Business intelligence (BI) describes the technology and practices that organizations use to collect, integrate, analyze, report and present business data. BI is used to enhance business decision-making. It enables you to identify what’s working well, what can be improved, and trends within any organization. The latest BI systems provide both historical and predictive views of business operations, using data collected and mashed up on premise or in the Cloud, so that you can both learn and predict what will be the most beneficial decisions for your organization.
Here’s an overview of the benefits of business intelligence that’ll help you make that all-important decision about which BI tool is right for you.
Bonus:See the latest BI trends
Business intelligence reporting and analytics enhance your organization. Here’s how:
The right choice of business intelligence can be a vital tool for helping you assess your organizational opportunities and better position your value points within your sector. benefits are as follows:
BI reporting software should enable a 360° view of your organization. More specifically, it provides a complete understanding of the obstacles and opportunities that you should address. The best BI reporting tools are designed with end users in mind. They enable users of all kinds to create interactive dashboards and reports and easily interpret them in minutes. These tools feed reports and dashboards with real-time data so that you can get the most updated insights. And they’re easily shareable so that you can be sure everyone is working with the same data and reports.
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Your ideal BI tool should have the capability to rapidly handle huge amounts of complex data from the widest variety of sources and datasets, and unify this data, however disparate the sources are. Plus, the more easily the data can be combined, the more accessible it can be to different types of users, and the more value you can derive from your BI tools. You need to be confident that the insights you get from your analytics come from comprehensively consolidated data, so you can be assured that you’re getting the most accurate information. This can be achieved with clear and comprehensible dashboards that enable even the most non-technical users to see and understand the data.
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The volume of data and the number of connected devices generating data is increasing, so it’s vital that your BI platform has capacity for both current and potential future increases in data.
As your organization evolves, ensure your BI platform with you. Prioritize that your solution can handle increases in users, data, or complex analysis without extra infrastructure or consultants.
Your BI should be adept at handling other changes, such as customization of functionality, enabling new requirements and reducing times-to-insights.
With the right platform in place, customization will be simplified. Even the most in-depth changes can be handled with ease. So, make sure that the platform you choose is purpose-built for developers so they to reduce development time.
Enable as many people as possible across your organization to analyze, visualize, and act on business data. Your platform should enable AI throughout to simplify the user experience. For a more detailed overview on choosing the right platform for your BI, check out our whitepaper.
See how the leading vendors of BI tools and analytics stack up in the most respected industry analyst reports:
Value delivered, early innovation, and customer success are what make us the leading Visionary in the Magic Quadrant.
Sisense earned top rankings from customers for ease of use, ease of doing business with and quality of support.
“Overall Leader” for customer experience and credibility with high scores for value & integrity put us consistently above the rest.
There’s a lot to consider when choosing a BI tool, but a lot to be gained by making the right decision. So, in addition to the overview you’ve seen so far, look at these comparisons between Sisense and the other leading BI tools:
Product teams, cloud data teams, and business analysts from the world’s leading companies and global enterprises use the power of Sisense to effortlessly combine complex data from a variety of sources and build analytics apps that deliver insights to everyone in the organization.
These power users who we call builders enable other business users from a wide range of functions. Sisense gives them the power to identify, analyze, and visualize the data that influence the course of your organization, with powerful decision-making capabilities that are potentially game-changing.
The Sisense BI and analytics platform dramatically accelerates the time it takes to build, embed, and deploy intelligent analytics apps that unleash user creativity and engagement. Whether it’s interactive dashboards, self-service analytics, or white-labeled BI apps, Sisense delivers the industry’s lowest TCO at scale.
Sisense empowers your users to make decisions and challenge assumptions by equipping them with the insights they need, when and where they need them. We help everyone in your organization drive change through powerful AI and ML solutions that deliver BI with optimal impact.
It’s not just what we do, it’s how we do it. It takes more than patented technology to make your business successful. You need the product to work in your network, with your requirements, under your constraints. And that’s when our customer-centric culture kicks in. We work with you on every installation, upgrade, and project to make sure you feel the value of your BI platform in your business.