BI3.net is a Business Intelligence (BI) Software Company that delivers its solutions using an Application Service Provider (ASP) model. Specifically BI3.net offers On Line Analytical Processing (OLAP) on a low cost subscription basis to small and medium sized companies via the Web. Until now, most of these 4.5 million target companies have either not been exposed to, or have been unable to afford the very expensive BI business tools and implementation methods.
OLAP tools provide end users with multi-dimensional and graphical views (information cubes) of aggregate data providing quick interactive access to strategic business information. OLAP enables managers and executives to "slice and dice" information, "drill down" through multiple information layers with simple mouse clicks, answering ad hoc "what if" and "why" scenarios. OLAP saves time needed to deploy systems analysts to develop specific reports for business intelligence analysis.
This is especially valuable today where such resources are at a premium or simply not available to companies in the target market. OLAP is routinely made available to executive at large companies who can afford the major cost of OLAP software and its implementation ($250,000 +). OLAP provides near instant ability to model real business trends and problems allowing management to respond more quickly to market demands resulting in improved revenue and profitability.
BI3.net's unique value proposition is that it offers pre-defined analytical applications as templates or "cubes" for a number of general business functions (such as Finance, Sales, HR, Marketing, Purchasing, Production, Distribution and Customer Service) "off the shelf" together with OLAP software "rental" or subscription fees over the Web. Software subscriptions are offered for as little as $125 per measured month's use that even the very small businesses can be targeted for The Company's BI Applications. While capable of developing far more complex analytical applications through partnerships with BI Consultants, The Company intends to focus on providing its standard solutions to ensure rapid time to benefit and return on investment for its subscribers.
The Company has extensive VAR channel experience and offers its ASP services to selective VAR's and Dealers for their own use first and secondly as an attractive addition to their current products. Besides benefiting from OLAP in their own organization, VAR's can share in significant subscription and implementation fees by hosting The Company's OLAP services on a customized portal supplied by BI3.net VAR's and Dealers will be able to display their own business name, custom messages, banner ads and content on the BI3.net Portal.
