BI Software for Small Businesses: Worth the Investment?

Business Intelligence Software and Platforms for Small Businesses

The results showed that 68% of respondents utilize analytics more frequently than large enterprises. According to the same poll, small businesses employ data analytics to boost productivity, enhance customer/user satisfaction, forecast outcomes, and guarantee business performance continuity. The possibility that firms using on-premise solutions will switch to cloud platforms has increased as a result of the usage of data analytics, which produced new use cases that illustrated the advantages of cloud-based BI. business user

Business intelligence/business professionals trends are changing to give organizations new capabilities. Data discovery, which was traditionally the purview of professionals in advanced analytics, is now made simple by these platforms. Decision-makers can quickly access data and take action on it thanks to visual analytics. Two of the most important trends in BI are the support for mobile devices and cloud deployment. This enables people to view and analyze data using any device.

Selecting the ideal BI platform service solution might be difficult. We'll go over the main benefits and advantages of each product with you. We'll talk about any potential negatives as well.

Wyn EnterpriseWyn Enterprise, a powerful business intelligence tool that is browser-based, allows businesses to create complex reports and dashboards. Platform features include self-service BI and multisource data integration. Data visualization, reporting, and online document design are also included. These tools are designed to work together in order to streamline data modeling, data governance, and schedule distribution.

Use Wyn Enterprise to integrate several data formats, including Excel, JSON, and CSV, into your applications. Wyn Enterprise furthermore provides a user-friendly user interface (UI) that enables both technical and non-technical persons to profit from data opportunities with ease. You can test out the features of Wyn Enterprise without spending any money or making a commitment, thanks to their free trial offer.

The admin portal, document portal, and resources portal are the three portals that makeup Wyn Enterprise. Administrators can manage accounts, set up the server, and alter account settings using the admin site. The document portal, however, is primarily meant for end users. On the other hand, the resource portal assists IT teams and administrators in gathering data from the server and controlling data accessibility.


What makes Wyn Enterprise Unique?

What makes Wyn Enterprise Unique?
  1. Easy-to-use: Easy to use is one of the features that make Wyn Enterprise stand out amongst other BI Tools. Users can create dashboards and reports with ease since there is no need for coding.

  2. Multidata source integration: The software supports multiple data formats and allows users to real time access different types of data such as cloud, database, programmer, or locally stored files.

  3. Customizable user interface: The Wyn Enterprise dashboard is also customizable to match the branding of your business. You can customize the look of your solution by changing things like themes, titles, and UI elements.

  4. WynDashboards: Wyn Enterprise offers user-friendly dashboards which display data analysis visually. Dashboards include filters, cross-filtering, designer integrated viewer, and auto refresh, among other powerful data visualization features.

  5. Supports different types of charts: Wyn Enterprise also supports a wide range of chart types, including polar charts, radar charts, specialized charts, and statistical ones.


Zoho Analytics

Zoho Analytics

The data analytics platform Zoho Analytics is the next platform on our list. This program is a component of the Zoho suite and comes with a wide variety of powerful capabilities. They are very adaptable, simple to use, and expandable. You may use this program to automatically collect and analyze data from many sources. Additionally, it expedites the production of reports and data visualization for presentations. Additionally, it features REST API integration capabilities that let you automatically get data from other programs.

Great for both small and large businesses, Zoho Analytics is a business intelligence solution. Its user interface is extremely scalable.No matter how big or small your datasets are, this makes real-time data processing simpler. If you need to discuss data analysis results, it also includes collaborative workspaces for teams of two to fifty individuals. To find out more, try out Zoho Analytics' free trial.

A rewards and recognition company called Citrix offers businesses customized solutions that boost customer loyalty and promote growth. When it comes to sophisticated reporting and database management, they were unable to satisfy the demands of their clients. Because they are a tiny business, they cannot afford to employ experts for this job. They reached a compromise by using software that provides high-quality actionable insights rather than paying people. They came upon Zoho analytics by accident.

The moment they started utilizing Zoho Analytics, they were able to publish reports and develop dashboards. By using the platform, they were able to spend 20 hours less each week on data analysis and respond to their client's demands more quickly. Additionally, they were able to grow their clients' businesses by at least 30%.


What makes Zoho Analytics Unique?

What makes Zoho Analytics Unique?

1. Importing and syncing data is simple with Zoho Analytics. It has access to several on-site databases, cloud storage systems, and other programs. Duplicates are also formatted and removed.

2. Simple chart generation. Use Zoho Analytics to create graphs and charts without needing spreadsheets or other programs. Select the reports you want to view, then use drag-and-drop navigation to change their format.

3. Effective visualsFor the creation of static and interactive graphs and charts, Zoho Analytics provides a number of formats. You may design presentations and reports based on the preferences of your stakeholders or your organization.

4. Integrated Collaboration ToolsCustomers get access to collaborative workspaces with communication key features by using this platform. You may exchange data and reports using this function in a secure setting.

