Best Business Intelligence Software

Disclosure: This content is reader-supported, which means if you click on some of our links that we may earn a commission. Business intelligence software has become a necessary tool in the era of big data. Your organization collects tons of data about your customers, website, and total health of the company. But without BI software, making sense of that information is nearly impossible. This software exists so you can analyze various data sets and make data-driven decisions. For example, you can use BI software to predict consumer buying behavior or project the financial impact of an operations decision. Rather than waiting for a quarterly or annual report, you can leverage BI software for real-time data insights. Due to the complexity of business intelligence software, the vast majority of tools in this category are designed for large organizations, SMBs, and enterprises. The Top 6 Options For Business Intelligence Software TIBCO Jaspersoft Entrinsik Informer Zoho Analytics Sisense Chartio Tableau How to Choose the Best Business Intelligence Software For You Finding the right BI software for your business can be challenging if you don’t know what to look for. I’ve created a simple buying guide with features, factors, and elements that must be taken into consideration as you’re shopping around. Keep an eye out for the following aspects of BI software as you’re comparing solutions and narrowing down your options: Data Reporting Remember, the number one reason why companies invest in BI software is to make sense of their data. So it’s only natural that data reporting itself would rank so high on our list of factors to evaluate. The best BI tools turn complex data into visuals that are easy to understand. You can view this information from real-time dashboards or turn them into individual reports. Being able to share these reports with decision-makers, stakeholders, clients, and other members of your team is also something that must be considered. Users that generate the reports won’t always be the people making sense of that information. So the reports must be easy enough to comprehend by the final decision-makers. Data Sources How are you going to integrate your existing data with your BI solution? Where is that data located? Don’t make things more confusing for yourself. Make sure you find a business intelligence tool that makes it easy for you to connect with your existing data sources. It’s worth noting that not every business …
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