These days, staying competitive in any business requires plenty of hard work, a lot of smart planning, and highly efficient resource management. However, making the right business decisions requires having up-to-date intel. But getting the latest facts can be hard if it’s hidden in a chaotic mess of numbers and random bits of information. This is where data analysis tools come in.
Indeed, data analysis tools shouldn’t be overlooked if you want to truly maximize your organization’s strengths and target your competitors’ weaknesses. They are vital for translating raw business data into helpful business insights. Thankfully, there are now many programs out there to help visualize and evaluate all your data. Here are five of them:
Microsoft’s own Power BI Services offers users an easy-to-learn solution for data analysis. Primarily cloud-based, it’s also available for download as Power BI Desktop. Its most important function is to provide interactive data visualizations for effective business intelligence gathering. The program also allows users to import data from Excel workbooks and provides a streamlined means to visualize your numbers. More than anything, this makes for a relatively easy-to-use tool to analyze complex data.
Though still in the experimental stage, this data visualization tool is already becoming widely used by many businesses in different fields. Google Fusion Tables lets users visualize raw muddled data through various means. This includes maps, charts, graphs, and even custom layouts. What’s more, all the data and files are stored automatically on Google Drive, which allows for easier collaboration within your team.
If you’re looking for a great open-source solution, then RapidMiner is the tool for you. This web-based service goes beyond creating analytical models. Its functions also help operationalize predictive analysis and combine data within any business process. RapidMiner also includes 1500+ other features that make handling data easier and smoother.
As an application, Infogram provides anyone an easy tool to create their own infographics from simple data. Though primarily made to help businesses promote their websites, it can also be made for accurate and visually appealing reports. Indeed, its engaging infographics, charts, and even maps can help your team better imagine your data and plan for your business’ future.
Another open-source tool, NodeXL is a template for Microsoft Excel that lets users explore network graphs and undertake a handful of complex functions. This includes advanced network metrics, task automation, detailed report generation, and much more. What’s more, it’s designed for users with little or no experience in programming—making it easy to learn from scratch.
These days, it’s hard to effectively manage any business without the right data analysis software. No matter how big or small your company is, making the right decisions depends on getting accurate and up-to-date information. The above examples offer only a small sample of the many possible tools you can have at your disposal to help you out. With the right software, you’ll be sure to maximize any advantage and uncover new opportunities to help you grow your business.