The growth in SaaS over the past several years is largely attributed to the simplistic automation of CRM, expense management, human resources, and Web analytic applications. However, business intelligence is quickly becoming another focal point for SaaS vendors, and who can blame them.
Business intelligence is one of the most overlooked yet important component to running a successful business. Until recently, the notion of business intelligence was simply the idea of capturing data and then sifting through that data to make some sense of it all. However, vendors such as PeopleCube are taking business intelligence to a new level. In their case, workplace business intelligence is intended to help companies reduce their real estate and other operation costs. How? By automating the collection of space utilization data, analyzing that data, and providing actionable information that allows companies to make educated decisions on how to maximize the value of their real estate.
As a recent article in InformationWeek outlines, business intelligence SaaS is gaining in popularity because "you can feed data into BI to get results without diving into a spaghetti tangle of issues related to SaaS and on-premise software systems." And it's true. Because the data needed to provide the "intelligence" component of business intelligence is contained in a hosted environment, accessing and processing that data is quick, easy, and relatively painless. In the case of PeopleCube, customers leverage their Resource Scheduler on demand application to schedule conference rooms, alternative workspace, and other corporate assets. Because they host the application, it is quite simple for PeopleCube or any hosting company to extract that data into a business intelligence application (which is usually the most difficult component of this process) such as their Workplace BI because, if for no other reason, it's the data from their own application. From there the data can be analyzed quickly and easily with near-immediate results - and it's those results that proves the real value of BI.
Business intelligence SaaS is here to stay. But what we do with that intelligence is what makes the difference.
Business intelligence involves different strategies. The BI task can be handled with the aid of application software. Application software is broadly categorized under class of computer software that enables a computer to function in accordance with what the user desires.
Posted by: wto-center.org | July 09, 2009 at 02:41 AM