Features to Look For in BI Tools

The world of business is one that has advanced quitemonitoring-oriented dashboards, you can see quickly
a bit in the last twenty years. Developments inthe things you're doing right and the areas where
technology have made it possible to increaseimprovements are necessary. Trends and aberrations
productivity and accomplish more than was everare also more easily spotted. Before you buy, know
thought possible before the age of the Internet. Ofwhat you're getting into, and make sure that the BI
course, the only way this can happen is through thesoftware you are evaluating includes easy to use
use of improved business intelligence (BI) tools, whichvisualization tools.
are designed to provide you and your employees withUnified Business Analytics: Knowing your strengths and
the information needed to get a comprehensiveweaknesses is only half of the battle. You must make
overview of your company's performance andsure that you have a clear idea of what to do with
productivity. But what kind of features should you lookthat information. That's where unified business analytics
for in BI tools?come in to play. With target based and balanced
Data Access and Mashup: No matter what thescorecards, alerts for exceptions, interlinking between
business that you are in, you need the type of dataprograms, and crossover access to applications such
access that allows you to know the things which keepas Microsoft SQL Server Analysis Services, Hyperion
you competitive within your industry. Information suchESSbase, Oracle OLAP, and SAP NetWeaver, it
as monthly revenue, orders by customer, salesbecomes easier to explore the ramifications of your
information, and employee sick time can all factor in.content and produce plans or contingencies.
Reward the tenacity that helps you meet quotas.High performance in today's economy is not getting
Seek clients that are profitable in both revenue andany easier to come by. Nevertheless, it is possible if
time. Pat employees on the back who go that extrayou prepare for it by taking stock of where your
mile. Technology enables you to monitor virtuallybusiness is, and where it needs to go in order to stay
anything pertaining to your organization, so ensure theviable. Don't leave things to chance, and don't refrain
BI tools that you evaluate include powerful and flexiblefrom searching for these tools based simply on the
data access and mashup tools.fact that you don't understand the technology. The
Visualization: Raw data is not always easy to use andappeal of BI tools is that they make your life easier.
translate into conclusions without more simplifiedEase of use and self-service capabilities are key
presentation. That's where visualization tools add value.features of today's software - which represent a
Through multi-dimensional charting, analytic andgreat improvement from the tools of yesterday.