The Business Intelligence (BI) market place is ripe for change and today is a very interesting picture. BI is now affordable and available to the masses, with the power now back with the business. Managers and employees can conduct their own data queries, analysis and create dashboards.
So why have things changed so dramatically since the QlikView revolution? The traditional approach to analysing data was cumbersome and very expensive having to get IT to pre-build data cubes every time a new data analysis was required. This meaning that BI projects could last for months and only available to the higher tier for companies in the food chain.
Today the shortcomings of traditional OLAP solutions are coming to an end with the introduction of in-memory solutions from QlikTech. We are in the age of lower cost 64-bit computing, increased memory availability, faster processors and all at affordable costs. Thus meaning that with the right tools real-time analysis is available today. The development and IT costs to the business with QlikView are a fraction of traditional OLAP architecture as there is now no cost to define and re-define the cubes. This also means that the ongoing support costs for the business would also be a fraction of the traditional means.
Business Intelligence today with QlikView in-memory analysis and reporting allows your business users to have a 'self service' view with a single version of the truth with visible results.