Business intelligence software, or BI, helps companies make informed decisions by providing them with an analysis of various aspects of the business. This valuable software allows companies to take existing information and transform it into useful predictive insights.
SelectHubQuestions to Ask During Business Intelligence Software Demo
Business Intelligence (BI) software is one of the hottest software technologies on the market today. In fact, in a survey of more than 10K technology executives, 23.5% responded that a BI or BA (business analytics) platform is their next planned software purchase.
SelectHub4 Key Advantages of Business Intelligence Software
The year 2015 saw major changes that reverberated through the global business intelligence software market. While many of the driving principles behind business intelligence remain the same, there are a host of promising trends that make this an exciting time to be involved in the way organizations leverage data analysis. If you haven’t been keeping up with the BI market, read on for a quick recap and our predictions for 2016.
SelectHubFuture of the Business Intelligence Software Market
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.
SelectHubBusiness Intelligence and Data Warehousing
Lately, there have been tremendous shifts in the business technology landscape. Advances in cloud technology and mobile applications have enabled businesses and IT users to interact in entirely new ways. To help you understand the various concepts in business data concepts, it is important to understand the difference between business intelligence, big data, and data mining.
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.
SelectHub7 Reasons to Use Self-Service Business Intelligence Tools
The use of Business Intelligence (BI) is not a new concept to many companies and firms. It entails software solutions that analyze data that users input and/or are fed from data sources and presents visualizations, allowing an organization to come up with up-to-date and well-informed strategies. With the latest trend of technology and inventions, there are countless BI applications available for varied analysis.
Business intelligence (BI) software provides an overview of the company’s business operations. It converts business data from various internal sources into structured dataset report output. Sales and productivity may be monitored. Dashboards and reports may be sent to end users or (non-technical) user interfaces.
SelectHubWhat Do Business Intelligence Analysts Like in BI Software?
Going through the process of business intelligence product comparison and trying to choose the right BI vendor can be a lengthy and difficult task. There are so many BI solutions available on the market today that it’s tough to know where to start. Follow our guidelines below to accelerate the BI selection process for your organization.
Business intelligence software comprises a range of data analytics tools designed to analyze and manage data related to your business operations. BI’s rich visualization capabilities allow businesses to monitor sales, logistics, and even productivity–and provides extensive data analysis using richly visualized, intuitive reports.