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From the Founder of Good Data, NetBeans and Systinet

Roman Stanek

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Top Stories by Roman Stanek

Business Intelligence projects are famous for low success rates, high costs and time overruns. The economics of BI are visibly broken, and have been for years. Yet BI remains the #1 technology priority according to Gartner. We could paraphrase Lee Iacocca and say: People want economical Business Intelligence solutions and they will pay ANY price to get it. Nobody argues with the need for more Business Intelligence; BI is one of the few remaining IT initiatives that can make companies more competitive. But only the largest companies can live with the costs or the high failure rates. BI is a luxury. I believe that the bad economics of BI are rooted in the IT department/BI vendor duopoly on BI infrastructure. This post focuses on IT’s inability to deliver efficient BI projects; I will write about the BI industry in my next blog: There are three fundamental reasons why... (more)

LucidEra: the People Express of On-Demand BI?

I am not happy to see LucidEra disappearing. It is not a good sign for the SaaS BI market in general and the startups in our space specifically. And I still believe Rob Ashe (IBM/Cognos) was wrong when he said that “BI doesn’t lend itself to SaaS”. There are some fundamental differences between first generation SaaS BI providers and true cloud-based platforms like Good Data. Some of them are technological while others are simply common sense: Good Data is based on true cloud architecture We use Amazon Web Services to host our multitenant platform and so we have minimal fixed and ... (more)

Filling in Big Data’s Missing Link: Making Big Data Pay for Itself

Say hello to Bashes — the first cloud-apps that enable companies to turn Big Data into new sources of revenue I don’t want to sound overly dramatic, but today’s the day GoodData makes it possible for companies to finally monetize Big Data. That’s because today we unveil our first Bashes — cloud-based business mashups — on our platform that enable anyone, in any size business, to turn mountains of disparate data into insight that finds new sources of revenue, boosts profit and builds a competitive edge. We call these new solutions Bashes because they combine the best elements of ... (more)

Please Don’t Let the Cloud Ruin SaaS

SaaS Journal on Ulitzer Back in the old good days of enterprise software, we did not need to worry about our customers. We delivered bits on DVDs – it was up to the customers to struggle with installation, integration, management, customization and other aspects of software operations. We collected all the cash upfront, took another 25% in annual maintenance. Throwing software over the wall … that’s how we did it. Sometimes almost literally… I now live in the SaaS world. My customers only pay us if we deliver a service level consistent with our SLAs. We are responsible for deploym... (more)

Bad Economics Are Difficult to Shake Off

GoodData Session at Cloud Expo September 24, 2009 - Terry Pratchett once wrote that “Gravity is a habit that is hard to shake off”. We could make a similar comment about the financials of SaaS BI companies. As much as startups in this field would like to shake off their bad economics, reality always catches up. We’re seeing one after another SaaS BI startup to go out of business. Back in June it was LucidEra and earlier this week Blink Logic ceased operations. But anybody who only briefly looked at Blink Logic’s finances (it was a public company) shouldn’t be surprised by this ev... (more)