A report from Gartner released this week shows that more companies are turning to BI in the cloud as an alternative to the traditional on-premise solutions. Nearly one third of organizations either already use or plan to use cloud or software-as-a-service solutions to augment their central business intelligence (BI) functions.
Of 1,364 IT managers in the Gartner survey almost a third (27%) already utilise or plan to improve their BI options with cloud based solutions. A further 17% said they already have or plan to completely overhaul their current BI functions and replace it with a SaaS solution.
Saas products hold many advantages over traditional on-premise solutions which are often associated with long lead times and a demand for highly technical expertise. Cloud solutions don't have these problems and can compliment existing IT infrastructure whilst still providing powerful functionality. Cloud solutions offer wider access and sharing capabilities, allowing users to dig into their data whenever and wherever they need to. A SaaS pay-as-you-go pricing model provides more flexibility and low capital expenditure. James Richardson, research director at Gartner said:
“Business users are often frustrated by the deployment cycles, costs, complicated upgrade processes and IT infrastructures demanded by on-premises BI solutions. SaaS- and cloud-based BI is perceived as offering a quicker, potentially lower-cost and easier-to-deploy alternative, though this has yet to be proven."
As GigaOm reported earlier today, "the momentum for SaaS is strong". Such advantages have lead legacy solutions to start offering their own SaaS offerings, however users need to be wary as some vendors are attempting to ride the cloud wave by merely re-branding existing apps without offering true cloud functionality, known as cloud washing. Bime is a true cloud BI, solution born and built in the cloud, incorporating all the best and most current technologies into our solution to harness the advantages mentioned above. We gambled on the cloud a long time ago and although BI has been slow in its uptake of cloud compared to other sectors, this latest Gartner research shows that the clouds are forming around BI !
Gartner Business Intelligence Summit 2012
On another Gartner related note we will be attending the Gartner Business Intelligence Summit taking place on 6-7 February in London. We'd love to see you there so if you are also attending get in contact !