Open source business intelligence

Seeing what happen to big companies facing markets uncertainty, my note walk to pages explaining about business intelligence. I’m sure that big companies must employ business intelligence tools, software and distinguish staffs to ensure valid decision making. Business intelligence involves complicated tasks, computerized, and working in fast speed. Now, there options to employ open source-based application to develop business intelligence system.

Maybe it will reduce the cost?

Before answer the questions, let see what the expert says about business intelligence. According to Forrester, business intelligence is a set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision-making. It implies that business intelligence consists technologies such as data management (quality, integration), text and content analytic, and others.

Webopedia calls business intelligence as the tools and systems that play a key role in the strategic planning process of the corporation. These systems allow a company to gather, store, access and analyze corporate data to aid in decision-making

Open source platform is predicted will be adopted faster than commercial, says an analyst.”The biggest trend we see is the rapidly increasing adoption of OSBI [open source business intelligence] as a means to provide critical reports, dashboards and analysis to business users at far less costs than the traditional, proprietary BI solutions,” said Joe Nicholson, vice president of product marketing at Pentaho.

Nicholson sees that major efforts to deal with the ever-increasing data volumes with technologies like Hadoop as well as efforts that continue to drive ever-increasing BI use throughout organizations.