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Cloud Business Intelligence for Smes Consortium

2012, Foundations of Management

Abstract

Business Intelligence technology for over 20 years is the market leader in analytical processing of data. As numerous market researches demonstrate Business Intelligence has substantial affect on global competitiveness of enterprises and on the stability of their position in the market, which is particularly important in times of economic downturn. Although main users of this technology are large companies and corporations, software vendors are still looking for solutions that are also available for the SME (Small and Middle Enterprises) sector and non-profit enterprises. One option available recently is possibility to use Cloud Computing environment. The article considers the opportunities and risks posed by the organization of Cloud Business Intelligence system on the example of using it in SME sector.

Key takeaways

  • In section 5 the proposal for Cloud Business Intelligence (CBI) implementation concept for SMEs are placed.
  • an opportunity to increase efficiency and integrity in BI solutions.
  • Unfortunately this scenario is currently still hampered by the Cloud capabilities of some BI tools.
  • Selection of candidate platforms may be made between the traditional BI providers that have adapted their offer to the cloud or/and the new providers specialized in BI products in cloud.
  • To sum up, BI system in CC technology opens up new perspectives for: SMEs, network and virtual organizations and many others, who need effective support when making management decisions, and are not in a position themselves implement and maintain BI system.