The cloud eliminates the need to buy, install, and manage hardware and software, significantly reducing the cost of implementing BI solutions while speeding delivery times.
One new company hoping to cash in on the movement to run BI in the cloud is RedRock BI, which offers a complete BI stack in the cloud starting at $2,500 a month for up to 2TB of data. The service runs on Amazon EC2, leverages Amazon RedShift, and comes with a single-premise cloud upload utility, 120 hours of Syncsort's ETL service, a five-user license to the Yellowfin BI tools, and five hours of RedRock BI support.
This makes RedRock BI an order of magnitude cheaper than any other full-stack BI solution on the market, according to Doug Slemmer, who runs RedRock BI. And customers can expand their implementations inexpensively, he says. An additional 2TB of data costs $650 a month, 120 hours of Syncsort ETL costs $750 a month, and additional Yellowfin users go for $70 a month each.
Slemmer doesn't expect RedRock BI's current pricing advantage to continue indefinitely. He expects other firms will soon combine off-the-shelf BI services and tools to create affordable cloud-based BI packages for the mid-market and departments at larger companies. As a result, Slemmer said he hopes to capitalize on RedRock BI's first-mover advantage by aggressively promoting its services.
RedRock BI released its cloud service for general availability on February 28, and has one paying customer, Dickey's Barbecue Pit. Several more are conducting five proofs of concept. For more information, go to www.redrockbi.com.
Posted March 4, 2014 5:21 PM
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