Monday's rumor that on-demand business intelligence provider LucidEra was shutting down has turned out to be true.
I received a number of pitches from competitors about why their solution is better, cheaper, etc., and one particularly well thought-out e-mail from Brad Peters, CEO of Birst, another on-demand BI provider. I've pasted the e-mail below with permission and it will end up on their blog sooner or later.
My understanding is that while LucidEra's shutdown is unfortunate and a bit of a drag for customers, there are multiple providers that customers can easily switch to and that LucidEra are being helpful with the data transference.
LucidEra, right and wrong
Brad Peters, CEO, BirstIt's always unfortunate to see a fellow startup shut its doors, even when you compete with it, since strong competition validates an overall concept--in our case, on-demand business intelligence. The benefits are real. The value to customers is real. Unfortunately for LucidEra, their particular approach--specific applications, instead of general BI solutions--proved weak in the marketplace.
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