With BI software, much of this process can be automated or streamlined. In addition, sifting through all this data takes time and requires the experience of data professionals. Less-complicated statistical analysis tools like Microsoft Excel may not be able to handle such large data sets, especially as the size grows to the millions and often billions of rows. BI software then can take the data from all the services that they monitor, and put it all in one place.Īs businesses get larger and integrate software with more of their operation, they start to collect massive amounts of data. These tools can connect to many types of software, including spreadsheets, accounting tools, ERP systems, CRMs such as Salesforce, and marketing automation tools. ![]() Business intelligence is software that tracks, analyzes, and visualizes all of a business’s data.
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