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5 best business analytics tools in 2020


Excel

Excel has different kinds of powerful features like form creation, VBA, Pivot Table, and many more. The system of Excel is so huge that there are no analytics tools capable of surpassing it; it ensures that the user can analyze various data as per their requirement. Excel is considered to be a versatile player. It is best for handling small data, but with the help of plugins, it is also capable of handling huge amounts of data. Excel is rated as one of the best tools for learning data and business analytics by many professionals. 

BI Tools

Business intelligence is developed from data and business analytics. The main objective is to shorten the total time for a particular business and use the business data to make proper and effective decisions.  BI tools mainly focus on data analysis compared to Excel. Power BI, Fine Report, Tableau are some examples of BI tools. Data cleaning, data processing, data modeling, and after all these, data visualization is done. All the processes help in identifying the problem and also help in making proper decisions. There are a few points in business analytics that can be addressed well with the help of the mentioned BI tools.

Tableau

The specialty of Tableau is the Pivot Chart and Pivot Table in Excel. We can also say that Tableau is an extended feature of our very own Excel. From present market feedback and the perspective of various development histories, it can be said that Tableau is better for visualization. The charts, user interface, design and color gives a fresh feeling to the user. Tableau has intelligent data analysis and data cleaning functions. The team has put a huge amount of effort in order to give those type of charts and designs that are liked by users and are best for their work. 

Fine Report

The best and unique feature about Fine Report is that the self-service of data analysis is very special and suitable for all the business users. With simple drop and drag operations, the user can design different styles and types of reports and also can build a system for data decision analysis. Fine Report is capable of connecting to every kind and type of database and it is very easy for the user to customize different styles for making annual, monthly and weekly reports. The features of Fine Report include report permission assignment, data entry, report creation, report management and many more.

Python and R

Python and R are two very important tools that are included in business analytics. These programming languages are different and very powerful as well as flexible. These two languages are very important tools for data science, so they are very powerful compared to BI tools and Excel. These languages are used for individual predictive analysis and professional statistical analysis, which is an integral part of business analytics and are widely used by all the organizations.

Resource Box

Business analytics has taken the world by storm and it is a very important aspect that business organizations depend on. All candidates should choose ExcelR which provides Business Analytics Certification in pune.

Comments

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