Business intelligence or BI tools come in a wide range of shapes and sizes, but all of them have one goal in mind; to help users get insight from business data. A great BI tool won’t just give you data but guide you through the next steps in the process. Regardless of your business marketing strategy whether you use traditional or direct marketing online for your services, you need the right tools and systems that will make data gathering efficient and fast. Below are key attributes or qualities that a great BI tool should have.
In-Depth Data Drilling
Drilling data essentially means diving deep into business data in order that you could obtain specific answers that are filtered by source, location, time, etc. This feature is extremely crucial especially with all the pressure making decisions in real-time. This would also enable you to look into all the details you need with just one click, whether its a place, material or date. Data drilling saves many businesses time and effort, and many experienced full stack developers for business intelligence tools know the strategies to help any industry.
Data Visualization
Representation of visual data is immensely effective for businesses that want to make the information more accessible to their staff. Most BI tools nowadays use infographics to help make sense of data chaos and present it in a more appealing and understandable way. This in turn would make it easier for users to view the data from a better perspective, whether it’s a time table or a bar graph that shows statistical growth.
Suggestive Intelligence
This feature is very useful for exploring patterns and trends as well as suggesting solutions according to existing data. For example, if you’re trying to figure out why your sale figure in a specific store is lower in May, it would search for relevant employees fit to give you answers to your queries.
Predictive Intelligence
While you probably turn to you gut instinct or experience when making personal decisions, in business, this isn’t really acceptable. When making business decisions, you need facts and figures, measurable data, which a great BI tool could provide to help ensure that you make the best possible decision.
Streamlined Collaboration
Whether you’re looking to share data, discuss issues, view a dashboard of one collaborator, or evaluate data, you should have the ability to collaborate with your group from one system. This would help make certain that everyone is on the same page, giving you quantitative and qualitative insights.
The majority of business intelligence tools have at least one or all of these qualities. One might have powerful data drilling capabilities, but lack data visualization; or one might be excellent at suggestive intelligence, but not so much with collaboration. You need to make sure that the BI tool that’s right for your business can address your specific needs for your business and marketing strategy. Choose one that finds that data you need and help you predict the trends of your industry. As long as your BI tool could rise up to your business challenges, it’s the perfect one for your business.