5. Open-API Functionality. The Zoho Analytics Platform's features and capabilities can be expanded by users using the open-API tool. You don't have to transfer from one piece of software to another to carry out tasks since your system may be integrated with already-existing apps. This makes data collection and synchronization simple.


BigID

BigID

BigID, a platform for data intelligence, made our list because of its capacity to analyze corporate data in big business processes. To simplify data management, the platform combines data discovery, privacy, and security technologies into a single, handy platform. It also includes powerful tools for asset inventory, risk management, compliance, and data classification. The program, among other things, automates privacy evaluations, requests from data subjects, and records of processing activities.

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What makes BigID Unique?

Effective Analytical ToolsThis platform uses unique graph technology to make it easier for you to organize your data effectively and identify relationships. The engine also employs natural language processing and machine learning. To obtain insights and data more quickly than ever, you may now automate data intelligence.

Strengthened Privacy and security data rights automation, privacy settings, RoPA and PIA compliance, risk management, and breach response are all features of the platform. With these technologies at your disposal, you can be confident that your database will always be secure.

Complete Compliance administration hundreds of data retention policies are supported. This tool will assist you in staying current with laws like GDPR, HIPAA, and OSHA.

Data source that is easier no matter where your current business systems are located; BigID can connect to them. You may use this to combine all of your data into a single platform. Additionally, it makes use of machine learning to prevent the copying of duplicate data. This accelerates the cataloging and labeling of data.

Convenient deployment choicesOn-premises, cloud, and hybrid settings can all use BigID.The system may then be implemented in accordance with your company's/business requirements.


Sisense

Sisense

A Business inte solution called Sisense enables companies to gather, examine, and evaluate data. The firm may then utilize this information to formulate strategic strategies and make informed faster decisions. The application gathers your data into one dashboard and provides you with a thorough look with its drag-and-drop feature. Reliable assessments may be produced using visual reports, which simplifies the procedure considerably. The platform is easy to use and enables users to pick up system navigation fast.

Sisense is a fantastic choice for folks who are new to BI solutions since it provides novices with intuitive data processing. Don't worry if you're seeking scalability, extensibility, or flexibility. Developers may benefit from its API-first methodology as well. To assist you in understanding more about the product, Sisense provides a free demo. You may thoroughly examine the tool's functionality using Sisense's free demo.


Case Study

More. The upscale hotel company quickly realized the advantages of the approach. The management was keen to utilize a system that gave agents real-time feedback while being user-friendly enough for non-technical users to carry out analytical tasks. The management's service is phone-based and highly personalized, and their database is unstructured; therefore, they were unable to employ conventional ways of measuring sales metrics or closure rates.

Magellan Vacations didn't initially choose Sisense. However, it was the technology that made it possible for them to forgo recruiting new employees and save $80,000 a year on reporting. Magellan Vacation has been able to save time and money in its IT department ever since it was implemented. They cite Sisense as being the easiest-to-use program they have ever used. They may now alter data in real-time, teach agents in real-time, and provide feedback to them in real-time as they work towards corporate objectives. Additionally, they may go deeper into each agent's and department's performance. Instead of adopting a fixed BI strategy, they may rapidly share findings and provide customized reports.


What makes Sisense Unique?

  1. In chip engine and proprietary technology: Run ad-hoc queries, and receive answers immediately (no preparation of data required for each new question).

  2. Single stack architecture: A tool that allows you to collect, organize and analyze data using a single tool

  3. Optimized Use of Computing Resources: No Need to Hire Professional Analysts, Maintain Complex Hardware, or Make Excess IT Investments

  4. Consolidation Charts from Multiple Sources: The unique strength of Sisense is its ability to automatically identify and bring together charts and table data from different sources and combine the data without your involvement.

  5. Minimal TOC: No DBA or manual mashups are required, and no scripts need to be learned. As all data analysis is done in one system, you will not need to invest in data warehouses or professional maintenance services.

Read More: What Are Some Examples of Software Solutions For Business Intelligence?


Qualtrics Research Core

Qualtrics Research Core

Both small and large enterprises may utilize Qualtrics Research Core, a research program that is hosted in the cloud. It is a dependable online research tool made to equip brand and market researchers across a range of sectors, including retail, automotive, media, B2B, and travel. The platform is a potent online survey solution with features like project management, multichannel survey distribution, real-time analytics, and reporting that streamline surveys and make it simpler to track client involvement.

The original corporate survey software, Qualtrics Research Core, is both simple to use and very effective. It distinguishes itself from the others in this field with its quick survey creation capabilities. Additionally, Qualtrics Research Core makes it simple to distribute online surveys through several platforms. Within a configurable module, it streamlines data visualization and analysis. Gaining practical insights enables organizations to accelerate development, transformation, and momentum. To learn more about the features, utilize the Qualtrics Research Core trial.


