We bloggers and webmasters all know and use Google Analytics for the vital statistics tracking of our websites. And no wonder that so many websites use it as the primary tool for traffic logging and analytics because it is THE most powerful free web analytics tool available.
But now it is going to have some competition from the open source world because Piwik has released a web analytics tool that supports many of the features of Google Analytics and because it is open-source these features can be customized to fit the specific needs of the niche of a particular website . Extensive support is provided for the third-party plug-ins to add new features. As with Google Analytics simple java-scripts are used to track the statistics with only one but important difference that this analytic tool will be running from your own server. Statistics can also be embedded in the user website and/or dashboard for easy monitoring.
A live demo is available here to give an idea of the looks and functionality. Interface looks pretty good for a starter. You can download the latest version(alpha) from the official website. Installation is pretty simple after you have uploaded it to the server. PHP 5.1 and a Mysql database is required for the proper functioning. They also have a Why is Piwik better than the competition? video so check it out as well.
I have also downloaded it today and will test it out on my local WordPress installation to see that how it fares as compared to Google Analytics.
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