If you consider choosing and implementing Business Intelligence technologies in your enterprise, you should research on the advantages a cloud-based solution could bring to your day-by-day activity.Ĭloud does provide better, faster and cheaper business intelligence solutions and mainly the cost-factor and quality-factor, I find important.
This helps companies reduce data volume and complexity and leads to valuable data insights for departments across the entire organization.Īs data continues to increase in all industries and businesses begin to rely more and more on high quality data insights, information accessibility whenever, wherever can provide a critical competitive advantage. Field service management providers have defined this need with service teams in particular, since they work with other vendors, departments, and providers, and perform work at many different locations within a region.īy storing data in a single location that can be accessed by the entire enterprise, the chances of having duplicate data or different versions of almost the same information are eliminated. Cloud increases employee productivity and reduces redundancy.Įnterprises using cloud-based Business Intelligence solutions benefit by having more efficient processes as different business departments or external partners can access the same data, eliminating duplication. Cloud enables specific business needs integration.Įnterprises benefit by having a more scalable solution that can faster integrate new functionalities to fit business needs or faster adapt to business development. The implementation of the solution is more rapid, it needs a smaller budget, and upgrades are the provider’s responsibility.Ģ. Cloud makes business intelligence affordable.Įnterprises benefit from the fact that there is no hardware and ongoing maintenance costs.
The three benefits of cloud-based business intelligence solutions, according to the survey’s author are:ġ. In 2012, cloud-based BI saw an 84% compound annual growth rate. In late 2011, only about 13% of enterprises worldwide had cloud-based BI solutions in place and in use. According to a 2012 survey, business intelligence technologies are among the fastest- growing cloud-based business management tools around.
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