Business Intelligence

The Top Business Intelligence Requirements

Business intelligence (BI) has transformed from data collecting into a more advanced discipline.  Today, people use BI solutions to draw insights from their business’ data. These insights, or actionable pieces of information, help make informed decisions to improve your business processes. Since BI tools are numerous and variable in both cost and features, they can be difficult to evaluate.  But doing so properly can be one of the best investments of time a business can make.

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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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Tableau vs. Microstrategy

Want to compare Tableau vs. Microstrategy to see which is the better BI software for you? Both Tableau and Microstrategy have been actively useful in the BI space for a while, and have attracted their own proponents, while generating quite a lot of analytical debate. There is a consensus that each of these platforms has its own strengths and potential drawbacks, and that each can be useful in its own capacity.

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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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