The new frontier for BI software appears to be in the cloud. The software-as-a-service (SaaS) aspect of cloud computing is rapidly creating a new wave of Business Intelligence software benefits and challenges.

BI software on a SaaS basis has the ability to provide BI capabilities to a large number of staff rapidly at a low cost.

Howard Dresner, principal of Dresner Advisory Services and the man who coined the phrase Business Intelligence, said that “with a SaaS approach to BI, businesses can deploy a basic BI application in a day, compared with six or more months required to develop and deploy on-premise solutions. Still, implementing either a cloud-based point solution or an entire suite with on-premise legacy systems is not a trivial affair”.

Regardless, with huge demand, many new BI software cloud vendors have launched in the past five years. Dozens of start-ups have attracted venture capital along with paying customers. They run the gamut from providing full BI suites to point solutions for customer analytics, performance management, workforce analysis and other tasks. And more are expected to launch this year. The established, legacy BI software players aren’t sitting on their haunches either. They’re also moving to offer hosted versions of their apps.

Claritum has recently partnered with MicroStrategy software to provide support for improved decision-making through realtime business intelligence,
Under this agreement, Claritum’s users can seamlessly use the Best of Breed Business Intelligence platform including intuitive management reporting, interactive performance dashboards and powerful analytics.

This entry was posted on Friday, April 16th, 2010 at 11:56 am and is filed under Claritum News, Corporate News, News, Product News, SaaS News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.