BI and DW in the cloud has been avoided by companies for a while now. There are many reasons that are attributed for the slow start.
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Companies want to play the wait and watch approach when it comes to moving BI to the cloud
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The offered solutions were not straightforward and not much cost effective
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Employees needed to be retrained if a new analytics application is forced on them
But with Amazon’s new Redshift service, the DW in the cloud can be integrated with the existing Business Intelligence tools. This is a big step in the right direction. There are significant advantages to using Redshift vs traditional Data warehouse.
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Scaling the service is a breeze and you can expand at will ( Flexible )
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Predicted to be 1/10th the cost in maintaining the data warehouse.(Cost effective)
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Integrates with existing business intelligence tools. ( Ease of use )
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No maintenance and deployment issues.
From amazon’s blog
Amazon Redshift is a fast, fully managed, petabyte-scale data warehouse service that makes it simple and cost-effective to efficiently analyze all your data using your existing business intelligence tools. It is optimized for datasets ranging from a few hundred gigabytes to a petabyte or more and costs less than $1,000 per terabyte per year, a tenth the cost of most traditional data warehousing solutions.
Introductory video about Amazon Redshift
I don’t see a better narrative or a time to start moving to a cloud based BI solution than now. And Redshift is Amazon’s way of saying “Your Move Teradata”..
Useful Links
Redshift: http://aws.amazon.com/redshift/
Pricing : http://aws.typepad.com/aws/2013/02/amazon-redshift-now-broadly-available.html
Microstrategy Integration : https://aws.amazon.com/marketplace/pp/B00A41ASWK/ref=srh_res_product_title?ie=UTF8&sr=0-4&qid=1360808044401
