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Total Cost of Ownership: Delivering Cost Effective Enterprise Business Intelligence



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Articles in Business Technology
Excerpt:

Businesses today are demanding more and more out of the same amount of IT budget. As a result, many Business Intelligence (BI) buyers are seeking better ways to assess an initiative's Return on Investment (ROI). Evaluating ROI requires two components:

  1. The business value delivered
  2. The investment costs spent

The business value of a BI application is often difficult to measure, given that value will continue to evolve and grow over the application's lifetime.

It is essential for BI buyers to evaluate the Total Cost of Ownership, since today's IT budgets have come under increasing scrutiny and business requirements have become more complex. Business intelligence applications must now be developed, deployed and maintained with the minimum of IT resources, while serving more users across the global organization.

Clearly, the BI architecture can be either a liability or an asset to IT departments. A technologically superior architecture will meet a broad range of end user needs while minimizing the amount of IT maintenance and administration.

MicroStrategy provides the technical capabilities necessary for cost effective BI. For example, the capability for user self-service, including MicroStrategy's advanced report prompts and surf and save reports, dramatically reduces the need for trained IT report developers.