Software as a Service (SaaS) is a significant advancement in Business Intelligence solutions. SaaS Business Intelligence removes the hurdles that make traditional Business Intelligence solutions impractical and ineffective for most enterprises. Benefits of SaaS BI over traditional enterprise BI solutions include:
Higher ROI and Lower Costs- Less Time to Recoup costs = Faster ROI
A faster "time to value" allows for a quicker return on investment. - Lower Upfront Costs
On-demand pricing models and lower implementation costs mean dramatically lower upfront costs. - Lower On-going Costs
Lower maintenance, and fewer ongoing hardware and resource requirements. It’s also more affordable and easier to extend the solution to new projects and more users.
Easier Budget Approval
Lower entry costs and predictable ongoing expenses. SaaS BI is also often classified as an operating expense, not a capital expenditure, so it is easier to get budget approval.
Time to Insight is Shorter
Faster implementation, built-in templates, and interactive dashboards enable users to reap the benefits much more quickly.
360-degree Communication
Easily share data and reports, even with customers and partners.
Technical Benefits
- Less Reliance and Drain on IT Resources
Everyone wins when business teams can conduct most of their own analysis. - Scalability
Easily scale from group to enterprise level solutions. - Flexibility
Quickly adapt to changing business needs.
