Wednesday 1 April 2020

Which Business Intelligence Tool is best for you?

Business Intelligence Tool
First of all what is a business intelligence tool? We need to understand what this is in the first place before we look at which is the best one for you. So getting back to the question…

What is a Business Intelligence Tool? 

Business intelligence tools are basically a software package that collects, transforms and presents data from a business for decision making. Much like what accounts do. The software takes data from a variety of sources, whether it is from structured or unstructured sources, and transforms according to the needs of the business.

Now since we know what business intelligence tools are, we can take a look at some of the best ones that will help your business grow.

Grow- as in grow your business: 

Grow is a cloud based business intelligence tool. It allows you, whether you’re a data analyst or a normal business user, to take control of your business’ data and take appropriate decisions based on them.

Here is a list of some of its features:

  • It has 115+ readymade data connectors for systems such as Saleforce, Bronto, Marketo and others 
  • You can create custom dashboards from their 20 different data visualizations options 
  • Make as many user accounts as you need 
  • Simple user interface for both managing SQL as well as readymade transformations 
  • From the app to emails to slack integration, all make it easier for you to share your insights with the team 
  • Hosted on Grow’s own cloud and is constantly supported by their team of experts 

Datapine as a business intelligence tool you might find useful:

Datapine is one of the most powerful and user friendly business intelligence tools out there. If you’re a data analyst or a non- technical user, this app has got you covered. It consolidates data from a variety of sources and compiles them in a form suitable for your understanding.

Here is a list of some of its features:

  • Integration of data in seconds with fast and easy to use data connectors 
  • Drag and drop features allow you to create data visualizations in seconds 
  • Ability to create intuitive dashboards with their advanced data tools 
  • Contains 80 different pre- defined dashboard templates 
  • Communicate via email reports, secure and customizable viewer areas as well as embedded dashboards 

Zoho Analytics: 

Zoho is your self- service kind of business intelligence tool. It allows you to create collect and present information in dashboards in a matter of minutes. It even has a cool AI feature which allows you to ask questions of an AI assistant and get answers in the form of reports.

Here are some of its features:

  • It has over a 100 ready made connectors that can be used for business apps as well as cloud drives and databases 
  • You can view your data in the form of pivot tables, charts, KPI widgets and custom themed dashboards 
  • It has a unified business analytics tool that analyzes data from a wide variety of sources and across departments as well 
  • You get augmented analytics with AI, ML and NLP 
  • You also get embedded analytical solutions and BI portals to work with. 

Yellowfin business intelligence tool: 

Yellowfin is your one stop business intelligence tool. With this in tow do you don’t need much else. It is applicable across a range of industries as well. With this tool in your business you can access data and compile it in a form most suitable to your particular business.

Here are some of its features:

  • Dashboards can be accessed from a webpage, company’s intranet or a mobile device in the form of an app 
  • It also has mapping mobile business intelligence features that make it easier to access and monitor business related data 
  • With the way it presents data, it makes it easier to take decisions and also faster 
  • Ability to create data rich presentations and interactive reports 
  • It also supports the decision making process 

Clear Analytics as a BI tool you need to try out: 

Clear Analytics condenses data so as to enable timely decision making. With this tool in your business arsenal you have all your business needs met at one place. With this business intelligence tool you can take large amounts of data from a variety of sources and present it in professional reports.

Here are some of its features:

  • Less interaction of humans required 
  • Ability to create your own dashboards 
  • You can present data in a variety of graphical formats 
  • It also gives you KPIs for easier comparison of performances 
  • Clear indication of fundamental issues 
  • It also offers the ability of predictive analysis 
  • Aids in strategic planning 

SAP business intelligence tool: 

SAP is an integrated business intelligence tool. It is basically an enterprise level software either for open client systems or server systems. It has developed new standards for a more effective presentation of information.

Here are some of its features:

  • It provides flexible and transparent business solutions 
  • The software is easily integrated with any system or application 
  • Its set up is done using modern methods and it makes the most efficient utilization of space 
  • It’s database systems combine both data analytics as well as data for a modern approach to storing data 
  • It has a simplified data container 
  • You can easily integrate it with both SAP as well as non- SAP applications 

MicroStrategy –best business intelligence tool to use: 

This business intelligence tool is mainly analytical software. With this tool in tow you can make better and speedier decisions. Using this tool you can transform the way you do business. You get a lot of predictive and advanced analytical tools to work with.

Here are some of its features:

  • Ease of use 
  • Advanced and predictive business data tools 
  • Self- services business analytical tools 
  • Large data solutions 
  • It even has Software as a Service or as it is most commonly called SaaS 
  • You get real time WYSIWYG report designs 
  • Dashboards and score cards for performance monitoring 

These are some of the best business intelligence tools that are out there.