LucidEra set to rock Business Intelligence market

By Vivek Puri

 
LucidEra, the On-Demand  Business Intelligence platform provider will officially come out of stealth mode on 15th November. Ken Rudin, CEO, LucidEra will be speaking at a teleconference hosted by Credit Suisse detailing the vision of LucidEra and announcement of the upcoming launch. LucidEra will be launching its beta in December and the official release will be coming sometime in January 2007. In my talk with Ken Rudin, he mentioned that they have already been talking with number of potential customers who are interested in participating in the beta program starting next month.

LucidEra product is squarely targeted at mid-sized companies having 1000 or fewer employees and who don’t have the expertise to run a full scale analytics application to get better insights into their business. Using the pre-built Forecast-to-billing application provided by LucidEra, customers will be able to analyze their sales data and get better understanding about their customers, partners, and competitors. LucidEra will also enable customers to analyze cash flow, booked revenue by industry, loan debt effectiveness, sales team performance, product performance, and changes in these metrics over time among other analytics.

As part of future plans after the launch, LucidEra will work on building 360 degree customer view application that will provide holistic view of customers. LucidEra will also work on providing pre-built application for Marketing analytics that will enable detailed analysis of customer segmentation, lead analysis and various other measures. LucidEra will be opening up it’s API sometime late next year to enable external providers to build applications.

Related:
LucidEra to launch On-Demand Analytics

Links:
LucidEra

3 Responses to “LucidEra set to rock Business Intelligence market”

  1. StartupSquad » Blog Archive » 8 startups to watch-out for in 2007 Says:

    [...] 2. LucidEra(Enterprise): I have written about LucidEra couple of times in the past. LucidEra is led by Ken Rudin who previously worked as VP and General Manager of Siebel CRM OnDemand at Siebel Systems and before that was co-founder and CEO of Emergent Corp which was acquired by Keane in 1999. Given his strong experience in building enterprise class product and recognizing the shortcomings of existing BI offerings, Ken founded LucidEra in 2004 with an aim to deliver an On-Demand BI platform. With handful of really smart people taken from Siebel, Business Objects, Informatica, Apple, and  $7 million funding from Matrix Partners and Benchmark Capital, LucidEra is set to bring a sea change to the Enterprise data computing landscape. [...]

  2. StartupSquad » Blog Archive » DabbleDB keeps getting better Says:

    [...] I would still like to mention that LucidEra, the Enterprise 2.0 BI company for real, will have its awesome reporting/analytics interface and capabilities to show off pretty soon. However most of the application feature will stay out of bound for most of us ‘cause of the high price tag compared to Dabble DB. Hope LucidEra also plans a consumer version. [...]

  3. StartupSquad » Blog Archive » LucidEra launches; Enterprise BI goes On-Demand Says:

    [...] One of the most awaited startups to launch in 2007 has opened its door to new customers. LucidEra has launched its On-Demand BI platform and is all set to shake the enterprise reporting and data integration world. I have written about LucidEra couple of times before, so won’t like to repeat the basics. Enterprise customers will be able to take the advantage of LucidEra’s built-from-scratch platform and pre-built solutions to deliver highly responsive end user reporting capabilities. All this will come at a considerable low cost of implementation and maintenance that will for sure make existing BI product customers rethink their long-term data integration strategy. Apart from the product launch, I like Ken Rudin’ argument that while Oracle, Cognos, BusinessObjects go about integrating their recent acquisitions for the next 1-2 years, LucidEra will have its freshly baked product to deliver the next generation analytic and reporting capabilities that would lead  to better insight into customer’s business. [...]

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