The business intelligence solutions
has been an effective tool for strategic decision making for many years, but till
now its use was quite limited. The traditional BI solutions were incompetent to
scale and to accommodate the ever-increasing volumes of data or number of users,
scaling to huge data volumes, several users and quick innovation cycles was very
expensive. These problems made it tough for BI tools to manage the new business
needs as they surfaced.
The latest cloud
business intelligence solutions have made scaling in all facets drastically
economical than it was previously and it is now much more reasonable too. This
has unlocked the door to totally new opportunities for big data analytics and
it is redefining how the business is done.
How Cloud BI Solutions
Opening Gates To New Opportunities for Big Data Analytics?
With the help of exceptional
technical capabilities of the cloud
bi solutions, numerous new opportunities have emerged for big data analytics.
It is now very easy to scale strategic decisioning to a huge audience which
spans local and organizational boundaries, so you can deliver big data analytics
to everyone that can benefit from it.
The cloud business intelligence has
enabled the operation of exceptionally strong in-context and actionable big
data analytics which drive business processes. Suggestions and mechanized
decisions are embedded in the applications which business users make use of on
a daily basis, so they can watch in real-time what the recommended subsequent
steps are and constantly enhance business performance.
These and many other
opportunities supports the workflow from big data to embedded business
intelligence content in a procedure or application and extranet operation that concentrates
on offering analytics to external businesses, suppliers, distributors,
customers or other business partners.
In case you are engrossed in
taking benefit from few of these opportunities then, ask yourself if you can practice
these opportunities by making use of your current analytic tools. If you want
to stay ahead, grow and capitalize on the opportunities which cloud
business intelligence solutions has presented then, you must shift gears.
Key Reasons to Migrate
To the Cloud Business Intelligence Solutions:
- Can Easily Manage Huge Data Volumes: Cloud bi solutions are not just meant for a few internal managers, rather it is for all of your customers. Each of these customers brings their own data. You require an application developed exclusively to manage ever-increasing volumes of data users and data.
- Better Synchronization and Low Latency: In your existing bi solution, you possibly rarely see over a few of users that make use of data analytics simultaneously. Extranet and embedded use cases need a lot higher user concurrency as you will observe hundreds of synchronized business users. Your company will require a powerful cloud business intelligence solution to manage thousands of users simultaneously.
- Confidentiality: If you are scaling to thousands of different users then, you must protect that entire users’ data. Try to store every customer’s data in a different database and control all the typical data access and user management attributes to protect a data infringement and illegal access.
- Dexterity: With thousands of different customers, a massive amount of time and resources will be needed to develop independent experiences for each of them. You must develop and spin out a multi-tenant solution for all of them and consider it like a product which you keep improving in responsive iterations.
- Business User Usability: With large-scale deployments, you cannot hire hundreds of cloud bi analysts. Even if you somehow manage to hire all those analysts, you still cannot sustain and deliver all the customized reports which your users across all companies require. Scaling to hundreds of users requires a powerful semantic model which drives steadiness and reusable and context-attentive metrics that users merely drag and drop. The data governance tools which were tailored for the limited desktop analytics audiences- different departments and small strategic teams cannot offer in large-scale deployments.
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