Mid Market BI Solutions Gaining Favor With Large Enterprises
In a market of tight investment parameters and little tolerance
of mistakes, businesses are seeking out greater transparency and
insight into their performance, and they want it NOW. This is leading
many large organizations to put aside their current plans for large
scale BI implementations and instead seek out mid market solutions
– either on-premise or on-demand.
Mid-market Solutions
Small and mid-sized companies already take advantage of business
intelligence without paying high prices or needing to have a strong
internal IT infrastructure, driven by:
- Ease of use
- Quick implementation times
- Lower total cost of ownership [TCO]
- Diversity in deployment methods and licensing
- Broader payment structures and lower price points
Most midmarket solutions [on-premise and on-demand] are designed
to provide end users with the ability to customize and change how
they view and analyze data. This means the solutions are typically
more intuitive, aimed to support end users who do not have access
to internal IT staff. Within a short time, some end users even move
beyond customization to develop new applications.
Enterprise BI Solutions
The ability to apply mid-market strategy and solutions to enterprise
organizations is becoming a valuable choice as a first step to BI
competence. Organizations are no longer willing to invest time in
high investment, longer implementation time projects – they
just don’t have the time, money and resources required in
order to develop a full scale in-house BI and data warehousing application/toolset.
They are looking for rapid payback in both productivity and profitability,
meaning:
- Deployments in hours or days rather than weeks or months
- Measurable performance improvements
- The ability to update and change information required at a
quicker rate than when dealing with internal IT departments
- Custom focused solutions to meet specific departmental or operational
needs
Traditional business intelligence is still perceived to lack flexibility,
so that cut down features typifying on-demand solutions are no longer
such an issue. Lower cost and low maintenance solutions present
new opportunities to offer BI as a service and/or with low cost
subscription fees can take advantage of this market because they
already have the structure in place to implement solutions quickly.
Organizations don’t need the difficult to obtain on-premise
expertise, and ongoing support is a fraction of the cost of large-scale
implementations. They still get the same basic features and functionality
of traditional BI counterparts.
With the typical large enterprise having disparate data silos supporting
departments or single processes, BI on Demand solutions can be deployed
at this level without the constraint of needing complex data integration
at the enterprise level. Whilst this approach fails to meet some
key BI principles such as a ‘single version of truth’,
the alternative of having no BI capability is no longer acceptable.
Overall, adopting mid market solutions now means that each department
can interact with their BI capability independently, developing
applications that best suit their requirements, and manage their
own data sets, whilst still sharing accurate and relevant data across
the organization. Care must be taken that this independence does
not deepen the existing ‘silo’ mentality currently existing
in many large organizations, and that tools and processes are available
to collaborate and share data across the organization.
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