DATARPM said it was launching an embedded platform for ROI guarantee which ISVs could use to publish their own analytics solution for their customers within minutes. What is more, this data can be deployed in seconds to millions of customers from a Net browser.
With the launch of this platform, DataRPM claimed it was solving the poor ROI problem that has plagued the industry for the last two decades. The platform is designed to remove the pains that exist in the data analysis world today. The simple and intuitive UI works like any other consumer app.
“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 per cent comfortable with the decision to embed our Instant Analytics platform into their software.”
Already, the US-based company has a product that allows ISVs and niche analytics firms the 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.
DataRPM has a secret Search Based Analytics technology driving the new platform. The company says it had re-engineered the BI technology stack from the ground-up to solve the problems that had troubled 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.