Business Intelligence Platforms Explained

Discover how Business Intelligence Platforms transform data into insights for smarter business decisions. A straightforward guide for non-tech business leaders.

23.02.24.

9 minutes

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Business Intelligence Platforms Explained

A man using a laptop and a tablet with the screens showing various charts.

What's a Business Intelligence Platform?

Think of it as a helper tool for making awesome choices for your business. A BI platform is this cool tool that collects info from all over your business, looks at it closely, and then shows it in a way that's easy to get. With a BI platform, you can see what's going on in your business at this moment. This lets you make fast and smart decisions.

Why Your Business Needs a BI Platform

Think of a BI platform as a helper that makes your business smarter. It helps you understand your customers better and see which products they like. It can even guess what might happen in the future. With this platform, you can use the information to make good plans for your business. This can lead to happier customers and more growth for your company.

Making Hard Data Easy

A tough part of business is managing a lot of information. BI platforms help with this. They change hard info into reports and pictures that are easy to read. You don’t need to be great with computers to get these. It's like having a helper who makes your business info easy to understand.

Quick Decisions for a Fast World

Today, things in business move quickly. A BI platform helps you keep up. It gives you the latest information all the time. This means you can quickly react to changes and stay ahead of others in your field.

Knowing Your Customers Well

It's important to understand your customers to succeed. BI platforms look at information about your customers. They show you what they like and what they might want later. This helps you make products and services that they will love.

How BI Platforms Help Your Business

Using a BI platform can change your business in good ways:

  • Do Things More Efficiently: The platform does the work of collecting and looking at information, saving you time.
  • Make Better Choices: You get up-to-date and correct information to help you decide wisely.
  • Earn More Money: Understand what the market and customers want to increase sales.
  • Spend Less Money: Find out where you can cut costs without losing quality.

Finding the Right BI Platform

Choosing the best BI platform can be hard. You need one that fits the size of your business and what you do. At Teamcubate, we know this is not easy. We help businesses find the best BI tools and even the right people to use them. This means you get a tool that works perfectly for your business.

Easy Ways to Start with BI Platforms

Starting with a BI platform is not hard, especially with Teamcubate helping you. Here's what you can do to start:

  1. Decide What You Need: Think about what you want from a BI platform. What kind of info will help your business?
  2. Talk to Us: We're here to hear you out. Share with us your business size and your goals. We'll help you find the best BI platform for your needs.
  3. Setting Up Made Easy: You don't need to worry about the tech stuff. We'll show you how to set up the BI platform. It's easier than you might think!
  4. Finding the Expert: We'll find you someone who's great at using the BI platform. They'll handle all the technical parts.
  5. Get Going: Once it's all set up, you can start using the platform. It will make complex data simple to understand.
  6. Always Here to Help: Got questions or need help? We're right here. We'll make sure you feel good and sure about using your new tool.

By following these steps, you'll see that using a BI platform is easy and really good for your business. With Teamcubate's help, you're ready to start making smart choices using data, which can help your business get bigger and better.

The Importance of Choosing the Right BI Tools

It's very important to pick the right tools for BI platforms for your business. The right BI tool helps you get your data better. It makes it simpler to see key info about your business. This means you can make smarter decisions. If the tool fits what your business needs, you can save time and be more efficient. It's like having the right key for a lock. The right BI tool shows you important things for your business, helping it grow and do well among others. So, picking the best BI tool is a big step in improving your business.

Top 10 BI Tools

There are many tools for BI platforms. Here are 10 popular ones:

  1. Tableau: Tableau is easy to use. It shows data in charts and graphs.
  2. Microsoft Power BI: This is good for businesses that use other Microsoft stuff. It works well with them.
  3. QlikView: QlikView is fast with data. It helps businesses look at a lot of data quickly.
  4. SAP BusinessObjects: This tool is for big companies. It has many features for looking at data in detail.
  5. IBM Cognos Analytics: IBM Cognos is for making complicated reports. It's strong.
  6. MicroStrategy: MicroStrategy is for detailed data work. It's good for deep data digging.
  7. Oracle BI: Oracle BI is good for businesses that need a tool that can grow and is reliable.
  8. SAS Business Intelligence: This tool is for advanced work. It's for businesses that need deep understanding.
  9. Domo: Domo is based online. It's good for businesses that want to see their data from anywhere.
  10. Looker: Looker is for businesses that want to customize how they look at data. It's flexible.

Each tool has things it's good at. The best one for you depends on what your business needs and wants to do.

How Teamcubate Helps with BI Platforms

Three men looking at a chart on a whiteboard.

