Is 2014 the tipping point for cloud BI? A service that has been around for nearly a decade, cloud business intelligence is becoming a more and more important factor for enterprise success. What does this trend mean for the enterprise? Learn more from Brittenford Systems, as we share Cloud BI: Going where the data lives.
Why is this trend becoming popular again? Joao Tapadinhas, a Gartner analyst, believes that this is the reasoning:
“What I think will happen is people will move the analytics app closer to the data. As more data sources move to the cloud, it makes more sense to also adopt cloud BI solutions because that’s where the data is. It’s easier to connect to cloud data using a cloud solution.”
Researchers at Gartner say that 2014 may be the tipping point for cloud BI. In each of the last four years, around 30% of respondents to a Gartner survey said they’d run their mission-critical BI in the cloud.
This year, however, nearly half (45 percent) said they would adopt cloud BI.
Moving Cloud BI to the Enterprise
Once an appealing item for small business, due to the removal of expense related with larger IT departments needed for on-premises systems, analysts see a trend in larger enterprises adopting cloud BI in some departments.
In the largest of the largest enterprises, some concerns may come to mind due to the amount of bandwidth needed to run said business intelligence, or do so by combining on-premises and cloud data.
Nevertheless, some businesses have already adopted cloud BI services, analysts report anecdotally, though specific figures aren’t available.
Many companies that have made the move say that the benefits—fast time to market, no need to maintain on-premises software, and simplicity of use—outweigh any downsides.
Companies like mobile ad platform Millennial Media and Athenahealth have already made the switch due to the flexibility and speed of the cloud.
A few of the benefits of Cloud BI, according to the sources:
- Real-Time Access to data
- Ability to Actively Monitor Data
- Proactive Collection of information that allows the company to identify trouble spots
- Improved Segmentation of users
- Integration with other software offerings
Bob Hammond of Millennial Media states the benefits of cloud BI:
“Building tiers of users, each with different permissions, allows more people in the organization to work with the data — but safely. […] That means business executives, who aren’t necessarily trained to be data scientists, have some latitude to combine and rework reports but are less likely to make mistakes because they don’t have the permission to, for instance, pull in new data from a back-end database”
Of course, there are minor concerns that need to be addressed. Current integration with other software is still in its infancy; transfer speeds aren’t optimal, due to the amount of data being processed; and that customization is more easily handled by on-premises software.
Ironically, the biggest concern of businesses regarding Cloud BI, privacy and security, is the thing businesses needn’t worry. Tapadinhas confirms that
“Most cloud vendors tend to have more strict security processes and follow security certificates that are more advanced than most companies have internally.”
We thank InfoWorld and ComputerWorld for sharing Cloud BI: Go Where the Data Lives.
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