Cloud Business Intelligence (BI) leverages Software-as-a-Service (SaaS) to host mobile BI dashboard software. This has allowed Cloud BI solutions to enter into the market as a viable and exciting option for many organizations. By hosting services in the cloud, Cloud BI dashboards provide a cost-effective alternative to on-premise BI solutions. Cost benefits aside, Cloud BI is advantageous because it is accessible from any browser and is generally supported by mobile devices, such as smart phones and tablets. Cloud BI is similar to traditional BI, but differs in its delivery method allowing executives and decision makers to more easily keep in touch with key performance indicators (KPIs) and operational metrics.
Cloud BI dashboards mark an exciting advance in Business Intelligence software, reducing many of the barriers to entry for enterprise departments and small and medium sized organizations. Cloud BI offers many advantages over traditional
We would be misrepresenting Cloud BI if we said it didn't have a few drawbacks. Chief among the drawbacks to adopting Cloud BI is that the data is stored in the cloud with the associated risks, and occasionally legislated restrictions. Increasingly though companies are working around this by using Cloud BI for non-sensitive data, and choosing vendors who ensure the highest level of security and privacy policies and procedures.
The reality is the Cloud BI dashboards are becoming more powerful, more scalable, and more feasible for organizations of any size. As workforces become increasingly mobile (working from home, moving from location to location), so will the popularity and relevance of cloud BI. It is an exciting time in the cloud BI market!
Klipfolio is an industry leader both on-premise and cloud based dashboards. Check out our cloud BI dashboard today.
