| Topic : open source business models |
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Business Analysts In IT |
Business intelligence and Data Warehousing |
MySQL |
3 more ...
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Source : http://coffeewithviktor.blogspot.com
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last activity : 07 06 2010 20:18:04 +0000
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Open Source as a Business Model
In order to be competitive in whatever market or business you're in, companies need to be very smart and use analytics to run their businesses. You have to have the leanest, meanest logistics supply chain. You have to know that the market's going to turn so that you don't have too much inventory. If you don't do that very well, you won't survive very long. "We've seen a lot of Tier 1 companies go bankrupt in the last little while because of that" says Tuerk (CEO InfoBright).
The reason business intelligence and analytics has grown so much is because the volume of data, the pervasiveness of electronic services, is exploding. So now, instead of just having a CEO run a report and look at metrics, every single employee in the company is doing that.
Why open source?
You can just go to the Web site, you can download it, and you can get it up and running. You haven't had to go through procurement; you haven't had to have legal review a contract. You haven't had to go through the architectural review board. If you're a database administrator in a bank whose vice president of risk management comes to you and says, "I've got all these mortgage CDOs and all of a sudden they're not worth anything. I need you to run some analysis." You need to be able to do it fast without having to deal with your own bureaucracy.
So in 2006, Infobright took two steps toward open source.
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The link appears to be broken. |
Enterprise Mobile Apps |
Both will continue to co-exist. Mobile phones and tablets with their small screen size and inferior input methods and not yet poised to replace PCs and laptop computers. |