Business Intelligence (BI) solutions are software tools that unify data and deliver actionable intelligence regarding a particular company or sector. Business intelligence tools are important as they assist companies in developing a targeted and informed business plan that can help instigate change, enter new markets, improve user experiences, and drive sales.
Business Intelligence software should include data analytics, data mining, tools, infrastructure, data visualizations, and other features to achieve this. The more data that a BI tool can ingest, the greater the accuracy of any insights and intelligence gained. This will ensure it can be used to make a compelling case with C-level executives, and that it can be seen as reliable.
Many companies can benefit from implementing a BI solution. As data is collated from both internal and external sources, analysis can help to illustrate where an organization sits in relation to competitors. This data can be visualized in reports which can be shared with relevant team members to aid their strategic planning and act. Business intelligence can also be used to reduce workloads and optimize processes.
In this shortlist, we’ll explore some of the top business intelligence tools on the market today, In each case, we’ll analyze the solution’s specific features so that your organization can find the solution that works for you. We will also offer a suggestion as to which solution is best suited for a particular use case.