Read this article on how start-up companies use business intelligence systems to make decisions. It presents the objectives of using business intelligence, what companies need to use it successfully, and its applications in a start-up, beginning the data collection/gathering and ending with data presentation.
Business Intelligence Providers for Start-ups
Although
business intelligence solutions are seen as major investments for large
companies, more and more providers have been pushing for start-ups for
several years. In the following, the solutions of the larger providers
are presented briefly:
SAP
The German software provider SAP
has been a market leader in Germany for years and internationally at
BI-Software. "SAP BusinessObjects Edge" offers a comprehensive and
powerful business intelligence solution for start-ups. The product
includes features for different BI needs: flexible ad-hoc queries and
analytics, dashboards and visualization, data integration, and
pre-configured data mart solutions. SAP BusinessObjects Edge Standard,
SAP BusinessObjects Edge with Data Integration and SAP BusinessObjects
Edge with Data Management are available.
Oracle
The "Business
Intelligence Standard Edition one" of Oracle BI system is geared to the
needs of start-up companies. As a complete solution, this is designed
for five to fifty users. Comprehensive features such as interactive
dashboards, ad-hoc analytics, proactive intelligence and insight, and
advanced reporting and publishing mobile and predictive analytics are
included in the solution.
IBM
IBM Cognos products provide
business intelligence solutions for start-ups. The tools for start-ups
include the functions Reporting, Analysis, Planning, Budgeting, and
Forecasting as well as Dashboards and Balanced Scorecards.
SAS
With
the SAS Business Intelligence – Edition M product, SAS has launched a
bespoke BI solution for start-ups. The solution has a modular structure
and can, therefore, be expanded as requirements grow. The Edition M
consists of a data integration component, an add-in for integration with
Microsoft Office products, a dynamic desktop interface, and a Web
Report Studio.
Microsoft
With "Microsoft Reporting and
Analysis Services" Microsoft provides a Business Intelligence solution
for start-ups. The solution offers data presentation and reporting,
comprehensive analysis functions, fast access to large volumes of data
and extensive functionality in the Microsoft standard software.
Open source vendors
In
addition to big players such as SAP, Oracle, and IBM, some open source
providers such as Jaspersoft, Pentaho, Jedox, and SpagoBI have
established themselves on the market in recent years, offering solutions
for start-ups. These four vendors use a similar business model that
builds on commercial open source software. It includes a Free Community
version and a Paid Enterprise version with vendor support and special
features. Nevertheless, the four open source subjects differ from each
other:
Jaspersoft
Jaspersoft is one of the largest providers
of integrated BI solutions for start-ups. Various modules are offered
for the individual subtasks, which can be connected to each other via
interfaces without much effort. The list of individual modules is
provided by Jaspersoft ETL, JasperReports Server (Report Server) with
JasperReports Library and Jaspersoft OLAP (Mondrian Custom Solution),
and Jaspersoft Studio (Report Editor). Jaspersoft relies on third-party
vendors in the ETL and OLAP areas, but the modules are adapted to their
product line. All submodules can also be used separately. Jaspersoft
focuses on reporting and distribution. The report server is at the heart
of the solution.
Pentaho
Pentaho is one of the market leaders
in open source BI for start-ups and has a high profile. Like
Jaspersoft, Pentaho relies on customized, partially existing Open Source
projects acquired by Pentaho. The focus is on data integration and
reports automation. The product portfolio consists of Business Analytics
Platform, Data Integration, Report Designer, Aggregation Designer &
Schema Workbench and Metadata Editor.
Jedox
Jedox offers a
complete BI suite that includes everything from ETL to OLAP to
dashboards and reports. The hobby was and still is the powerful OLAP
module Jedox. By integrating into Excel, Jedox offers a lot of added
value for many start-ups, since a wide variety of data is often already
maintained in Excel spreadsheets. Jedox integrates with Excel and
replaces the pivot function, but offers many additional features such as
target / actual deviations. The greatest advantage of integrating with
Excel is above all in the "familiar" environment, because office
applications are widely used in start-ups. As a result, the training
effort here is relatively low overall.
SpagoBI
As the only
provider of integrated BI solutions for start-ups, SpagoBI offers all
modules only in an open source version. There is no Enterprise version
of SpagoBI. The business model is to provide services in the field of
module setup and customization. Essentially, SpagoBI offers the
advantage that all tendered software solutions can be managed via a
central platform via the browser. So can a solution that has been
developed with SpagoBI. SpagoBI is a small BI suite made up of several
open source BI tools packed together, e.g., ETL, OLAP, Data Mining,
Reporting (including Talent, Mondrian, Weka, BIRT and Jasper-Reports
Library). Also, SpagoBI does not offer further modules. They are mainly
used to optimize the presentation of BI results on mobile devices or to
support the connection of geographical data with business-relevant data.
In
addition to the five large providers SAP, Oracle, IBM, SAS and
Microsoft, start-up companies like to buy software providers from Open
Source, such as Jaspersoft, Pentaho, Jedox Palo and SpagoBI, because
they negotiate at eye level, have advantages in terms of local presence
and support or know-how for certain tasks or industries.
In
summary, it can be said that the providers of open source BI solutions
for start-ups are well represented. In addition to a free version, they
also offer a commercial version of their software. However, their
business version can often be purchased cheaper than that of the
significant providers. The difference between the free version and the
paid version is in most cases in advanced features and professional
support.