If you’re looking to map out where your business stands and the way forward on how to improve, business intelligence is a must-have.Before reading about various Microsoft Business Intelligence tools and techniques, let’s try to answer a significant question, ‘What is a BI tool?’ or ‘What is BI Tools meaning?’Ī Business Intelligence tool or BI tool is the application software that gathers and processes a large volume of data from both internal and external business sources such as journals, books, documents, files, emails, images, videos, etc. It helps push your data over the finish line by quickly showing how you are performing so you can quickly and intelligently use it to make decisions that make your business better. And once it starts flagging a little bit, BI is there to pick up the baton. Raw data is important, but it can only take you so far.
Using it to make key business decisions? Good luck. If you’re anyone other than a seasoned data professional, it probably took some time to make sense of it. Instead you’re more likely to find reams and reams of numbers. Excel is great for a lot of things, but quickly yielding pertinent and up-to-date insights usually isn’t one of them. It comes in a variety of forms, but the most common is a software tool that allows you to quickly identify how your organization is performing against key targets and unearth observations that would otherwise go unnoticed.Ĭonsider this example from the hallway of business horrors: The dreaded Excel data spreadsheet. So how can we help you on your BI analytics journey?īusiness intelligence solves a problem that every business, sooner or later, struggles with: The need to transform the glut of raw information that flows through your organization – revenue numbers, inventory, payroll – into insights that help you make better decisions. So Klipfolio is really a unique enterprise-level BI tool with leading functionality and flexibility at a very affordable price as our mission is to help enable millions of everyday people to succeed with data. Klipfolio doesn't replace these traditional enterprise tools for your data mining or data warehouse needs, instead you can easily add Klipfolio into your BI architecture to help make data analysis and visualization more self-service to all your stakeholders to make reporting easier and save you time on custom data model creation.
It doesn’t matter if you use Tableau, Domo, Qlik, Looker, Microsoft PowerBI or any other traditional BI tools, Klipfolio will make it easier to share, publish and communicate the insights they hold with the rest of your organization to help you nurture a data-driven decision making culture. Actually, Klipfolio is a great sidekick for some of the leading BI tools on the market. We often get asked how does Klipfolio compare to traditional and standard BI vendors. Now, they have everything they need to explore how their data can help achieve the ultimate goal: making better data-driven business decisions. Decision-makers aren’t confined to the data and metrics that others choose to provide for them. Today self service BI reporting tools means employees who don’t have an expansive background in IT or data analytics are empowered to segment, import and refine data themselves. The power to manipulate and work with data, all of a sudden, rested where it belonged all along: With business decision-makers at every level of the organization.
In were tools that made it simple to import data and build reports that made sense to the end user. Out were expensive programs that required extensive analysis from a large team of data professionals. Self service business intelligence allowed executives, managers and other team members charged with mapping out strategy to take control of their data. Over the last decade or so a new breed of BI software company emerged in response to the problems with traditional BI tools. The rise of self service business intelligence Until – you guessed it – new technology changed everything. But for a long time those hoping to leverage BI tools to make better business decisions had no choice but to deal with them.