Business Intelligence helps Companies to practice raw data and convert it into Usable Business information. This process still needs significant amount of work on large data warehouses (DW). For most of the traditional companies, the data warehouses and most of the business systems entering data into those data warehouses are on premise.Through effective data visualization services you can track KPIs & enable data-driven decision-making.
The impact of cloud computing is broad and deep, it is the sort of technology that companies will need to either embrace or be run over by. Some of the crucial benefits of cloud computing include rapid implementation, ease of use, and subscription pricing. Organizations thinking of executing Business Intelligence in the cloud require moving all the data in data warehouses and the associated processes in the cloud. That has its own advantages and challenges:
• Companies with different sizes have different business requirement. Cloud-based software can be easily changed to specific requirement. Even the smaller business enterprises get the capability to tailor make a Business Intelligence system which fits their particular requirements and improve their business processes.
• Initial set up costs to get a traditional IT system functioning can be very high. However cloud-based Business Intelligence solutions can lessen that initial high cost significantly as third party service providers can manage all systems through remote access.
• Temporary use of cloud based software without have to buy a full license is another great benefit. This is known as subscription-based system and this significantly helps the companies to only pay for their organization's usage.