Business intelligence software solutions refer to computer-based systems and tools that are used to translate raw business data into insightful, and thus more useful, information for business analysis decisions. Such a software system can manage large amounts of unstructured, unprocessed business data to enable companies to spot, expand, and even generate new business prospects and strategies. Generally observed, business intelligence software contains three main sets of operations: data discovery, data management, and reporting, and it is expected to include a vast suite of metrics, evaluation features, and analytical capacities. The solution can either be a standalone solution, or can be included in multi-operational project management software.
Selecting a an appropriate SaaS solution from the scores of good quality apps out there can be a hard task. To help you, we have prepared this quick briefing. Find out if the SaaS provider offers the following advantages:
Reduced Cost: Most SaaS systems are pay as you go, and you don’t need to worry about added investments for software maintenance or IT resources, upfront licensing fees, or in-house IT employees.
Fast Set-up Time and Minimized Risk: You should be able to deploy the SaaS software quickly and easily. Make use of the free trial to learn if the app fits your needs. If you pick a wrong program, you can bail out easily with minimum losses.
Customization and Integration: Select a provider that offers a wide range of software packages and modules. You should be able to pay only for the functionality you use to meet the current needs of your company.
Security and Control: The platform should provide robust security. Pick a vendor whose databanks are more secure than those in your office to maximize the advantages.
The Infrastructure: The vendor should offer the needed infrastructure so that you need not host anything in-house or need the help of internal IT resources.
Web Access: Your staff members should be able to access data anywhere, anytime. To assist them be industrious on the go, choose a provider that offers mobile apps that are compatible with popular operating systems.
Consider all the six important aspects mentioned above to select the right program for your needs.