Why Are Cloud Business Intelligence Tools Suited to SMBs? - Page 2
With traditional BI having enough data to justify the BI spend is certainly a problem. The huge upfront costs and time investment often cannot be justified by the need for a couple of key decision makers to analyze a small number of records. SaaS BI gets rid of this problem as it provides fully functional BI suite available for just one person. SaaS applications can be rapidly scaled up or down as your business needs change.
Most SaaS products are lightweight and designed to complement the investment in data storage and manipulation that you already have. For example, Bime, a SaaS BI solution, plugs directly in to online and traditional sources to extract data, then allows creation of visualizations and dashboards with a few clicks.
Access and sharing were the original drivers of the SaaS cloud computing model so applications make it easy to get useful visualizations to the right people quickly by inviting people to your dashboard’s URL or embedding it in a website or blog.
BI products have traditionally required huge upfront costs, had long lead times and demanded technical expertise to use. SaaS allows powerful functionality without the need for any of these, making it a highly profitable investment for SMBs. This isn’t to say that large enterprises cannot benefit from SaaS BI too. Within departments or teams, larger organizations are deploying SaaS BI more and more as they realize its potential.