Case Study

Under Armour was aware that entering the sportswear and shoe market would be a difficult task. Under Armour knew that companies like Nike were dominating the market and only high-performance products could help them knock these behemoths from their perch.

The necessity that is sometimes referred to as the mother of creation motivated Under Armour to investigate possibilities in order to carve out a niche in the market. Following a thorough investigation, Under Armour discovered that the experience data of their target consumers held the key to defeating the industry heavyweights. To gather data, which would later be analyzed for useful insights, they required strong BI tools. For the purpose of streamlining the product testing program, Qualtrics Research Core was chosen.

The platform used by Under Armour features robust survey capabilities that enable useful product testing. After a shorter feedback loop, Under Armour's product testing program expanded from 100 testers at first to over 10,000 testers. The technology from Qualtrics makes product testing easier. Employees may quickly distribute items to testers or performance athletes and get immediate feedback.


What makes Qualtrics Research Core Unique?

1. Templates for customized surveys. Uniquely, Qualtrics Research Core provides editable survey templates. Based on the customer's location or past purchases, marketers may execute targeted campaigns by customizing the survey forms.

2. Effective IntegrationsThe solution interacts with well-known corporate applications, including Microsoft Dynamics, Tableau, and Zapier. Additionally, it incorporates Zendesk Freshdesk Marketo, Google ServiceNow Google Slack.

3. Distribution of Multichannel SurveysMaking online surveys is not enough; you also need to get them in front of your target audience. Both procedures are made simpler to handle by Qualtrics Research Core. The platform provides multichannel survey distribution, which enables you to communicate survey questions to the audience and gather the required data.

4. Simulation Instrument. Additionally, Qualtrics Research Core includes a potent tool for price and product configuration analysis.

5. Data collection is simple. With the help of the potent tool Qualtrics Research Core, firms may gather information through respondents' chosen methods.


ActiveBatch

An IT automation tool called ActiveBatch is renowned for its potent capacity to simplify operations. By using a platform, users may manage the complexity of IT systems while yet preserving the dependability of business opportunties procedures and processes. Users may feel at ease with ActiveBatch's alerting features, workflow monitoring, and real-time analytics.

Although the main purpose of ActiveBatch is to automate IT activities, its analytical and business intelligence capabilities should not be disregarded. Numerous noteworthy features are provided by ActiveBatch, such as template reporting, SLA Monitoring, Gannt Views, custom reporting, and potent business analytics tools. You may examine the features of ActiveBatch using the free trial it offers.

The insights and analytics module offers solutions to assist organizations in extracting useful information from their databases, systems, and applications. A strong monitoring and warning mechanism for processes is also included with ActiveBatch.The module notifies users whenever the predetermined criteria are satisfied, enabling them to locate and eliminate process bottlenecks.


What makes ActiveBatch is unique?

1. Business analytics and effective reporting. To assist organizations in processing data and presenting information to end users in a way that is simple to grasp, ActiveBatch offers a choice of reporting options. informed Decision-making is aided by the dynamic visualizations of system health and performance data.

2. A thorough look at machine loadIn order to analyze the system and identify which resources are required based on workload, the platform also provides heat maps.

3. Gantt perspectivesYou can quickly check the current progress of any workflow within its context using the Gantt view. You may view what has already been done, what is being done right now, and what is coming up.

4. Template surveillance. Utilize the power of SQL queries using ActiveBatch's robust template reporting. With the help of this tool, you may see your task templates and other significant system components in crystal-clear detail.

5. Monitoring SLA.Do you have important workflows with deadlines or service quality requirements that must be met? You can enforce policies, keep track of development in real time, and make sure SLAs are satisfied with the aid of ActiveBatch.


CXAIR Platform

Designed for healthcare, retail, and financial organizations, the CXAIR Platform is a comprehensive, cloud-based data discovery and powerful analytics solution. This is a dependable instrument that enables companies to learn more and boost growth. The main goal of the CXAIR platform is to give organizations the resources they need to link and combine data sets. Data categorization, visual analytics, self-service data prep, and data preparation are some of its most crucial aspects.

Traditional BI systems do not employ the search engine Apache Lucene, but CXAIR does. The program collects and transforms structured, semi-structured, and unstructured data into a single view using this robust engine. It gives companies a centralized repository to provide precise management reports and useful information. You may test out the CXAIR Platform's features for free and learn more about it.

Financial companies wishing to manage client data, monitor performance, or provide compliance will be astounded by CXAIR's robust features. Healthcare organizations with concerns with procurement, regulatory compliance, or fraudulent transactions can also utilize CXAIR.

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Conclusion

With the worldwide pandemic, it may be difficult for businesses, especially small ones, to develop and optimise their operations. Business intelligence software can assist. However, not all BI technologies will be able to support your current workflows or provide you the precise tools you want. This is why it's crucial to use a systematic decision process to guide you in determining which options will serve your operations the best.