10 Best business data analytics tools you should know
The goal of any business analytic tool is to analyze data and extract actionable and commercially relevant information that you can use to increase results or performance.
Data analytics tools collect the products data automatically and clean, and analyze data, deliver information to you, you can improve prediction accuracy and refine the models. Here is the list of 10 best data analytics tools you should know.
01. Tableau Public
Tableau Public is free software that can allow anyone to connect to a spreadsheet or file and create interactive data visualizations for the web.
Using Tableau’s visuals, you can quickly investigate a hypothesis, explore the data, and check your intuitions. Visualizations published to Tableau Public can be embedded into blogs and web pages. They can also be shared through email or social media.
02. Qlik Sense
Qlik Sense is one of the most popular tools in business intelligence industry around the world. Also, Qlik Sense is designed to provide users with loads of information and the perfect way to analyze them to create opportunities and come to smart decision making.
Qlik Sense explore data deeply and get accurate information. It supports robust data integration to transform and combine multiple, disparate data sources and provide seamless analysis across them, including fast calculations, associative exploration, and search.
SAS stands for Statistical Analysis Software. It was created in the year 1960 by the SAS Institute. It is a software suite that can mine, alter, manage and retrieve data from a variety of sources and perform statistical analysis on it. Also, SAS provides a graphical point-and-click user interface for non-technical users and more advanced options through the SAS language.
SAS takes an extensive programming approach to data transformation and analysis rather than a pure drag drop and connects approach.
04. Power BI
Power BI is a suite of business analytics tools that deliver insights throughout your organization. Connect to hundreds of data sources, simplify data prep, and drive ad hoc analysis. Produce beautiful reports, then publish them for your organization to consume on the web and across mobile devices.
There’s a free, basic version that users can access via desktops and the power user version only costs $9.99 per user, per month. If you’re a Microsoft Excel power user, you will love Microsoft Power BI because the tool navigation is very similar.
If your company has a huge set of data to analyze, Microsoft Power BI probably isn’t the best solution for you.
Konstanz Information Miner (KNIME), is an open source data analytics, reporting and integration platform. KNIME integrates various components for machine learning and data mining through its modular data pipelining concept.
Rather than writing blocks of code, you just have to drop and drag connection points between activities.This data analysis tool supports programming languages. However, Poor data visualization is the main drawback of this tool.
OpenRefine is a powerful tool for working with messy data. clean and transforming it from one format into another, and extending it with web services and external data.
It operates on rows of data which have cells under columns, which is very similar to relational database tables. An OpenRefine project consists of one table. Most operations in OpenRefine are done on all visible rows
Google Fusion Tables is a web service provided by Google for data management. Fusion Tables can be used for gathering, visualizing and sharing data tables.
The concept behind Google Fusion Tables is to allow users to upload data sets from sources like spreadsheets and comma delimited text files, and manage the uploaded data from there.
Additionally, the size of uploaded data sets is currently limited to 250 MB per user. Data are exported in a comma separated values (CSV) file format.
Data Wrangling with Trifacta allows you to discover, wrangle & visualize complex data quickly. Trifacta enables anyone to more efficiently explore and prepare the diverse data of today by utilizing machine learning to provide a breakthrough user experience, workflow, and architecture.
Trifacta focuses on utilizing the latest techniques in machine learning, data visualization, human computer interaction and parallel processing to enable non-technical users.
09. Excel Solver
The Solver is an addon in a Microsoft Office Excel that is available when you install Microsoft Excel or Office. It is a linear programming and optimization tool in excel.
Excel Solver is the best data analysis tools in excel that allows you to set constraints. It is an advanced optimization tool that helps in quick work of a wide range of problems. It uses a variety of methods, from nonlinear optimization and linear programming.
Poor scaling is one of the areas where Excel Solver lacks.
RapidMiner makes data science teams more productive through an open source platform for data prep, machine learning, and model deployment. Also, RapidMiner is considered top in the list of Big data analytics tools. This software is written in the Java programming language.
RapidMiner comes along with commercial and business applications. It is also used for application development, rapid prototyping, training, education, and research.
RapidMiner requires much more hardware resources than ODM and SAS for the same task and data.