APR 20, 2009 4:59am ET

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Free BI is Still No Free Lunch

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And is it really free? Unfortunately not - it won’t be that easy for a while. As you saw recently in my 80/20 rule blog, typical BI costs involve so much services and so many indirect costs, that I do not see a truly free BI lunch in the near future.

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Comments (4)
re: www.instaknow.com

Boris, you are so right. The cost of BI increases and output fails to achieve real time and pervasive requirements. I simply had to comment as I so often run into the same complaints. Instaknow is an alternative.

This AI platform outstrips most BI purposes deploying realtime operational dashbaords and automating processes that remediate most yellow and red alerts. Can port structured and unstructure data from disparate dilos andthe WEB into the OLAP (DW)or into a dashbaord format ypassing the need for OLAP. Read a BI output (report) and automate decision making or provide essential decision empowerment for a fraction of the cost and in a fraction of the time requireed by free or commercial BI platforms. Can be used in conjunction with BI to reducce costs and time to solutions. We will be helping countless state and local agencies in meeting ARRA regs. No ETL required. No code. No changes to other systems. 3 patents. Jeff Sherer, SVP, 732-261-0074

Posted by Jeff S | Tuesday, April 21 2009 at 3:39PM ET
Hi Boris

I have now concluded BI is only expensive when you don't know what you want to do. 5 days of services and $20k in software license was NOT expensive for us to reduce our reporting timeframe from 5 to 2 days, totally eliminate the manual stuff we were doing in Excel and have 3 staff members no longer working double shifts to get the reporting done. We kept it small, focussed and simple and got a great result. This isthe alternative.

Posted by Ron R | Tuesday, April 21 2009 at 7:46PM ET
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