Contrary to popular belief, a BI initiative need not be painfully expensive. An enterprise can implement an effective BI solution consisting of existing software and reasonably-priced technology. This research note shows how to keep costs down by addressing the following areas:
- Cost-effective reporting and analysis tools.
- Affordable data mining and Online Analytical Processing (OLAP) solutions.
- Low-cost BI software suites.
- An economical approach to data warehousing.
In light of these low-priced alternatives, a BI initiative may not be beyond the enterprise's budget after all.