In the last few years, cloud computing has grown exponentially and is expected to become a billion dollar industry by 2016. Business Intelligence is all about delivering the right and meaningful information to the right people at the right time. Cloud computing provides a platform for BI applications which is agile and lightweight. Combining business intelligence and cloud computing could unleash greater benefits to a firm.
There are a few key factors which work in favor of Cloud Business Intelligence:
- IaaS provides data storage, managed networking, virtual servers, load balancers and operating system environments.
- PaaS, which sits on the IaaS layer, includes managed middleware, such as databases, application servers, data integration services and BI platforms.
- SaaS extends this stack to include the application layer. Most of the vendors provide cloud business intelligence as an online service which can be accessed through web based interfaces.
Cloud BI Vendors - Currently, several startups such as Birst, GoodData and Indicee are the niche players in the cloud BI market whose principal delivery model is cloud. Big players such as Microstrategy, SAP and Oracle are also expanding their cloud capabilities and are steadily moving into the cloud space.
Though companies are still wary of the capabilities of cloud, many of the enterprises are migrating from their on-premise applications to cloud in order to experience the potential benefits - reduced costs, improved flexibility and faster deployment. Cloud solutions offer self-service BI and on-demand BI through private or public cloud or even a hybrid model based on business needs.
Cloud BI is here to stay!
References:
http://www.tcs.com/SiteCollectionDocuments/White%20Papers/HighTech_Whitepaper_Business_Intelligence_Cloud_0412-1.pdf
http://www.klipfolio.com/resources/articles/what-is-cloud-business-intelligence
http://www.informationweek.com/software/information-management/5-big-business-intelligence-trends-for-2014/d/d-id/1113468
There are a few key factors which work in favor of Cloud Business Intelligence:
- Speed of Implementation and Deployment: Very easy to set up and deploy, since no additional hardware or software installations are required.
- Elasticity: The immense computing power available on cloud can be leveraged, and it can be scaled up and scaled down based on changing needs.
- Accessibility: These applications allow mobile and browser users to access and control everything on the cloud.
- Cost Benefits: Data center and IT management costs are greatly reduced, cost-effective pricing models offer cost-effective options.
A cloud model is typically categorized into Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS):
- IaaS provides data storage, managed networking, virtual servers, load balancers and operating system environments.
- PaaS, which sits on the IaaS layer, includes managed middleware, such as databases, application servers, data integration services and BI platforms.
- SaaS extends this stack to include the application layer. Most of the vendors provide cloud business intelligence as an online service which can be accessed through web based interfaces.
Cloud BI Vendors - Currently, several startups such as Birst, GoodData and Indicee are the niche players in the cloud BI market whose principal delivery model is cloud. Big players such as Microstrategy, SAP and Oracle are also expanding their cloud capabilities and are steadily moving into the cloud space.
Cloud BI is here to stay!
References:
http://www.tcs.com/SiteCollectionDocuments/White%20Papers/HighTech_Whitepaper_Business_Intelligence_Cloud_0412-1.pdf
http://www.klipfolio.com/resources/articles/what-is-cloud-business-intelligence
http://www.informationweek.com/software/information-management/5-big-business-intelligence-trends-for-2014/d/d-id/1113468
One more fine article, Pradeep! I like the fact that you placed the advantages of Cloud Computing right at the beginning.
ReplyDeleteThanks for this article! I also believe that cloud business intelligence has many advantages and should be implemented. Deploying cloud-based business intelligence is typically a time-consuming and complex task. Therefore, implementation time is a criterion worth mentioning when looking for a provider of business intelligence and cloud products.
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