Blog: William McKnight

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LucidEra Launches

I listened in on Ken Rudin, CEO of LucidEra, launch LucidEra today with the teleconference "LucidEra: The OnDemand Path to Business Intelligence.” Ken went into the background of where business intelligence is and how that has led to the launch of LucidEra. According to Ken, business intelligence has lost its way. The BI vendors are now adding features that are interesting to only a few. Their numbers are off due to disinterest in upgrading and inability of the client community, especially in their target market - the midmarket, to handle the complexity. The main trend remains basic reports answering key questions.

Ken is concerned about BI growth with the current model and sees consolidation among Business Objects, Cognos, Hyperion and perhaps others. They are focused on esoteric "search and mobile" features when the market still mostly needs basic reporting.

He made an interesting remark that business intelligence should be a "right" of all employees and, taking that approach, an end client would avoid the esoterics and focus on the basics and mass distribution of information. That's what LucidEra is about.

I've blogged before about LucidEra so I'll leave my thoughts in that entry. For those interested, they have launched.

Technorati tags: LucidEra, SaaS, Business Intelligence Market, midmarket

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