Evaluating Packaged BI Solutions

Overview

A decade ago not many people would have considered it worthwhile to discuss packaged Business Intelligence (BI) solutions. A large majority of the BI solutions, if not all, were custom implementations tailored specifically to meet the needs of the organization. A lot of things have changed in the last ten years and packaged BI solutions have shot into prominence. Speed seems to be of primary importance in today's world and packaged BI solutions are found to satiate this need for rapid implementations. In addition, more often than not, buying a vendor-supported software package is found to have a lower Total Cost of Ownership (TCO).