The business intelligence (BI) software market can be tough to navigate. Not only do organizations have to sort through hundreds of available products, they also have to make sense of the jargon, trends and other technical aspects of BI tools (e.g. “OLAP” or “in-memory processing”).
Getting a handle on these concepts early in your research process is critical. You’ll want to be literate when you discuss your next purchase with your management team, IT staff and eventually sales representatives.
Fortunately there are several online resources to help you get up to speed. For example, Software Advice, a website that reviews and compares business intelligence software vendors, recently put together an introduction guide to three BI tools: data warehouses, ETL tools and OLAP tools.
In their post, they explain the function that each tool performs, and why and when companies need to use them. They also discuss four prominent trends currently playing out in the market: predictive analytics, SaaS, “Big Data” and in-memory processing. To continue reading, visit “Business Intelligence 101 | A Beginner’s Guide to BI Software.” or “The Beginner’s Guide to Business Intelligence“.