Businesses are seeking more efficient ways to analyze and leverage data for competitive advantage. Here are 10 of the coolest business analytics tools that can help.
Businesses and organizations increasingly rely on data and data analysis for everything from making day-to-day business decisions to long-range strategic planning. Data analytics also plays a critical role in major initiatives like business process automation and digital transformation.
The market for big data and analytics software and services reached $90 billion in 2021 and is expected to more than double by 2026, according to market researcher IDC. That presents significant opportunities for the channel.
A major challenge today is finding business analytics tools that can be used by a broad range of information workers and can work with data that’s 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 incorporate AI and predictive analytics capabilities, may be embedded within operational applications, and can work with huge datasets that may be scattered across hybrid-cloud/multi-cloud systems around the world.
Here’s a look at 10 business analytics tools, some from startups and some from established companies, some new and some updated, that caught our attention in 2022.