Business Intelligence

Excel for BI: Using and Replacing It

For businesses, Microsoft Excel is the equivalent of, say, a really good website or a reliable accountant. It’s an essential tool, no matter what industry you work in or the size of your operation. While it isn’t the only program to offer formulas and pivot tables, Excel is the most popular tool for statistical analysis anywhere in the world.

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Predictive, Descriptive and Prescriptive Analytics

We live in an age dominated by digital content. The volume of data which modern enterprises have to process, interpret, and reconfigure on a regular basis is nothing short of massive. With the internet of things (IoT) growing more and more prevalent, the amount of data is rapidly increasing, particularly when it comes to supply chain systems.

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The Business Intelligence Market is Growing – What Does That Mean for Me?

The Business Intelligence (BI) software industry is quickly emerging as one of the top software categories in terms of market size.  With an expected increase of 7.3 percent from 2016, global revenue of BI software is forecast to reach $18.3 billion in 2017, according to Gartner.  In addition, Gartner expects global revenue of BI to rise to $22.8 billion in 2020.

We realize that the rise of an analytics-driven industry isn’t exactly breaking news these days, but you may be wondering what these forecasts can mean for you and your business.  With BI software leading the way in helping businesses make better-informed decisions, there are a few key points to take note of based on Gartner’s predictions.

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Do All Businesses Need Dashboard Software?

In today’s high-tech world, where vendors offer many different kinds of enterprise software to companies, dashboard software is important. It’s something that’s very much in demand in specific types of ERP, such as customer relationship management, financial management, and marketing.

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12 Top Data Analytics Software Systems

Data analytics software enables human decision makers to go in and examine raw data, to make all sorts of conclusions about the realities around that data. Enterprise users rely on data analysis software to get actionable results out of big data, and to effectively use existing data assets. Here are some of the most popular and interesting data analytics choices on today’s market.

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A Quick Look at Tableau vs Domo

Companies of all sizes and industries are looking to innovative business intelligence and analytics platforms to help them utilize internal data and perform a modern approach to data analysis. Excel is a great starter took, but it has its limits. It’s not great for data visualization, and doesn’t provide customers with enough robust analytics. Self-serve BI tools, therefore, are key to how competitive companies do business successfully, enabling better visibility in terms of sales, revenue, human resources and more.

Among the many BI solutions out there, Tableau and Domo are two of the most popular choices – one a mainstay and the other a newer entrant into the BI market. Here are some key features to understand when comparing these solutions:

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6 Fatal Mistakes to Avoid When Using Your BI Tools

There are so many BI solutions in the marketplace today that it’s hard to know where to begin. The features and functionality can easily sideline more fundamental issues, such as the user experience, the ease of accessing and managing data, and whether or not the tool integrates well with other critical business systems. But these things can mean more of a difference in terms of acceptance of the tool than what bells and whistles come with it. Here are the most common mistakes to avoid with your BI tool.

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4 Best Practices to Follow When Selecting & Implementing Your BI Tools

Selecting and implementing a BI tool is no trivial task. It takes time to get the approval necessary, and sometimes it feels like you have to jump through more hoops than a circus lion. It’s true that having across-the-board buy-in is essential, but there are ways to assure that your BI implementation doesn’t end with a crash and burn, like so many other enterprises have faced. Here are the best practices to help your entire organization get the absolute most out of the BI tool you choose.

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SaaS BI Tools Pros and Cons

Companies today have a real need for business intelligence — businesses are trying to harness the right data sets, and analyze them in the right ways, to make good decisions about products, services, customers, suppliers and much more.

Compare BI Pricing & Costs with our Pricing Guide
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Cognos vs. SAS vs. MicroStrategy

When choosing a Business Intelligence software solution, it’s important to have a bird’s eye view of the overall offerings of each platform, and how those features dovetail into an entrepreneur’s needs. In this article, we’ll be comparing three leaders in the space: Cognos, SAS and MicroStrategy.

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Business Intelligence and Data Warehousing

There tends to be some confusion in the industry concerning Business Intelligence (BI) and Data Warehousing (DW). Some people conflate them into a single term – BI/DW (Business Intelligence/Data Warehouse) – and consider them to fundamentally be the same thing. Other people believe that a data warehouse merely stores information to form the back end of business intelligence, and that they are completely separate entities. As with many conflicts, the truth depends upon your point of view.

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7 Reasons to Use Self-Service Business Intelligence Tools

Self-service business intelligence boasts features that enable users to become more self-reliant and less dependent on information technology (IT) experts.  The 4 ways this is accomplished are: (1) easy access to source data (2) better support for data analysis, (3) faster deployment options, and (4) simpler, adaptive, and collaborative end-user interfaces.

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5 Questions Before Selecting Business Intelligence Software Solutions

Are you tired of technology implementations that don’t yield results? Nucleus Research has found that for every dollar invested in business intelligence tools (BI) and analytics, companies earn an average of $10.66 back. Additionally, 74 percent of businesses who fail to invest in BI are negatively impacted.

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10 Features of a Cloud BI Solution

If you’ve been in the market for a business intelligence (BI) solution, chances are you’re familiar with many on-site, hardware-based options. While hardware-based BI systems offers remarkable advantages and capabilities, there is another, less-expensive and equally powerful option: cloud-based business intelligence.

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