Teamcubate is here to help you find the right BI platform and the people to use it. We’re good at matching businesses with the right tools and team. Here's how we help:

  • Understanding What You Need
    First, we chat with you about your business. We look at your business size, what you do, and your goals. This helps us pick the best BI platform for you. We also think about the kind of people who are good at using these tools for your business. It's key that these tools and people fit well with how you do things.
  • Fast and Right Matching
    We aim to quickly find the perfect match for you. In just three days, we can connect you with someone who's great at using BI platforms. This means you won't wait long to start using these tools.
  • Try Without Worry
    We know picking a new tool or team member is big. So, we offer a two-week, no-risk trial. You can try out the developer or BI tool in your business. See how it fits with your team. This helps you be sure about your choice.
  • Help All the Way
    After you get your BI platform and the person to run it, we still help you. Our HR team is here to make sure everything goes well. From adding the new tool and person to your business to keeping them happy at work, we’re here for you.
  • A World of Talent
    We have talented professionals from all over the world. So, we can find the best person for your business, no matter where they are. And if it doesn’t work out, there are no extra costs. This lets you find the best fit without worry.

Why Teamcubate?

Choosing Teamcubate means more than just getting a BI platform or a pro. You get a partner who cares about your business. We take time to know your needs and find the best solutions for you. Our flexible way and focus on quality mean you always get the best service.

How BI Platforms Enhance Business Intelligence and Analytics

BI platforms are super helpful for business smarts and figuring things out. Let's explain this a bit. Business intelligence means getting to know your business more. This includes seeing how your sales are, what your customers like, and where you can cut costs. BI platforms make all this simple. They collect all kinds of info from different areas of your business and show it in an easy way. This lets you see the whole story of how your business is doing without having to sort through tons of data.

Then there's business analytics, which is about planning for the future. It takes the info you have to guess what might happen later. Like, it can tell you which items might get popular or when you might need more people working. BI platforms do this by spotting patterns and trends in your business info. So, basically, BI platforms help you understand your business now and also plan for what's coming. This helps you make better choices and keeps your business moving forward.

Why a Business Intelligence Analyst is Great for Your Business

Getting a BI Analyst on your team has lots of benefits. These experts are really good with BI platforms, and they can do a lot for your business:

  • Knows BI Tools Well: A BI Analyst really understands BI platforms. They can use every part of it well to help your business. This means they can make hard data into reports that are easy and clear. You don't have to spend time trying to learn the platform; the analyst does that.
  • Saves You Time: BI Analysts are good at using BI platforms, so they save you lots of time. They do the data work, letting you focus on other big things in your business.
  • Smart at Understanding Data: BI Analysts are more than just data handlers. They're great at seeing what data means. They can find trends and things you might not see right away. This can help you find new chances, understand the market better, and save money.
  • Helps You Choose Well: With a BI Analyst, you get more than just data. You get insights. They can tell you how to use the info to make smart business choices. This can lead to better plans and staying ahead of others.
  • Fits Your Business: Every business is different, and BI Analysts get that. They can make the BI platform work just right for your business, making sure you get info that's really useful for you.

By hiring a BI Analyst, you're giving your business a helpful tool. They help you use data well to make good decisions, spot new chances, and guide your business to do even better.

Spotting a Good BI Analyst from Their Resume

To pick a skilled Business Intelligence Analyst from their resume, focus on a few key points. Look for their experience with specific BI tools and platforms. Names of these tools will show they have the right technical skills. It's also good if they have worked in your industry before. This means they understand your specific needs. Check their achievements in previous jobs. Did they help a business grow or save money? This shows they can use data well. Their education matters too. Degrees in areas like computer science or business are a plus. Lastly, see if they have solved big problems in their past jobs. This means they are good at finding answers in the data. Remember, a resume is just the start. You'll learn more about their skills in an interview or a trial period.

Real-Life Uses of Business Intelligence in Major Companies

A man giving a presentation to a team of employees.

BI platforms are used by many big companies in different ways. Here's a more varied look:

  • Understanding Customer Choices at Starbucks: Starbucks uses BI to learn about what their customers prefer. This helps them decide on their menu items and where they should open up new shops.
  • Content Decisions at Netflix: At Netflix, BI plays a role in understanding viewers' choices. They analyze viewing habits to choose or create new shows and movies that people will likely enjoy.
  • Shopping Insights at Amazon: Amazon employs BI to study how people shop. They use this information to recommend products, aiming to enhance the shopping experience for their customers.
  • Social Media Analysis at Coca-Cola: Coca-Cola turns to BI to gather public opinions from social media. This helps them in planning their marketing and advertising strategies more effectively.
  • Service Optimization at Uber: Uber uses BI to analyze travel data from their app. This information is crucial for them to improve their services and optimize driving routes for efficiency.

By looking at these varied uses of BI in different companies, we can see how versatile and impactful these platforms are in understanding customer behavior, improving services, and making strategic decisions.

Wrapping Up: Why BI Platforms are Key to Business Success

Let's wrap this up: BI platforms are super important for your business's success. They help you make sense of all the info your business gathers. This makes choosing the right path and staying ahead in your field easier. Big companies, like Starbucks and Netflix, use these platforms to understand what customers like, which helps them make smart choices. Picking the right BI tool can save you time and show you new things about your business. There are lots of tools out there, like Tableau and Microsoft Power BI, each good for different needs.

At Teamcubate, we're here to help you choose the best BI tool and people to use it. We support you from choosing the tool to putting it to work in your business. With the right BI platform and a great team, your business can grow and do really well.

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