There are many options for firms seeking to implement business analytics on a budget. Here is a brief summary of open-source and low cost software for business analytics. I'll evaluate and review some of these in future postings.
This site lists more than a hundred different free/low-cost packages for stats and quants. Here's another link. The most widely used open-source stat software is the R Project.
In the broader BI world, Jaspersoft provides a true open-source platform that supports BI, DI, reporting, analysis and dashboards. For up to one hundred users, MicroStrategy Reporting Suite is free. This product offers an interface to Microsoft SQL Server Analysis Services.
There are also a number of BI platforms available at relatively low cost. TIBCO Spotfire provides a wide range of functionality, and is offered as a hosted application at relatively low cost. Tableau Software offers an excellent server-based option; Tableau and Spotfire are both listed as Challengers in Gartner's BI Magic Quadrant. Dimensional Insight offers a third option, and is also available as an on-demand solution.
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