Using business intelligence tools in the cloud

Business intelligence that’s cloud based is a game changer in the digital business scenario. All kinds of businesses, from small to big enterprises are adapting the cloud based tools to boost business intelligence. Furthermore, small and medium enterprises now embrace cloud based apps for highly competitive marketing strategies. On the other hand, big firms are using cloud BI solutions in expanding their market further and using it for experimentation in the advancement of building a more productive market space.

CLOUD COMPUTING MEETS BUSINESS INTELLIGENCE

Business intelligence and cloud computing are an ideal match. BI or business intelligence is about delivering the correct information to the right persons at the right time, and cloud computing offers an agile, lightweight way of accessing business intelligence apps. The beauty of Cloud BI apps is that they’re accessible on numerous devices as well as web browsers. This is circumventing traditional software barriers, like the need to access the app on-site.

ADVANTAGES OF CLOUD COMPUTING FOR BI USERS

Cloud business intelligence provides some considerable advantages over on premise apps. Some of the advantages include:

1. USAGE EASE. Cloud business intelligence apps, such as other cloud applications, have the tendency to be easier for end-users to operate and set up. This means minimized IT involvement as well as costs.
2. SPEED OF DEPLOYMENT. Cloud apps are very straightforward to deploy, because they do not need additional hardware or software installations.
3. ELASTICITY AND SCALABILITY. Cloud apps could be scaled fast to accommodate for a boost in the number of users in an organization.

SOME OF THE BEST CLOUD BUSINESS INTELLIGENCE SOLUTIONS IN THE CLOUD

There are a lot of cloud BI solutions in the market nowadays and choosing one the best for the business could be difficult. Some of the best cloud BI tools in the market currently could help choose the one that best fits the solution requirements.

1. SAS. It provides cloud BI solutions that would provide relief to the IT department in doing a more thorough data analytics. The visual analytics feature offers network diagram reports, business intelligence analysis and decision trees in real time with less effort of coding. The tool gives better efficiency with sophisticated results. A plus is the visualization software, which makes for easier data interpretation.
2. GOOD DATA. This is a BI solution that offers cloud based platform for analytics. Most of the users benefit from the use of the analytic tools in monetizing business data. The application is useful for any industry or company, offering a platform that is highly scalable on the cloud, that’s reliable and secure in analyzing and collecting big data. Businesses derive the benefit of sales performance, obtaining business insights, marketing strategies and predict behavior of customer.
3. IBM. It is more than simply a consulting company. It also has cloud-based solutions for business intelligence growth. It provides predictive analytic business solutions. It has products that are called SPSS and Cognos deployed in their education cloud infrastructure. The applications also are used in different enterprise levels and industries. Majority of users of IBM cloud business intelligence solutions are able to enjoy a more cost efficient solution to manage data to boost ROI. The data collection is user friendly and highly scalable. It offers broad data collected and dynamic queries accessible in the cloud using tablets, smart phones and computers.

4. BIRST. The cloud BI intelligence solution got an award as the highest rate as a top rated cloud business intelligence vendor in 2012. Birst provides business analytics tool that has self-service report, interactive tools and data visualization system such as table and other graphic presentation of data. It has an interactive dashboard and ad hoc analysis features. It helps businesses collaborate data, make informed decisions and even share sticky notes to the tam who could access the data in the cloud via their computers, mobile phones or tablets. Among Birst’s best features is the ability of integrating data that comes from different systems, automate management tasks and deploy business analytics.

1. ZEPHYR HEALTH. Is a data management software as well as health data management app that enables a user to exercise more insightful decision making process using data that ordinarily is hard to extract. The BI solution is extremely popular in the health sectors and widely used by medical researchers and practitioners in the health field. The cloud-based platform enables collaborative data sharing by users using acquired information from different sources, such as other vendors as well as various customers. One could focus on data acquisition, structured or unstructured.
2. BIME. Offers a solution, which simplifies BI usage using cloud computing as well as data visualization. Most organizations could use simplified apps to access and analyze data. It builds innovative user friendly products for data analytics, which allow a user to manage, take control and share data. The cloud business intelligence tool of Bime provides the ability of accessing numerous data sources and use them in a customizable dashboard.

Since the mid-2000s, the cloud computing industry has exponentially grown. Furthermore, it has become a $210 billion industry this year.

Ritesh Mehta is the Sales Director at TatvaSoft Australia, a Software & mobile app development company. For Over 15 years, he has been professionally active in financial management, software development.