What Are the Advantages of Cloud BI

By Web Desk Mar 1 2023 6:16PM

The cloud-based solutions are gaining wide popularity these days it has started to implement in businesses to enhance productivity and performance. Cloud BI, combines cloud computing and business intelligence transforming data into actionable insights either partially or entirely within a cloud environment. Cloud BI helps organizations to make data-driven decisions easily and effectively. 

The cloud-BI applications published on the virtual network will provide access to BI-related data such as dashboards, KPIs, and other business analytics. Some important examples of Cloud-BI applications are Customer Relationship Management (CRM) Software, Helpdesk applications, online collaboration tools, internet file storage, and more. 

Cloud-BI can be implemented in three methods: Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). The easily accessible cloud-based software can be used on a pay-as-you-go basis and this is ideal for businesses that want to avoid making a long-term commitment. The cloud-based PaaS platform can be used for developing and deploying custom applications. AWS Elastic Beanstalk and Google App Engine are some examples of PaaS applications. IaaS is a cloud-based infrastructure ideal for businesses that need a more comprehensive BI solution. This will provide access to storage, networking, and computing resources.

Here are some of the benefits of Cloud BI:

  • Quick and easy deployment 
  • Automatic software updates and implementation of new features
  • Can be accessed from anywhere on any device
  • Flexible and scalable
  • Pay-as-you-go pricing
  • Increased collaboration
  • Leads to reduced overhead costs
  • Can process data rapidly and recheck data anytime
  • Can share data securely with team members

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