Comparing Data Analytics Software Solutions
As businesses seek ways to improve operational efficiency and gain deeper, data-based insights, many are turning toward software tools to gain a competitive edge. SAP Analytics Cloud, Tableau, and Microsoft Power BI are three of the leading software in business intelligence and data analytics. These tools offer companies the ability to make data-driven decisions with greater speed and accuracy. However, each platform has its own set of features that can cater to different business needs.
In this piece, we will compare three data analytics software solutions - Tableau, Microsoft Power BI, and SAP Analytics Cloud - and understand the value that each one can bring to your business.
TABLEAU VS. MICROSOFT POWER BI VS. SAP ANALYTICS CLOUD
Tableau
Tableau is a data visualization platform that synthesizes various data sources into interactive and easily accessible dashboards. It is a cloud-based Software-as-a-Service solution (SaaS) analytics platform that can connect data across systems into one comprehensive view. Beyond its unification of data sources, Tableau is known for its user-friendly interface and data visualization selection, allowing users of all skill levels to customize their dashboards.
Although Tableau can accommodate different business sizes, its high cost for larger data capabilities makes it better suited for smaller businesses who need less capabilities. Additionally, its data analytics and business intelligence features do not require users to understand Standard Query Language (SQL) or other technological tools, making it well-suited for companies that are beginning to grow.
Microsoft Power BI
Microsoft Power Business Intelligence (BI) is a suite of data analytics tools that visualizes and connects data from multiple sources into one place, much like Tableau. Power BI enables collaboration through shared dashboards, allowing users to connect throughout the business. In addition, it incorporates AI-driven insights to produce reports and drive decision-making. However, its main difference lies in its software compatibility.
As a Microsoft product, Power BI seamlessly integrates with Office 365, SQL Server, and other Microsoft-based products. It also offers compatibility with some non-Microsoft products such as Salesforce. However, full functionality and capabilities require a Microsoft account and are limited without Microsoft integration. Power BI is also considered a highly scalable solution with various pricing models for each business size.
SAP Analytics Cloud
SAP Analytics Cloud is a cloud-based SaaS that combines business intelligence, enterprise planning, and predictive analytics into one software. This cloud-based solution offers companies the benefits of unlimited storage, easy sharing, and greater security. Further, by integrating artificial intelligence (AI) and machine learning (ML), SAP Analytics Cloud gives businesses the power to automate tasks, such as immediate visualizations and trend identification. This allows business leaders to focus on extracting meaning from the data, rather than getting caught up in data management. With SAP Analytics Cloud, data and analytics planning are combined into one unified cloud solution without compromising data integrity or compliance with industry regulations.
Small to mid-sized businesses often opt to employ SAP Analytics Cloud as it offers a unified and scalable platform for predictive analytics, data analysis, and planning, so users can easily access and interact with live information needed to make strategic decisions. From life sciences companies to consumer products businesses, SAP Analytics Cloud is a modernized take on analytics platforms without having to look for other third-party support.
CHOOSING A DATA ANALYTICS SOFTWARE SOLUTION
With so many options to optimize data analytics and business intelligence, it can be difficult to select the right solution for your business. However, it is key to consider the technological capabilities, scalability, and platform compatibility when making your decision.
With its ability to work across different platforms, combine data into one source, and scalability for growing businesses, SAP Analytics Cloud is a comprehensive choice and one that we recommend. However, the decision ultimately lies in the companies’ specific needs.
Connect with Crescense today to learn more about SAP Analytics Cloud and what solution meets your businesses’ unique needs.
Contributions from Natasha Shrestha