•  Introduction
  • Top BI Tools
    •  Board
    • SAS Business Analytics/BI
    • Dundas BI
    • Splunk
    • Sisense 
  • Importance of BI Tools
  • Takeaway

 

Introduction 

High-octane technology is a driving force in the workplace. Large and small businesses are using intelligence tools that can help them deliver accurate solutions.

In recent years, Business analytics tools have gained immense popularity among business users. These tools help solve complex problems ranging from financial to marketing and many more by providing data-driven insights that decision-makers can easily interpret. 

It is no surprise that there are dozens of such analytics tools available in the market today. But with plenty of options to choose from, it is not easy for organisations to find the right solution.  

In this blog, we will discuss the top 5 business analytics tools that every organisation is using or should be using.

 

Top BI Tools:

Board

Board is a decision-making software tool that combines business intelligence, predictive analytics and performance management. The Board Business Analytics Tool allows for colossal data structures. It has also been shown to strengthen detailed scenario analysis and prediction by directing the data granted under each designated scenario or set of parameters through preferred simulations.

The Board toolkit allows advanced functionalities that convert the visualisation of data into a simple format. Its customisable and interactive dashboards give organisations a high-level overview of their business and help organise them into their KPIs to assess business performance goals.

 

SAS Business Analytics/BI

SAS is a popular tool for performing predictive analysis. With SAS-based business analytics applications, clients and customers can leverage data and statistics to make informed decisions. It allows customisation options to achieve higher levels of data integration, report-making and advanced analytics. The tool also enables organisations to conduct sentiment analysis from social media for automatic generation of charts, mapping, and self-service data development.

SAS business intelligence tool offers a variety of statistical instruments that allow for analysing large data sets. They also have an excellent text analytics element to give you more contextual insights into data.

 

Dundas BI

Dundas BI enterprise-capable Business Intelligence (BI) platform is designed for making and surveying interactive dashboards, reports, scorecards. Dundas is historically famous for creating dashboards, scorecards and also specialises in standard and ad-hoc reporting. It also has easy, intelligent and intuitive design tools that help develop compelling visuals and analysis for mass data.

Dundas BI offers a powerful high-tech analytics tool. Clients can control real-time information and analysis on their data, insights, and results. The solution works on the R programming language to carry out statistical analysis of data. Dundas BI solution is fully furnished with computerised analytics and predicting tools that forecast future inclinations based on past and present data.

 

Splunk 

Imagine you were a System Admin attempting to sort out something that turned out badly in your framework, and you coincidentally found unstructured logs as well. What would you do? You would most likely use Splunk. This new business analytics tool gets information from these vast data records and makes them analysable.

By ingesting enormous data records into its framework, Splunk finds reports and correlations that can help System Administrators to fix issues in their frameworks. Since its launch, Splunk has seen rapid development because of its ability to collect, store and index a considerable measure of information from different sources. This enables Splunk to give reports and insights that can help companies in the long run.

Splunk enables you to monitor, explore and foresee data based on your information. The platform is readily available as a free download, and it is likewise accessible in an on-premises model or as a cloud arrangement. Splunk works with structured, unstructured, and semi-structured data sources giving you the adaptability of exploring information for any purpose, from security to efficiency. 

 

Sisense 

Sisense is by far the most well-known business analytics software tool. It fuses dynamic and robust text analysis functionalities that empower clients to change unorganised data into valuable insights. This tool allows the user to analyse vast amounts of information and represent complex data, which creates a foundation for smarter business decisions. 

Sisense is a leading BI programming tool that helps collate data from different sources and put them together into a single platform. It also empowers users to fully control how their data looks and make important changes rapidly. With Sisense, you can monitor your business performance using a single platform. 

Sisense is cloud-based, which means there is no requirement for any software implementation or hardware upgrades to handle the heavy workloads of data processing. This makes Sisense an ideal BI tool for small and medium-sized businesses. 

This BI tool also supports real-time dashboards, which makes the data readily available to decision-makers. With Sisense you can connect your key business components, including data sources, databases, applications, and cloud services.

 

Importance of BI Tools

The last few decades have ushered in a new era of technology. Many tools that are used to construct analytics reports and search for trends are divided into two camps- those that rely on Business Analytics Frameworks and those that do not. 

With so many new technologies, trends, and frameworks in the market, it is only wise to focus on those that provide solutions to your current needs. 

Business analytics frameworks help ensure that all your BI tools are integrated and accessible for you to perform real-time analysis. This will allow you to get insights from different sources easily, irrespective of how big or small the company is. You can also integrate your business data with other sources like social media websites to view your business from different perspectives.

You can also look for BI tools that are flexible, offer a range of functionality, and allow you to create custom dashboards. Some of the more simple BI tools are affordable but may not be as well-equipped or powerful as other expensive ones. Evaluate what your needs are, and then choose a business analytics tool that will meet them.

This way, you can get the most out of your BI tools and keep analysing data until you have answers to all your questions.

The best Business Intelligence Tools are the ones that give you insights about your business through reports and analytics. This will allow you to monitor and manage your success more efficiently and effectively.

Business intelligence tools can help you do a lot to gain insights into your business. 

 

Takeaway

These five advanced business analytics solutions reveal insights about how difficult work processes related to analytics and BI are enriched through functional programming and language optimisations. Each of these has something to boast about when it comes to making business analytics more accessible across a wider range of clients and organisations. 

Write to us on which BI tools are your favourite? Add your comments on which tools you would like us to feature in future blogs.  

 

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