Businesses continue to seek tools to analyze data for improved decision-making. It enables them to run their operations efficiently. And with the cloud becoming mainstream for organizations of all sizes, it is now embraced with business intelligence (BI) strategies. While BI helps them deliver the correct information at the right time, Cloud BI provides access to data from anywhere.
This blog will discuss specifics of cloud business intelligence, how it works, its advantages, capabilities to look for in BI software, top BI tools, and how Rishabh Software can help you with Cloud BI solution development.
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It refers to transforming data into actionable insights within a cloud environment. It uses cloud-based platforms and services (AWS, Azure & more) to gather, store, analyze, and share data in real time. And it is without the need for on-premises infrastructure or hardware. Cloud BI enables businesses to store and manage their data in the cloud, allowing them to scale up or down quickly as their needs change.
With Cloud BI, organizations can access data from multiple sources, such as databases, spreadsheets, and other applications, and analyze it using sophisticated algorithms and data models. The insights generated from these analyses can help organizations make data-driven decisions and gain a competitive advantage. Often provided through a Software-as-a-Service (SaaS) model, it offers users access to the software through a web browser rather than installing it on their hardware. It allows for greater flexibility and mobility, as users can access their data and BI tools from anywhere with an internet connection.
Cloud BI is becoming increasingly popular as organizations seek to take advantage of the scalability and flexibility of cloud computing. By leveraging cloud BI, businesses can reduce hardware and software maintenance costs while improving their ability to analyze and act on their data.
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Cloud BI offers higher flexibility, scalability, affordability & security to your critical business data & insights.
Listed below are the basic steps to suggest how cloud BI works:
You have to choose one of the following three cloud deployment options for your BI solution:
While cloud-based business intelligence offers immense benefits to organizations. Following are the key advantages:
Choosing the proper structure for your cloud BI software is essential to meet your company’s needs. While BI tools comprise various components for analytics & reporting, they could differ in their offerings. And while selecting a cloud BI solution, listed below are some of the capabilities to look for:
By considering these capabilities, organizations can select a cloud BI solution that meets their needs and enables them to make data-driven decisions.
We are happy to provide an end-to-end consultation for your cloud BI solution development & deployment.
Following are some of the most preferred & popular cloud BI software:
It is a leading business intelligence tool recognized for its analytics & visualization capabilities. It is an excellent tool for non-technical business users.
Please read our blog on Power BI benefits & use cases.
A popular business intelligence tool recognized for its visual analytics capabilities.
SQL Server Reporting Services (SSRS) provides an on-premise set of tools & services that help create graphical, mobile & printed reports using SQL servers & other data sources.
A data analytics & business intelligence software, it offers strong AI & ML (Machine Learning) capabilities.
It is a big data analytics & business intelligence software. It is recognized for its ML and reporting capabilities.
With our focused business intelligence development services, we offer data-driven business analytics. We have an experienced team with technical proficiency in using BI tools like Power BI, Tableau & more. We help you define BI strategy while architecting & implementing the needed infrastructure. Our team helps integrate multi-source data and apply analytics techniques to automatically extract insights from the input records.
Listed below are two from many of our success stories helping customers globally;
A US-based F&B & Resort management company wanted to eliminate data silos and efficiently manage disparate data from 20+ sources. It was an outcome of multiple acquisitions with varied data source integration. They tried to unify their business data and merge numerous business applications.
We helped create a data warehouse and utilized Microsoft SQL Server Analysis Services (SSAS) and Power BI to map the various KPIs, including expense management, demand forecasting & customer satisfaction.
Read more about how the developed cloud-based data warehouse system enabled the US-based hospitality giant enabled the US-based hospitality giant to manage disparate data from 20+ sources & derive valuable insights as per their needs.
A UK-based medical service provider wanted to build a system that offers real-time human activity recognition within the clinical systems to improve efficiency & patient care.
Our team developed an ML-based healthcare monitoring system to help collate the recorded data (historical & current health data sets) from various connected devices and the patient’s vitals. The customer dashboard incorporates metrics beyond traditional activity identification models and creates a dashboard based on multiple parameters such as gender, age, illness, treatment group, and more.
Read more about how the developed Machine Learning driven healthcare monitoring system enabled the UK-based medical service provider to improve clinical efficiency and patient care.
The potential of cloud BI, like cloud computing, is unbelievable. Modern enterprises are migrating to the cloud and enjoying the benefits, including lowered cost, increased deployment speed & ease of use. And Cloud BI has the potential to become the future backbone for analytics and BI strategies for enterprises of any size. Cloud BI tools help you get a comprehensive perspective — anytime and at your convenience. With analytics and visuals, Cloud BI software can transform numbers with analytics and graphics into compelling stories that are easier to read & comprehend.