There are many business intelligence solutions on the market, which, as a rule, handle one task - building corporate reporting. A separate class of BI applications from renowned vendors, such as Oracle, SAP, IBM and others, also exists. Our experts have prepared their own list of business intelligence tools to help you better understand the main players on the BI-market and decide what features you’d like to see in your own custom-built software.
BI-systems allow you to quickly monitor the current state of the company, providing an indispensable tool for decision-making and forecasting. Implementation of BI systems allows you to:
Power Query is a tool for integrating data into Excel from external sources. It allows you to search and open information from various sources available online and through corporate networks. It can load data of different types, formats and structures, as well as from completely different sources:
Power BI is a tool for creating interactive business reports with the ability to work together, visualise and interact. Main features:
Pyramid Analytics is the most powerful tool we use from the off-the-shelf solutions.
Datazen is a multi-platform solution that allows you to build reports regardless of platform (PC, Android, iOS, Windows Phone). A distinctive feature of the product is wide integration and the option to carry out fully-fledged work with the analytical platform via mobile devices.
Magora help customers find growth points for business. The introduction of Business Intelligence
tools can be a turning point in the development of your company. The introduction of any demanded
information system is an important step in this development. Therefore, it is especially important
choose a partner that will help to seamlessly integrate a new product into the current
structure. Experienced employees at Magora will help you at all stages of building a new tool and
organically integrate it into your current IT landscape.
Custom development of a business intelligence tool can save you from many problems inherent in the ready-made solutions available from vendors - lack of system scalability, the need for additional integration bus purchases, annual licence fees. When designing your own intelligence tools, you have the option of providing such useful extras as automatic generation of reports for specified time periods, development of unique desktops for executives and the possibility of remote access, including via mobile devices.
Competent specialists from Magora allow you to implement information systems of any complexity. When designing such solutions, our intelligence experts and business consultants always immerse themselves in the specifics of the client's ideas and will jointly explore the processes to create a product that fits perfectly into your organisational structure.
Reporting - the ability to create formatted and interactive reports with well-developed mechanisms for their distribution and updating. The BI-system must support different report styles (for example, financial or operational control panels).
Dashboards are one type of reporting, but are highlighted in a separate line due to their distinctive and important ability to present data in a clear, intuitive way using various scales, indicators etc. Through such control panels, users can monitor the current state of key indicators and processes and compare them with the intended, target values. Such panels allow you to extract operational information from business applications and make it available in real time.
Ad hoc queries are an opportunity for users to create and execute unique, non-standard queries independently (without the involvement of IT professionals). To implement such capabilities in the BI platform, there should be a developed semantic layer which allows you to find and extract the necessary information from available sources. In addition, the system should have tools for auditing these requests to ensure that they are correctly executed.
In some cases, the business intelligence platform is used as an intermediate tool for performing analytical tasks in compliance with best practice and data security rules. At the same time, the products of the Microsoft Office family (in particular Excel) can act as the client portion of the BI system. For these cases, the business intelligence vendor needs to provide full integration with Microsoft Office systems, including support for document formats, formulas, summary tables and data update mechanisms, and in the expanded version also mechanisms for blocking individual cells and for "backing up" to the database data.
You can add search indexes to both structured and unstructured data sources and combining them into a classified structure with certain dimensions (often using the BI semantic layer) so that users can easily navigate and explore data through the interface’s search function (like Google).
This functional unit combines tools that allow for the delivery of reports and analysis panel content to mobile devices (such as smartphones and tablets), as well as using interactive features of the device and other options not usually available on desktops and laptops (e.g. geolocation).
Our activities in this area are wide-ranging and include implemented and successfully functioning systems for corporate management reporting, key performance indicators, budget management, accounting and tax reporting, investment management, risk management, etc.
BI-infrastructure - all BI platform tools must be implemented "in a single key", including common metadata, a single object model, an end-to-end security model, administration, portal integration and a common query engine.
Metadata management is perhaps the most important of the criteria. All tools within a single platform must not only consolidate the metadata model, but also a single tool for searching, retrieving, storing, reusing and publishing metadata objects such as arrays, hierarchies, sets, metrics and reporting elements.
The BI platform should provide both users and developers with a set of specific tools for creating BI applications that can be integrated into each other and build into end-to-end business processes, including those introduced into third-party (external) business apps. At the same time, at least some of the tools should be available at the intuitive level where programming skills are not required, preferably with a graphical interface. In addition, the development environment must support Web services for tasks such as management and administration, information delivery, compliance with schedules and work procedures.
The BI platform should contain the means for exchanging both information itself and opinions about the results obtained. These tools can be implemented in the form of discussion forums and conferences. In addition, BI apps must be able to assign tasks to specific users based on certain business rules and track their execution. Sometimes, in order to implement these tasks, you have to use separate standalone applications.
If you feel the need to automate the processes of receiving and processing large data streams, contact us. Our team can offer you unique business intelligence tool development to implement your dreams of routine operation automation and efficiency growth!