16 May 2024 – Helical IT Solutions proudly announces the launch of Helical Insight version 5.2, the latest iteration of its acclaimed Open Source Business Intelligence (BI) platform. This release marks a significant milestone in empowering enterprises with a versatile and cost-effective BI solution, poised to revolutionize analytics landscapes worldwide. Helical Insight emerges as a compelling alternative to conventional BI tools like PowerBI, Tableau and Quicksight, offering unparalleled flexibility and functionality.
At the core of Helical Insight lies its commitment to democratizing analytics. With flexible deployment options and transparent flat pricing structures, Helical Insight empowers enterprises to scale their analytics initiatives efficiently at a flat cost, catering to a broader audience without incurring exorbitant ever increasing licensing costs. Its intuitive browser-based interface empowers not only internal stakeholders but also end customers to do self service analytics.
A distinguishing feature of Helical Insight is its comprehensive suite of enterprise-grade functionalities. From embedding and white labelling to seamless Single Sign-On (SSO) integration, the platform seamlessly integrates with diverse business ecosystems. Enterprises, particularly product-based companies, benefit from its ability to embed customizable reporting dashboards and analytics seamlessly.
Helical Insight boasts a comprehensive array of enterprise-grade functionalities, including but not limited to: robust data exporting capabilities, dynamic email bursting functionality, stringent row-level data security protocols, seamless drill-down and drill-through capabilities for in-depth analysis, efficient data caching mechanisms, intuitive pagination controls for streamlined navigation, native support for Docker and Kubernetes environments, high-availability load balancing support, and a diverse range of visualization options tailored to meet diverse analytical needs etc.
The latest iteration, Helical Insight 5.2, introduces a plethora of enhancements aimed at enriching user experiences and expanding compatibility. Noteworthy additions include support for six additional databases, including SAP HANA, DuckDB, Celerdata, Yugabyte, CockroachDB, and Firebird. Moreover, users can now leverage interactive maps and integrate external JavaScript charts seamlessly within the platform. Enhanced features such as cut, copy, paste functionalities, import-export capabilities, recycle bin and customizable chart options further augment the platform’s versatility and usability.
Nikhilesh Tiwari, Co-founder of Helical Insight, elaborated on the latest developments, stating, “With this specific version, we are committed to enhancing compatibility and extending the platform’s capabilities to meet evolving user needs. The inclusion of new databases and advanced visualization options underscores our dedication to delivering unparalleled value to our users.”
Echoing Tiwari’s sentiments, Nitin Sahu, Co-founder of Helical Insight, highlighted the platform’s future roadmap, emphasizing upcoming features set to redefine BI paradigms. “We are actively pursuing next-generation capabilities, including Generative AI integration and the introduction of canned reporting functionalities in our forthcoming version 6.0 release. These initiatives underscore our commitment to innovation and customer-centricity,” Sahu remarked.
In a rapidly evolving business landscape, BI plays a pivotal role in enabling data-driven decision-making. According to Fortune Business Insights, the global BI market is poised for robust growth, with projections indicating a surge from $24.05 billion in 2021 to $43.03 billion by 2028, reflecting a CAGR of 8.7% during the forecast period. Despite the immense potential, BI adoption rates remain modest, with only 26% of organizations embracing BI solutions, as reported by 360Suite. However, the tide is turning, with small businesses increasingly leveraging BI features to gain a competitive edge, as highlighted in a 2019 report by Grand View Research.
Helical Insight stands at the forefront of this transformative wave, empowering enterprises of all sizes to harness the power of data and drive actionable insights. As organizations navigate an era defined by data abundance and complexity, Helical Insight emerges as a beacon of innovation, fostering a culture of data-driven decision-making and propelling businesses towards sustained success.
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