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Leading Analyst Documents Dramatic Cost Savings with Pentaho Open Source BI
Orlando, FL – May 26, 2010 – Pentaho Corporation, the open source business intelligence (BI) leader, today announced a new analyst report by Mark Madsen, president of Third Nature, that shows how firms are saving hundreds of thousands, if not millions, of dollars with open source BI. The report titled, Lowering the Cost of Business Intelligence With Open Source, digs deep to answer the question whether commercial open source BI matters when it comes to lowering software license and support costs? How real are cost savings? How much does BI software and ongoing support actually cost? The report pulled real numbers from public sources and direct from the vendors revealing and comparing BI software and support costs for Pentaho, IBM (Cognos), MicroStrategy, Oracle and SAP (Business Objects). The report is available for download by visitingwww.pentaho.com/lower_bi_costs.
Key findings in this research:
- BI software and support costs are dramatically lower with Pentaho commercial open source.
- Companies with small BI projects can save about 50% or $36,000 on software and support costs with commercial open source compared to proprietary vendors. For larger BI projects serving 500 users or more, using Open Source BI, companies can save over 90% or an average of $1,500,000.
- Companies with small BI projects can save about 50% or $36,000 on software and support costs with commercial open source compared to proprietary vendors. For larger BI projects serving 500 users or more, using Open Source BI, companies can save over 90% or an average of $1,500,000.
- Proprietary pricing models are far too complex for the BI buyer and often lead to over purchasing versus the vendor transparency and licensing simplicity with commercial open source BI.
- Companies looking to slash support cost should target replacement opportunities to switch to commercial open source BI. The largest cost savings opportunities are realized when starting new projects using open source BI.
Quotes and Multimedia
"We knew that Pentaho was a cost-effective solution, and this recent analyst cost comparison report verifies that," said Richard Daley, founder and CEO of Pentaho. "These transparent reports are very valuable in showing why Pentaho is the leading OSBI vendor with top rated services and cost effective solutions."
"Companies looking to discover how to significantly reduce the cost of BI and cut through licensing complexity with commercial open source will find this cost comparison report a valuable guidebook," said Mark Madsen, president at Third Nature. "This report gives transparency to the proprietary vendors who often make it difficult for users to compare their offerings."
Download a complimentary copy of 'Lowering the Cost of Business Intelligence With Open Source' at www.pentaho.com/lower_bi_costs.
Visit the Pentaho digital newsroom to find out what’s new at Pentaho and join the conversation on The BI From the Swamp Blog, Twitter, Facebook and LinkedIn http://www.pentaho.com/press-room/.
About Mark Madsen
Mark Madsen is a research analyst focused on information management, BI and analytics. Mark is an award winning architect and former CTO whose work has been featured in numerous industry publications. He is an international speaker and manages the open source channel at the business Intelligence Network. For more information or to contact Mark, visit http://ThirdNature.net.
About Third Nature
Third Nature is a research and consulting firm focused on new practices and emerging technology for business intelligence, data integrations and information management. The goal of the company is to help organizations learn how to take advantage of new information driven management practices and applications. We offer consulting, education and research services to support business and IT organizations and technology vendors.
About Pentaho Corporation
Pentaho Corporation is the open source business intelligence leader. Thousands of global organizations deploy Pentaho software to make faster and better business decisions that positively impact their bottom lines. Pentaho provides a comprehensive BI suite that includes capabilities for data integration/ETL, modeling, data mining,analysis, reporting and dashboards. The Pentaho BI suite supports the company’s Agile BI initiative, which enables organizations to build BI applications more quickly, respond to business changes more easily and expedite time-to-value for up to 90% less cost than traditional BI vendors. Pentaho was founded in 2004 and is headquartered in Orlando, FL, USA. For more information, visit www.pentaho.com.
