Advantages of Cloud BI Compared to On-Premises Solutions
As we all know, Business Intelligence (BI) is meant to enable organizations to collect, analyze, and visualize their data to gain insights into their business performance, make better decisions, and so much more. Now, given the premise, it only makes sense that the world would pursue the best possible means to reap the potential of this technology. This is precisely where cloud-based Business Intelligence comes in.
What is Cloud Business Intelligence?
It is only BI, but one delivered over the cloud. That means that instead of hosting BI infrastructure on-premises, organizations leverage cloud-based platforms, such as Google Cloud Platform, Microsoft Azure, Amazon Web Services (AWS), and tools to perform their BI-related tasks and processes.
Cloud BI has gained significant traction in recent years due to several factors, including its ability to help organizations save money on IT costs, such as hardware, software, and maintenance. The solutions are also much more scalable and flexible than on-premises ones, meaning companies can add or remove resources easily and swiftly.
What do you say we now look closer at why cloud BI is deemed a better option than on-premise BI? Let’s go.
Benefits of Cloud Business Intelligence:-
● Data integration: Decidedly, one of the most important benefits of cloud BI solutions is their ability to help businesses integrate data from various sources, including social media, cloud-based apps, on-premises databases, etc. Achieving such data integration can be challenging with on-premises BI solutions, to put it mildly — this is because such solutions often need different tools and technologies to allow data integration from various sources.
● Faster execution of data programs: Thanks to the fact that cloud BI solutions are usually hosted on powerful servers that can quickly scale to fulfill the needs of even the most demanding data workloads, cloud BI solutions offer a proven ability to help businesses execute data programs much faster than the timelines associated with on-premises BI solutions. Furthermore, cloud BI also gets features such as parallel processing, in-memory processing, and elastic scaling — enabling businesses to optimize their data programs further.
● Improved security: Yet another reason cloud BI has become a massive hit in today’s market is because it comes loaded with various measures to enhance data security. For starters, they encrypt data both at rest and in transit. Then, access control and audit logging allow businesses to monitor closely who has accessed their data.
● Data governance: Cloud BI solutions also have features that aim to help businesses improve their data governance. Among other things, such solutions can track the lineage of data, which shows how data was created and transformed. Cloud BI solutions allow businesses to set up their own data retention policies to control how long data is stored. This is important to achieve compliance with data privacy regulations.
Final Words
To summarize, cloud Business Intelligence offers significant advantages over on-premises BI. So, are you ready to make the switch now? The advantages of cloud Business Intelligence (BI) solutions over traditional on-premises options are undeniable. This article has illuminated the transformative benefits of accessibility, scalability, cost-efficiency, and agility that the cloud offers. As organizations seek data-driven insights in real-time, cloud BI emerges as the ideal choice. The flexibility, reduced maintenance burden, and the ability to harness the full potential of data in the cloud underscore cloud BI’s pivotal role in shaping the future of business analytics. Embracing the cloud ensures organizations stay competitive and agile in the dynamic world of data-driven decision-making.
