Mounting evidence suggests that in 2010, the hottest segment in BI (business intelligence) software will revolve around offerings delivered from the cloud, thanks to increased product sophistication, strained IT budgets and other factors.
A new IDC report finds the SaaS BI market will experience triple the growth of the market overall, soaring at a compound annual growth rate of 22.4 percent through 2013, although actual revenue totals will remain small compared to on-premise BI applications.
There are plenty of good reasons to adopt SaaS (software as a service) BI, according to a new report from Forrester Research.
It can get BI tools to typically under-served users, such as front-office workers, a lot faster, analyst Boris Evelson wrote. “The model may also become more attractive as enterprises turn to on-demand software for other needs, such as CRM (customer relationship management).
“The more applications (and therefore BI data sources) are moved into the cloud, the fewer reasons there may be to build and operate BI applications in-house,”
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.