ETL process provides true business value and benefits such as: Novel business insights. The entire ETL process brings structure to your company’s information.