microsoft business intelligence software strategy

Not surprisingly, business intelligence-which dates back to the 1970s-continues to advance. They support advanced data mining techniques. Increasingly, business intelligence platforms intersect with machine learning (ML) and other artificial intelligence (AI) tools, such as natural language querying. Business Intelligence Software Tools: Vendor Comparison Chart.

Business Intelligence Tools: Additional Market Leaders.What Other Tools Work With BI Software?.They can span various departments, including finance, human resources and operations. These can range from past events, such as how a product or service performed, to predicting future events and scenarios. The objective is to support business processes across an organization. They usually encompass data extraction, data cleansing, data governance and dashboards or other mechanisms that allow users to view reports and visualizations. BI software is the foundation of digital transformation.īI systems incorporate or use various data sources, including spreadsheets, querying software, reporting tools, online analytical processing (OLAP), data mining, data warehouses, and data marts.

They construct models that deliver answers and insights through reports, charts, graphics and other data representation methods.

These BI tools collect, manage and interpret mountains of structured and unstructured data. Business intelligence (BI) software tools enable companies to analyze events, trends and market changes to gain competitive advantage.

Microsoft business intelligence software strategy