Collection: Business Intelligence

Selling IT products or services to companies using traditional or old technologies can be perceived as easier for several reasons:

  1. Legacy Systems Dependence:

    • Many established companies rely on legacy systems that have been in place for years. These systems are often deeply integrated into the company's operations, making it challenging for them to transition to new technologies. Vendors offering solutions compatible with these legacy systems have a competitive advantage.
  2. Risk Aversion:

    • Companies with traditional technologies may be more risk-averse. They may prefer to stick with what they know and are familiar with rather than adopting new, untested technologies. Vendors offering solutions that align with existing technologies may face less resistance from risk-averse clients.
  3. Budget Constraints:

    • Upgrading to new technologies often involves significant upfront costs, including not just the cost of the new technology but also the expenses associated with training, implementation, and potential disruptions to business operations. Companies with limited budgets may be more inclined to stick with their current systems if they are still functional.
  4. Lack of In-House Expertise:

    • Companies using traditional technologies may lack the in-house expertise required to implement and manage new, cutting-edge solutions. Vendors offering products that are easy to integrate and require minimal changes to existing workflows may find it easier to sell to such companies.
  5. Vendor Lock-In:

    • Some companies may feel locked into their current technology stack due to proprietary formats, dependencies, or contractual obligations with existing vendors. IT vendors offering solutions that can work within or alongside these constraints may have a competitive edge.
  6. Regulatory Compliance:

    • Certain industries have strict regulatory requirements, and companies may be hesitant to adopt new technologies that could pose compliance challenges. Vendors who can demonstrate that their solutions comply with industry regulations and standards may find it easier to sell to companies in these sectors.
  7. Customization and Integration Challenges:

    • Companies with older technologies may have heavily customized systems that would be difficult to replace. Vendors offering solutions that can seamlessly integrate with and enhance these customized systems may have a better chance of making a sale.
  8. Proven Track Record:

    • Vendors with a proven track record of successfully working with companies using traditional technologies may build trust more easily. Demonstrating past success in similar environments can be a persuasive factor for potential clients.

 

 TRADITIONAL BI PRODUCTS:

 

Tech Market Share
number of companies using this solution
Tableau 111,992 16%
Microsoft power BI 94,684 13%
Segment 40,751 < 5%
QlikTech 38,876 < 5%
QlikView 38,862 < 5%
Cognos 35,786 < 5%
Hyperion 26,995 < 5%
Oracle Hyperion Enterprise 25,862 < 5%
Keen 23,024 < 5%
Google Data Studio 20,774 < 5%
SAP Business Objects 19,877 < 5%
Looker 14,906 < 5%
MicroStrategy 13,494 < 5%
Alteryx 13,267 < 5%
Qlik Sense 13,116 < 5%
Oracle Business Intelligence Enterprise Edition 12,336 < 5%
Pentaho 12,331 < 5%
amCharts 8,975 < 5%
Tableau Server 8,717 < 5%
Tableau Desktop 7,731 < 5%
Tibco Spotfire 7,092 < 5%
Domo 6,382 < 5%
Jaspersoft 5,481 < 5%
SAS Enterprise 4,559 < 5%
Amazon QuickSight 3,782 < 5%
Cognos 8 3,688 < 5%
Treasure Data 3,423 < 5%
SAP Crystal Reports 3,238 < 5%
SAP Analytics Cloud 3,031 < 5%
Cognos 10 2,908 < 5%
SiSense 2,906 < 5%
Google Chart Tools 2,822 < 5%
Information Builders 2,703 < 5%
Oracle Business Intelligence Publisher 2,569 < 5%

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