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Opportunities in BI Market

November 8, 2009

The current recession has hampered the growth of the Business Intelligence market specially Oracle and SAP BI. This presents very exciting times ahead of us for the following reasons:

  • The effect of new generation products such as Cloud BI stacks, Open source OLAP tools etc. on the overall market has yet to be seen. But something that’s bound to happen is that future BI products will be cheaper and lighter.
  • The total cost of ownership (TCO) of these new generation products including amount of consulting required to implement and pre-built applications is most likely to be smaller per site too.
  • Traditional market growth for BI is much slower as most of these multimillion dollars installations and implementations have been done. Therefore, the future solution would be looking at new market segments.

A lot of SME’s who couldn’t afford the BI solutions in the past would be utilizing those solutions leading to new opportunities.

 

Your comments and feedback are always appreciated.

 

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4 Comments leave one →
  1. Alex permalink
    November 8, 2009 7:29 PM

    In the manufacturing sector where there are existing BI software installations there is a large push to extend the same type mindset to the process side of things. There is a big need to optimize processes at all levels of the organization. The companies that have seen the benefits of a broader look at things are now in the process of merging the two halves to better understand the effects of their systems on each other.

    A lot of this requires creating custom software to get the information from the process intelligence and BI systems together in a usable form.

    There are existing software packages in the industrial sector that can easily be leveraged with a SQL backbone with an ASP.NET interface to mimic SAP and provide a lot of the benefit at single digit percentages of the price.

  2. November 8, 2009 10:32 PM

    Thanks for the comment, Alex. Its not only the price, its the installation, implementation, maintenance and admins costs also which adds up to a lot. That’s why my bets are for on-demand BI or cloud BI systems.

  3. tim permalink
    November 9, 2009 12:48 PM

    You’re dead on in this assessment Nitin. We’re in the process of doing just this in another business venture of mine as it relates to BI, and side-stepping application silos via RIAs. I’ll let you know how it turns out in a number of months.

    • November 9, 2009 12:58 PM

      Thanks Tim, I would be very interested to hear from you on that venture of yours.

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