These days, everyone’s talking about business agility. Wikipedia defines it as the ability of a business to adapt rapidly and cost-efficiently in response to changes in the business environment. Leading organizations realize that in a volatile business environment, the capacity to be agile determines whether the company will be able to survive and thrive in the market. Cloud computing has become a major driver of business agility, enabling IT resources to be scaled up or down in an automated way at a moment’s notice in response to internal or external requirements and to save money when resources aren’t in demand. Business intelligence is also a driver of business agility, giving decision-makers massive insight into company data and the ability to quickly make predictions and decisions that influence performance.
The combination of these technologies in the form of cloud BI is becoming quite popular. A survey from TechTarget in 2013 revealed that one-third of companies have cloud components in their BI program. The companies adopting cloud BI are driven by 4 things: reduced cost, flexibility, speed of implementation, and reduced maintenance of hardware/software. Let’s examine these drivers in more detail:
1. Reduced Cost
While many hosted BI solutions offer cloud BI licensing as an option, many cloud BI solutions are SaaS (software as a service) solutions – applications that are hosted outside of your company and accessed by users via the internet…
Cloud BI vs. SaaS
Continuing with our series on frequently asked questions by small and medium-sized businesses about business intelligence, today I’ll address cloud BI and SaaS BI. They’re not actually the same thing, though some of their characteristics overlap.
3) Should we choose an on-premise BI solution or one hosted in the cloud?
This can be an important distinction when choosing your shortlist of vendors; however more and more are offering both on-premise and cloud deployment models, including arcplan. If you’re unsure, shortlisting vendors that offer both is a good plan. That way, you can choose the deployment model after deciding that the product’s features match your needs.
Choosing whether or not to deploy BI in the cloud brings up some special considerations – how concerned about data security you are, where your data will be stored, and whether you have the resources in-house to manage the hardware necessary for your BI deployment.
If data security is a major concern, there are ways to store your corporate data securely behind a firewall and broadcast queries to your cloud BI system. As we often say at arcplan, you don’t necessarily have to move your data to the cloud in order for your BI to be there. That may seem confusing, so let me clarify…
In this webinar, we discuss:
- The challenges of cloud-based BI
- Cloud economics
- Services-oriented architecture (SOA) as a way to securely implement enterprise-scale cloud BI
- Cloud BI success stories, including Xambrosius, GPX Software’s small business planning solution built with arcplan technology
- And much more
Thanks to everyone who attended, and for those who didn’t, leave us a comment if you’d like to discuss anything you see in the recording.
Edit 6/21/12: Click here to access this webinar recording.
Whether you’re looking to capitalize on next-generation BI capabilities with a cost-effective entry point, you’re a decision maker who wants a glimpse at what cloud BI really entails, or you’re an arcplan partner (or potential partner) and want to see a cloud BI solution in action, join us on June 19th at 2pm EDT for a free webinar: A Look at Real World Cloud BI Solutions.
Can’t make it? Register anyway and we’ll send you the recording.
We’ll cut through the marketing hype and clear up the confusion companies have when it comes to cloud BI. Here’s what we’ll discuss:
The reasons why companies are making the move to the cloud
How to manage the move in phases
How to mitigate security concerns, particularly when it comes to keeping your sensitive data secure
Various cloud delivery models – public, private and hybrid
Ways to overcome cloud’s inherent challenges when it comes to BI
Our partner, GPX software, will present what cloud architecture looks like in the real world and how they created Xambrosius, their cloud business planning solution built on arcplan technology. It gives users the ability to plug in their own data and generate financial reports (income statements, balance sheets, etc.) and dashboards, as well as perform planning functions like employee costing with cloud data streams from Salary.com.
Hope to see you on the 19th! Register here >>
Marketing research firm IDC predicts that businesses will spend $7.3 billion net new IT dollars on cloud services by 2013. For services like CRM (Salesforce.com) and document collaboration (Google Docs), the roadmap for moving to the cloud has already been established. But for business intelligence, it’s not as clear. The sensitivity and volume of data and the potential complexity of BI systems have made executing a cloud-based BI strategy more of a dream than a reality.
If you’ve been thinking about how to move your BI to the cloud, I hope you’ll join arcplan on Thursday for our webinar, A Roadmap for BI Cloud Computing. It’s a roadmap for implementing BI in the cloud that mitigates concerns about data security and confidentiality. The strategy we’ll present allows BI consumers to manage large volumes of data securely at a low cost and with shortened implementation times.
Whether you’re a smaller company looking for a cost-effective, easy entry-point into BI or you’re a large organization looking to capitalize on what’s sure to be a trend with staying power, this webinar is worth your time. Here are the details:
Date: Thursday, January 27th
Time: 2 – 3 pm Eastern (NYC time)
Speaker: arcplan Senior VP, Dwight deVera
UPDATE 1/28/11: Click here to access the recording of this event.