Cloud BI is really shaking up the market and making everyone take note. Want to know what the buzz is all about? Read on and discover why everyone is catching onto Cloud BI – and why you should too.
One reason that people are really beginning to notice Cloud BI is that it allows you to access your data anytime and anywhere, a distinct advantage that it has over On-Premise BI. As the name would suggest, Cloud BI is hosted over the Cloud, meaning that you do not have to be on-site to access the data you need. By simply logging in on a web browser, you have access to your data. All you need is an internet connection and you are good to go.
Another reason Cloud BI is taking hold is that it greatly informs decision-making. By allowing users to drill down into their data, Cloud BI can really improve decision-making both in terms of the quality of decision made and the time in which it is made. Users will have access to comparisons and reports that they were previously unable to obtain, meaning they have more upon which to base a decision. This more often than not results in a better decision.
People are also noticing Cloud BI due to the increased efficiency it can bring to you. Roman Vladimirov believes this is down to how it is used.
According to SmartDataCollective, when the purpose of BI did not extend beyond its use by IT departments, it had less ultimate value. IT employees would create reports based on the data they amassed and analyzed, and delivered them to other sections of the company. This would create a deluge of information that those on the receiving end of it might not ultimately put to good use or even closely examine, stripping it of its potentially actionable nature and engendering inefficiency.
“The businesses that are using BI and Analytics to the best of their ability are doing just the opposite – creating greater efficiency. With these tools in the hands of all relevant departments and personnel trained in their use as necessary, they are a well-integrated part of operations.”
When used properly, Cloud BI integrates seamlessly with other operations, making decisions faster and better. This can only serve to improve efficiency.
Another reason for the high interest in Cloud BI is the impressive level of security. Initially, there was scepticism about the level of security that Cloud BI could provide. But Matillion’s security consists of an advanced system that allows you to control exactly what each user can see to allow you freely to share your reports with managers, employees and even suppliers or customers. We also understand the need for high security in the Cloud, and we use encryption that exceeds banking standards. Our data centres are SAS Type II, ISO 27001 and PCI accredited.
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