Many questions arise when people first hear or read the term Cloud BI, the following article will address many of these questions by discussing the who, what, where, when, why and how of Cloud BI.
Who can benefit from Cloud BI?
You, him, her, everyone, including the business user.
Traditionally Business Intelligence was an expensive process that was limited to certain users, now with the dawn of Cloud BI that has all changed. Cloud BI makes Business Intelligence an easily accessible tool for everyone and just a small amount of training is needed to be able to access and run the exact report you want at the click of a button.
What is Cloud BI?
A cloud based Business Intelligence system that provides data on dashboards, KPI’s and key business metrics.
Poor data management can be very costly for any business, Julie Hunt (@juliebhunt) discusses this in the Data Integration Blog “One reason data management and data quality are becoming so important is that a lot of data that can be useful to the enterprise has a very short shelf life. So business processes and activities must be able to tap into data as soon as possible.” Cloud BI can help you manage your data effectively to get the most out of it by giving you instant access to your companies latest, most up to date data.
Where can you use Cloud BI?
The beauty of Cloud BI is that the data can be taken from anywhere and can be accessed anywhere with an internet or mobile internet connection. Traditional Business Intelligence solutions did not allow this, now thanks to the cloud, it is possible to extract data from any of your sites, be it factory, warehouse, head office or local office. The cloud also allows the user to access the data anywhere, via a secure, personalized URL. With the fast growth of mobile internet it will not be long until you can browse the web – and int urn Cloud BI – from absolutely anywhere.
When can you use Cloud BI?
In a similar manner to the where, the when is again thanks to the cloud allowing access ‘anytime and anywhere’. Anytime access can be highly beneficial as it allows last minute reports to be ran just before meetings, or gives instant access to the data of a supplier or customer whilst on the phone to them.
Why should you implement Cloud BI?
It saves you time, money, increases efficiency and improves decision making.
Cloud BI allows you to save time running reports, save money on traditional expensive Business Intelligence software, increase efficiency and ultimately improve the decisions that are made. It allows you to make decisions faster as it provides easy access to all your data, in turn this means less man hours are spent on reporting which increases efficiency, coupled with the improved quality of reports and decisions made it is easy to see why Cloud BI is quickly being adopted by many industries.
How can I implement Cloud BI?
Tools such as Matillion BI can have a system up and running in weeks. Using state of the art technology it is much faster than traditional business intelligence systems and also more cost effective. Contact us today for more details
So there you have it, the who, what, where, when why and how of Cloud BI. If you’re interested in learning more about Cloud BI register for our webinar below.