Using Business intelligence tools for the success of your business

Using Business intelligence tools for the success of your business

We are living in an era of technology wherein technological advancements have taken over the various aspects of our lives. Why our business should then lag in this regard? Using business intelligence tools, one can take their business to the next level and increase the chances of its success significantly.

Business intelligence utilizes services and software for transforming data into actionable intelligence, which influence the tactical and strategic business decisions. These business intelligence tools provide you with a better understanding of the ongoing trends and enable you to derive insights from the data. Thus, you are in a better position of making decisions that would be beneficial for your business in the long run.

A lot of small-size businesses seem to think that such tools cannot help them in any way as they are too complicated. However, this is far from reality. Indeed, business intelligence tools can play a significant role in the success of all types of business.

The various business intelligence tools you can use

Earlier, tasks like data discovery required the insight of advanced analytics specialists. However, BI tools ensure that anyone can handle these tasks even if they do not have the expertise needed. There is a lot that you can achieve via these tools. They are effective in resolving urgent issues, collection of data, and predicting the future outcome, among other things. Let us take a look at some of the BI tools you can use for the betterment of your business.

SAP Business Intelligence

With this tool, you get advanced analytics solutions. This includes real-time business intelligence predictive analytics and machine learning with analysis, among other things. This tool provides you with various functionalities in a single platform and is intended for multiple roles such as IT, end uses, and management.

Sisense

This is the ideal business intelligence tool for all those who do not have the technical expertise to use something complicated. It is quite user-friendly and can be used by just about anyone. Sisense allows you to manage, analyze, and visualize complex datasets and that too without the assistance of the IT department. You can use various sources to get data such as Google Analytics and Adwords. Owing to the in-chip technology that the tool uses, it processes the data within a short span.

Yellowfin BI

This BI tool offers an end-to-end analytics platform, combining machine learning, visualization, and collaboration. With this tool, it becomes a whole lot easier for you to filter through a vast amount of data as it utilizes intuitive filtering. The tool is quite flexible when it comes to accessibility. You can use the webpage or the mobile version as per your requirement with ease.

MicroStrategy

MicroStrategy offers a highly powerful and responsive data analytics. Via this tool, trends can be monitored, and new opportunities can be recognized. It can prove to be pivotal in enhancing productivity. This tool can be assessed by both desktop and mobile. Furthermore, you can connect it to various sources wherein the incoming data can be from enterprise-based software, spreadsheet, or any other source.

SAS Business Intelligence

This self-service tool enables leveraging of data and metrics so that you can make an informed decision about the future of your business. The tool has options of customization and allows a high level of data integration with advanced analytics and reporting.

Dundas BI

This flexible tool allows you to connect multiple data sources in real-time. Impressive visualization is offered via tables, charts, and graphs. All these are customizable and can be accessed from mobile and desktop. Furthermore, you can also use the tool to build your own reports and performance metrics. Thus, analyzing becomes a whole lot easier with this tool. Dundas BI is one of those tools that all types of businesses can benefit from, irrespective of their size.

Systum

If you are looking for a tool that would enhance the productivity and efficiency of your business, this one will prove to be highly suitable. It assists you in organizing, streamlining, and consolidation of processes across multiple channels. Furthermore, a lot of sales features also form part of the tool. A lot of integration options are offered, as well. Thus, you will find this BI tool to be of a great deal of help to your business in a variety of ways.

TIBCO Spotfire

This self-service BI tool is quite useful as it allows you to collaborate with your digital team effectively. Offering data visualization, executive dashboards, and KPI push, this tool can be used for sending alters to smartphones. It can be integrated with multiple platforms as well.

Final words

The business world has become quite competitive these days. It is crucial that you make the best use of the available opportunities if you want to make a mark and achieve success. BI tools can be of a great deal of help for your business.

They can be used to develop strategies, monitor progress, and analyze data. If you wish to make sure that your business does not lag, use these BI tools in an effective manner and let your business soar high. There are a lot of tools available. You can select the ones that suit your requirement and get your desired results.

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