Ever wondered how businesses come up with such impressive innovations each day? The pace at which the demand for technological advances is increasing is wondrous. To stay in the game and cope up with the brutal competition out there, businesses need to improve and better their processes each day. Business intelligence and analytics help enterprises with the same, by providing them with actionable insights that can be used and employed in the current workflow to further optimize it to save time, increase efficiency, and lessen efforts.
Analytics refers to the use of mathematics, machine learning, and statistics to derive insightful patterns and knowledge through precedent data. With the power of analytics, enterprises can employ the colossal amount of data created every day, to produce answers to questions that are unimaginable. It is the science of recording, storing, segregating, and making sense out of the quintillions of data produced by enterprises.
Business intelligence translates to architectures, processes, and technologies that help convert the great amount of raw data into relevant and meaningful information that can prove conducive to business to derive actionable insights to improve and optimize processes.
Why do you need a platform for analytics and business intelligence?
Tableau is one of the best in class, a self-service analytics platform that performs amazing visualizations of data.
With a user satisfaction score of 90, Oracle is an all-embracing solution that offers a wide range of analytics, reporting capabilities, and intelligence.
Sisense is powered by in-chip technology and is a platform that is an analysis, business discovery, and intelligence solution that comes with a back-end powered.
The micro strategy is well suited for any small to mid-sized business as it is built for mobile, web, and desktop while it offers a wide range of BI solutions that can be relevant to all levels of users.
Looker, now acquired by Google, is a one-stop solution for all levels of technical users and data analysts.
Birst is one platform that functions independent of inputs from the data analyst.
SAP helps businesses to drive through the decision-making process directionally with a clearer understanding and meaningful patterns derived from the data.
Power BI is powered by Microsoft and comes with an array of tools to derive the right insights for your organization.
TeraData is one of the leading providers of analytics, Business intelligence, and hybrid cloud products.
In a world fueled by technology, here comes an AI-powered analytics solution by Salesforce, Einstein Analytics. It has especially been developed for the Salesforce customer success platform.
Statistical Analysis System is specially designed for advanced-level analytics and is immensely insightful about business intelligence solutions.
Powered by Dundas Visualization, Dundas BI is one of the best browser-based business intelligence solutions
Board is a data discovery platform that is fully featured and helps with enterprise performance management and business analytics.
DOMO translates to 'thank you' in the Japanese language. Due to its efficacy in providing its users with the most insightful information to drive the decision-making process, it sure is one of the most popular tools used by analysts.
Formerly identified as 'Quality Understanding Interaction, Knowledge,' Qlik has been inspired by the PC based 'Quick View.'
Reporting and data visualization couldn't have been easier without the existence of Google Data Studio in the analytics space.
OBI 12C is a popular business intelligence analytics platform among data analysts.
Panorama Necto is one of the most efficacious tools that is power-packed with highly useful features that are immensely conducive to drive actionable insights for the user.
Zendesk Explore is a really powerful tool that is highly intuitive to aid organizations with all the data analytics requirements in the smoothest way.
Quintillions of data are produced by businesses every day. The challenge is to record it, maintain it, segregate it, organize it and make sense out of it to derive key actionable insights that can drive organizations through crucial decision-making processes along with optimizing the workflow. Doing all of this manually seems nearly impossible, which is why Business Intelligence analytics tools come into the picture to aid enterprises through the herculean process. Businesses have started to realize its significance and thus are incorporating their use in the system increases.
If you found this helpful and would like to know more such information, upskill with Great Learning's PGP – Business Analytics course now!
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