Why On-Demand BI?

On-demand BI solutions, which are hosted by service providers and accessed by users over the Internet, offer all of the benefits of traditional BI solutions while substantially improving the economic bottom line. On-demand solutions provide powerful and flexible business insight, but are faster, easier, and less costly than custom “behind the firewall” solutions. The business benefits of On-demand BI are compelling and real.

On-demand Business Intelligence (BI) solutions offer a timely and cost-effective resource for businesses of all sizes to maximize their business potential while minimizing costs. Relative totraditional business intelligence solutions, on-demand BI solutions offer substantial business
benefits, including:

• Increased Access
• Faster Return on Investment (ROI)
• Lower Implementation Costs
• Lower Ongoing Costs
• Easier Budget Approval
• Scalability
• Flexibility
• Greater Visibility
• Low Risk – High Reward

To make the most of on-demand BI, businesses should look for a solution that offers a breadth of features that are quick to deploy, scalable, and easy to use. To find the best solution for them, each business should consider their own unique needs with respect to:

• Multi-source data capability
• Analysis and Reporting
• Scalability
• Automation
• Flexibility

Once these needs are determined, the best match can be found among available on-demand BI vendors. Some Industry experts also recommends considering the following characteristics before selecting a vendor:

• Technology
• Terms of Service
• Professional Services Offered
• Pricing
• Financial Stability

Ultimately, no matter which vendor is chosen, any business is likely to benefit from the use of an on-demand BI solution. Through the on-demand model, BI is becoming much more accessible, less expensive, and less risky, while the benefits are made more compelling for all.