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Article: BI Landscape Is A-Changin'; New technologies and mergers put the business intelligence sector on verge of an evolution.
- Article from:
- eWeek
- Article date:
- March 29, 2007
- Author:
CopyrightCopyright (c) 2007 Ziff Davis Media Inc. All Rights Reserved. Originally appearing in eWEEK.com. Provided by ProQuest LLC. (Hide copyright information)
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Adriel Lares has a lot to think about. Since joining 3PARdata in 2001, he has led the company's treasury, debt and financing activities, including equity rounds for $32 million and $30 million last year. At the same time, the company is growing fast, creating metrics and processes Lares needs to keep on top of.
As the chief financial officer at the eight-year-old utility storage company, Lares found he needed business intelligence and analytics capabilities, but 3PAR lacked the financial wherewithal to acquire the software and hardware needed to run a traditional BI system.
Resigned to managing financial and sales data on a spreadsheet, Lares was inadvertently introduced to LucidEra, an ...