Business intelligence in the Cloud is inevitable. In fact, it’s already happening. Although Cloud BI hasn’t slowed the growth of on-premises BI software, an increasing number of organizations are using Cloud-based BI services and many more are waiting until the time is right.
The biggest challenge with running BI in the Cloud involves packaging custom BI development into a cost-effective, online service. By its nature, BI involves creating custom applications that integrate data from unique combinations of data sources. Most organizations are not getting served with BI, reporting and dashboarding functionality which is more than adequate to serve their data cravings. But there are concerns, one of the greatest obstacles to Cloud BI today is security, truth be told, information is really more secure in the Cloud than in numerous corporate server farms. The main problem isn’t security, it’s “control.” Executives today just feel more secure if their information is housed in a corporate server farm. To be fair, some companies, especially those in financial services, must comply with regulations that currently require them to keep data on premise.
The Cloud offers numerous benefits for organizations that want to run reports and dashboards. There is no hardware and software to buy, install, tune, and upgrade. Consequently, there are no IT people to hire, pay, and manage. Applications upgrade automagically and can be scaled seamlessly. Customers pay a monthly subscription based on usage rather than an upfront licensing fee. Essentially, the Cloud speeds delivery and drives down costs. What’s not to like?
One of the greatest obstacles to Cloud BI today is security, truth be told, information is really more secure in the Cloud than in numerous corporate server farms. The main problem isn’t security, it’s “control.” Executives today just feel more secure if their information is housed in a corporate server farm.
In fact it’s been around for awhile now and this article aims to show why it is being seriously considered as a stronger option when looking for bigger and better analytics. The cloud is becoming a more cost-effective delivery model for BI vendors to offer their software.” A report goes on to say with cloud BI “Business IT users across the organisation can go online and start analysing their data within minutes rather than weeks.”
Our Approach & Solution The future of IT platforms rests in the cloud. Look for opportunities to capture and analyse more of your data. Both are crucial to your business competitiveness.” Cloud Business Intelligence and analytics consolidates both these into your business and enables you to can an upper hand with analytics. With Cloud BI, clients can get to information anyplace whenever. Whether it’s at a business meeting, double checking figures in a board meeting or at 2am in the morning when you have that inkling question. A Computer Weekly report which takes research from Forrester touches on this. “Business users’ complain about their ability to access the data they need to support a decision when they need it.” With Cloud BI this is no more.