PDCE : Can it be configured in ECC alone with out BI

Hello Folks,
We would like to understand if we can configure PDCE in ECC alone with out connecting to any BI system.
We are in SAP ECC EHP6, can we achieve all the configurations of PDCE by activating BI_CONT
in the same instance/another instance of a same ECC system ?
Thanks for the support...
Best regards,
Shashikumar BS

Hi Ulf,
It was great meeting you at Sapphire last month.  Thanks for coming and sharing your vision for Product Lifecycle Costing.
We too are now in the same position as Shashi Kumar described but because we found out about Product Lifecycle Costing at Sapphire I want to put this forward as an option to management.
We need to show the projected benefits of Product Lifecycle Costing over the older PDCE, I especially need info showing the technical or business process benefits of using Product Lifecycle Costing over PDCE. 
I found your presentation from SAP Sapphire on the ASUG website: https://www.asug.com/discussions/docs/38301 but it appears to be light on detail.
If you could share any additional info, PDF, PPT, or webinar that would be great.
Kind Regards,
Patrick.

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