Fairfax, VA (PRWEB) January 21, 2013
Chief executives in all aspects of business are likely to cringe when the words “Business Intelligence” or “BI” are mentioned. The reason for this cringe-worthy reaction has been identified by Gartner, Forrester, and IDC – all of which point to three key pain points: time to market, complex user interface, and negative ROI. While the latest release of DataRPM’s Instant Analytics platform for ISVs addressed time to market and complex UI -- with an ability to launch a complete embedded product in minutes all through a browser -- the third challenge remained.
With today’s announcement, DataRPM is solving the poor ROI problem that has plagued the industry for the last two decades, with the launch of a disruptive pricing model designed to guarantee immediate positive ROI to ISVs.
“Being a founder and a CEO at three software companies prior to DataRPM, one of my biggest frustrations embedding BI was the negative ROI. As a software company so focused on enhancing our core solution, the last thing we wanted to worry about is a negative ROI from an embedded solution,” said Sundeep Sanghavi, Co-Founder & CEO of DataRPM. “We want every CxO to feel 100% comfortable with the decision to embed our Instant Analytics platform into their software.”
This announcement is a welcome addition to the platform, given that DataRPM already enables Independent Software Vendors and niche analytics firms with a unique ability to create and publish analytics solutions just from their browser at a fraction of time and cost of traditional BI solutions. The ISV can create the solution once and publish to many customers at the click of a button. The end users can mashup data from any source; intuitively slice and dice, build ad hoc reports and dynamic dashboards, and collaborate between stakeholders using the built-in social media. The ROI is calculated by a very simple no-nonsense formula that will be spelled out in the SaaS Contract.
“This is a no-brainier for any ISV who is evaluating Buy, Build or Embed for their customer’s BI & analytics needs. DataRPM’s search based technology provides amazing flexibility, agility, affordability and speed compared to any BI solutions we have seen in the marketplace,” said Don Prodehl, Vice President of Avectra, a DataRPM customer.
The secret sauce that enables DataRPM to offer this unprecedented ROI guarantee is a revolutionary Search Based Analytics technology. The company has re-engineered the BI technology stack from the ground-up to solve the problems that have plagued BI world for decades. This innovative technology enables big data scale with commodity hardware, delivers rapid BI deployments, supports dynamic changes seamlessly, offers higher security on the cloud and enables real-time responses on ad-hoc queries on any data from any source, without requiring upfront investment into infrastructure, expertise, software development or education. As such, ISVs can go live with a scalable analytics solution instantly at extremely low price points and generate significantly higher revenue immediately, all of which results in a positive ROI.
“This announcement simply quantifies our commitment to continue to disrupt the BI & Analytics market,” adds Mr. Sanghavi.
DataRPM delivers industry's first Instant Analytics platform on the cloud designed for ISVs, niche analytics firms, and enterprises to build multi-tenant business intelligence and embedded analytics solutions for their customers just from the browser. DataRPM’s unique search based technology enables users to mashup data from any source for real-time ad-hoc analysis with the ability to do slice and dice, drill downs and search, build reports with rich visualizations and dynamic dashboards, and collaborate in-place among stakeholders to make informed decisions. DataRPM is founded by serial entrepreneurs and technologists and possesses a superb customer adoption rate. DataRPM won the Tech Cocktail Hottest Showcasing Startup in DC in August 2012. For more information, visit http://DataRPM.com.