Businesses are looking for more efficient ways to analyze and leverage data for competitive advantage. Here are 10 of the coolest business analysis tools that can help.
From making day-to-day business decisions to long-term strategic planning, businesses and organizations increasingly rely on data and data analytics. Data analytics also plays a key role in major initiatives such as business process automation and digital transformation.
The market for big data and analytics software and services will hit $90 billion in 2021 and is expected to more than double by 2026, according to market researcher IDC. This presents a significant opportunity for this channel.
A major challenge today is finding business analytics tools that can be used by a wide range of information workers and that can handle data that is not always neatly packaged or easily accessible.
Today’s business intelligence software goes far beyond the basic reporting capabilities of BI tools of the past. They combine AI and predictive analytics, can be embedded in operational applications, and can handle huge data sets that may be scattered across hybrid/multi-cloud systems globally.
Here are 10 business analytics tools that will catch our attention in 2022, some from startups, some from established companies, some new and some newer.