Sure it does, but you have to feed it somehow and maintain it so that the data there is of good quality and makes business sense. Afaik, clickhouse is not great for multitable joins required by good data warehousing practices like star and snowflake schema.
Re:Lesser known features of ClickHouse
by gauravphoenix on Tuesday May 31, 2022 @06:15PM
(#31575590)
CH is actually very good if you can model the dimensional data as dictionary. Also CH can use external store like PSQL as dictionary. But yes, if your fact table data size is as big as dimensional data, CH or any other such system will be quite slow.
I am a proponent of modern data stack but it’s always at the back of my mind that an OLAP database on a big box negates the need for a lot of it.