Could open source BI close out incumbents?

Bloor's Philip Howard writes in The Register that Jaspersoft 2.0 is now a serious threat to mainstream BI (and ETL) vendors; a full enterprise license for $35k will knock spots off most of the competition.

Perhaps that helps to explain why the fizz has gone out of Cognos's recent results.

And it doesn't help that according to a survey sponsored by Sybase and reported by CBR, only 13% of UK BI projects work as expected. So naturally "31% of firms surveyed, particularly small and medium sized businesses, [are] keeping an especially close eye on keeping costs down to a manageable level."