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On-Demand Analytics

 

“LucidEra is leading the second major on-demand revolution – the ability to get the data ‘out’, and analyze all the data captured by transactional systems.”

Ken Rudin, CEO LucidEra — quoted in salesforce.com press release >>

 

Why On-Demand Analytics?

Where is this growing interest for on-demand analytics coming from? Looking at the business intelligence (BI) market today points to two main factors driving customer demand: complexity and cost.

Complexity Issues – Traditional BI solutions are complicated, requiring people with specialized skills to implement and manage them. You need to deploy an extraction, transformation, and load (ETL) engine, you need to build a data warehouse, you need to have a data cleansing solution in place, you need to implement an online analytical processing (OLAP) engine, and so on. Because of this, the prospect of deploying a BI solution is overwhelming to many. Most companies just don’t have the in-house skills needed to build and maintain a traditional BI solution.

Cost Issues – Because of this complexity, BI solutions have also historically been expensive. First, there are many hardware and software components that you need to buy before you have a complete solution that can pull together data from multiple sources to give you visibility into what’s going on in your part of the company. Second, once you have all the pieces, you then incur significant additional costs over the next 6-12 months as the solution is implemented.

On-Demand – A Mindset, not a Feature Set

To truly provide meaningful new solutions that address long-standing market issues, you need a different approach to thinking about the problem. The on-demand approach is much less about focusing on a particular feature set, and much more about focusing on a mindset. It’s a mindset that is service-oriented rather than product-oriented. It has security, simplicity and the end-user experience as the critical focus areas.

LucidEra takes care of the “heavy lifting” of data aggregation, integration, and cleansing and delivers simple-to-use analytics so you can focus on your job while getting the answers and insights you need. Why build a nuclear reactor when all you want is power?

Learn about IT Innovation, Not Infrastructure >>