Open source BI solutions have become serious alternatives to proprietary software, with over 25 open source projects providing tools for data warehousing and full BI suites, allowing for lower costs, easy integration, and customization compared to traditional options. However, open source BI may require large customization needs, and lack maintenance, support, or features needed for all use cases. Popular open source BI tools include Eclipse BIRT, Jasper Reports, and Pentaho.