Data Analysis for manufacturing companies?
Digital Procurement
07/07/2020
What is Power BI?
30/07/2020
Data Analysis for manufacturing companies? The best platform for you
Data analytics has never been so easy. Successful businesses have been using it for centuries to uncover insights, recognize patterns, and overall improve their enterprise by making better and faster decisions.
The ABI or Analytics Business Intelligence market revolutionized data analytics by offering easy-to-use products. Its success is undeniable, to give you an idea, the latest ABI platform- study of Gartner reported that there are already millions of customers using the BI- Tool from Microsoft, named Power-BI, after being launched only around five years ago.
The market of these modern platforms has been rapidly growing during the last couple of years and even though the growth slowed down a bit, the number of ABI-platform users and vendors keeps growing, indicating that augmented analytics in all of its forms is here to stay.
According to Gartner’s market share analysis, the market’s revenue grew by 22.3% in 2018, compared with 35.0% in 2017. Pricing pressure and strong competition were broadly responsible for this deceleration.
By now you probably noticed that, in today's world, the question is not whether to do data analytics but which tool to choose for this purpose. That is why we have prepared four short articles that will aim to give you a general idea of the best options out there, their characteristics, and our personal recommendations.
Based on a number of online reviews and surveys, we will be comparing the 4 platforms that were named “Leaders” of the analytics and BI platforms in the latest study of Gartner:
- Microsoft,
- Tableau,
- Qlik and
- ThoughtSpot.
Gartner Study Diagramm
The study describes the members of this category as the ones that demonstrated a solid understanding of product features and a strong interest in the success of their customers. Leaders also offer an easily comprehensible and attractive pricing model and products that are easy to buy and use even for teams with no experience in IT. Finally and one of the most important characteristics of the Leaders for Gartner, is that they do not focus merely on the execution, they have a clear plan to keep their position and make their investors proud.
What you can expect in the following posts are brief descriptions of these four BI Titans, along with information about their most important features and differentiators.
Join us in the upcoming weeks to get to know more about one of the most relevant topics of the 21 century Statistance-style: made easy!
Until the next time, your Statistance team!
This post is also available in:
German
