Does the Current Financial Crisis Impact BI Investments?

August 12, 2011

“Fear returned to Wall Street on Wednesday, sending the S&P 500 to another 4 percent decline, triggered by worries that Europe’s debt crisis could engulf French banks and spill onto the U.S. financial sector.” Campos, R. (2011, August 10). Banks drag Wall Street lower as fear returns. Reuters

Uncertainty is a common theme in economies worldwide at this time. Companies with Business Intelligence have a competitive advantage in ‘uncertain times.’ Business Intelligence and Predictive Analysis can forecast the future of the market, competition, and help with planning budgets and investments.

Although businesses intelligence provides a great way for organizations to view information as a strategic asset, available options in the market are either priced very high or require long implementation cycles. A struggling economy puts even more pressure on customers’ buying agendas. Stories of our customers validate this fact and shed new light into how businesses are coping with tough economic times:

  • After excessive maintenance and upgrade costs for an existing Oracle BI, Otto International looked to Pentaho for a BI solution that not only dramatically reduces ongoing costs, but is also a modern and scalable solution for their complex and time-consuming BI tasks.

“Working with BrainChild and Pentaho, we’ve been able to improve our BI capabilities and dramatically reduce our ongoing BI costs.” – Otto International, An International Trading Organization

  • London Oncology Clinic selected Pentaho over SAP Business Objects because SAP’s price per additional user created a large uplift, inhibiting their staff, senior management, and board to benefit from reports on treatment types and diagnoses.

“We entered negotiations with Business Objects, but the price-level limited our options.” – London Oncology Clinic, Europe’s Top Cancer Treatment Facility

  • After going through a cumbersome and manual process for creating and distributing reports manually, BNSF Logistics was able to build its data analysis and reporting in just 6 weeks after purchasing Pentaho.

“Not only did we deliver a powerful business intelligence tool set for our organization in short order, but were able to do so at a fraction of the cost of proprietary alternatives.” – BNSF Logistics, Leading Supply Chain Company 

As an alternative to reading the depressing headlines about the economy, I suggest a white paper that reveals low cost, high value alternatives to BI. Leading Industry Analyst, Mark Madsen compares open source BI pricing to other BI tools that carry a hefty price tag and long implementation cycles. Hopefully the results in this report will give you a glimmer of hope in the days of rising prices and falling economy.

Farnaz Erfan
Product Marketing
Pentaho


Follow

Get every new post delivered to your Inbox.

Join 88 other followers