Implementing a business intelligence strategy at your company is one of the most effective ways to grow your business smarter, faster and easier. The actionable insights you gain from this information can benefit just about every aspect of your operations. In the modern business world, the companies leveraging business intelligence have a significant leg up on their competitors who aren’t using this strategy.
While it can be a daunting task to implement a BI strategy at your company, the efforts will be well worth the investment. You’ll gain clarity about a wide range of items, including changing trends, profitability improvements, your position within your market, and ways in which you can optimize your company’s performance.
One of the things making this process overwhelming in the early stage of business intelligence adoption is the multitude of BI tools available. Determining the right solutions for the specific needs of your company will be crucial to your ability to truly harness the full capabilities of your business intelligence strategy.
To help you better understand the top tools available to you, we recommend that you read the following article:
Top BI Software, Applications & Platforms Reviewed
This review was created by datapine, one of the leading business intelligence experts in the industry. Their team includes highly experienced data scientists, developers, academics and technological leaders who specialize in helping businesses gain actionable insights from the data they gather.
While this information can help jumpstart your efforts, it can often be helpful to work with an experienced business intelligence partner. Webolutions has been implementing business intelligence strategies for our clients for years. Our team will listen carefully to your needs to recommend the best solutions to grow your business. Our Real-Time Intelligence Dashboards™ make it easy to interpret your data, giving you the insights and perspective necessary to make informed decisions that will help your company thrive.
To speak with one of our consultants about developing true business intelligence for your company of at least $5 million in annual sales, contact us to request a free business intelligence review. During this 30-minute introduction, we work together to help you better understand this system, discuss your business goals, and start outlining your plan.
Contact UsBusiness intelligence tools are software platforms which gather, process and analyze large amounts of data to produce interactive reports that provide the actionable insights necessary to make more informed decisions impacting the success your business. These tools are highly visual, making it easier to identify trends in your data and your analytics.
You have the ability to create a wide range of interactive dashboards which organize the information in the precise way you need it, providing up-to-date information and insights that can be used while this data is still fresh. In addition, these tools offer predictive analytics features which help you forecast upcoming trends. You can also create automated reports which are accessible to your entire team, making the process of identifying actionable items more efficient.
Business intelligence tools offer a wide range of benefits to both large and small companies. Regardless of the size and scope of your operations, BI tools allow you to effectively manage your data and organize it in a cohesive way that allows you to understand exactly what’s going on at your company. Some of the most important benefits you’ll experience include:
So which BI tools should you consider for your company? Ultimately, the right solution for you will depend on your specific needs. However, it’s still helpful to know some of the leading solutions – including what they can and can’t do – when you start evaluating options.
This article conducted a thorough analysis of business intelligence tools to generate a list of the top 14 solutions on the market. Their process involved evaluating expert software comparisons and user reviews from two of the most prominent BI advisory and research companies – Capterra and G2Crowd. The list generated here includes the BI software platforms that achieved the best rankings on both websites. In order to be considered, the tool needed a minimum of 50 reviews between the two sites.
The top 14 tools are listed below. For a comprehensive discussion of each solution’s key features and shortcomings, read the full article.
While all of the solutions listed above are highly rated and do an excellent job, not all of them will be right for your company. In order to truly leverage all of the competitive advantages provided by business intelligence, you’ll need to select the right tool(s) to address your specific needs. This requires doing a little bit of planning before you start evaluating your options:
While the most advanced business intelligence tools can be easily used by your team, it will still require some skill and experience to set up your software and customize reports to the specific needs of your organization. If you have a team with the skill set to handle this, you’re all set. If not, it can be helpful to work with a third-party BI provider who can set your team up for success. Webolutions is here to help.
At Webolutions, we have extensive experience implementing business intelligence solutions for businesses in a wide range of industries. We understand the sophisticated nuances of the leading tools in the market, and we can recommend the right solution for your specific needs. In addition, we have the ability to work with any software tools you currently use to make the process as easy as possible for your team.
You’ll benefit from our Real-Time Intelligence Dashboards™, which provide you with the actionable insights you need in a format that is easy to understand. You’ll always receive the most current data, ensuring you can be proactive in your decision making. This will allow you to more effectively monitor changing trends as they develop.
To speak with one of our consultants about developing true business intelligence for your company of at least $5 million in annual sales, call us at 303-300-2640 and request a Free Business Intelligence Review. During this 30-minute introduction, we work together to help you better understand this system, discuss your business goals, and start outlining your plan. You can also email any questions to [email protected].
Webolutions is a full-spectrum business consulting and strategic implementation company. We help businesses across the country identify and effectively bring their unique story life, allowing them to scale faster, smarter and easier.
Our specific areas of expertise include:
To speak with one of our consultants about developing true business intelligence for your company of at least $5 million in annual sales, contact us to request a free business intelligence review. During this 30-minute introduction, we work together to help you better understand this system, discuss your business goals, and start outlining your plan.
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