The Average Cost of a basic Business Intelligence Software plan is $65 per month.
54% of Business Intelligence Software offer a Free Trial
, while 24% offer a Freemium Model .PRODUCT NAME | SW SCORE | AGGREGATED RATINGS |
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A Business Intelligence (BI) software helps you in getting insightful reports on your business by analyzing, exploring and retrieving data from your operations. BI software is beneficial for the growth of your business as they provide you with tools and reports to help you make informed decisions. Its advanced analytical tools and cloud-hosting features have attracted business from all types of industries and have been a significant contributor to their success.
There are many Business Intelligence software available online with a variety of tools and features that selecting the right BI software is in itself a big task. No BI software perfectly suits every type of business, so you must choose software that’s best for your business and satisfies all your needs and requirements. The various points that you need to consider before going for a particular BI software are:
Typical Features
Helps you in understanding the present situation and where your business is heading so that you can make decisions accordingly.
Defining future strategy or direction based on well-detailed reports and forecasts.
Forecasting the profitability of any particular proposal or optimizing the profitability of an existing project
Evaluating and measuring the performance of the business which will help you make informed decisions and correcting past mistakes
Helps in analyzing stored raw data and converting them into useful reports
A digital insight of reports and other workings on a single screen
Setting up standards and targets for your team and team members, so that they are performing at their best
Creates impromptu reports as and when the occasion requires
Helps in answering a query as and when it arises
A statistical model, analytical report or any other type of data summary particularly designed to answer a single, specific business question.
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