Comparison: Business Intelligence vs Excel
Are spreadsheet solutions like Excel becoming obsolete? With data sets getting bigger and bigger, growing companies need intuitive and real-time tools to make the most of their data. Traditional spreadsheets have been the bread and butter for businesses for decades. Their universal usage has made them the tool of choice for planners, accountants, and entrepreneurs around the world. For growing businesses taking advantage of our current age of ‘Big Data’, however, more sophisticated tools are essential moving forward. Business Intelligence (BI) software is one such tool that gives leaders the power to make informed, timely decisions based on their data. Through the processes of analyzation, visualization and prediction, executives can identify competitive advantages, streamline action plans, find new opportunities, and boost revenues. Spreadsheets, on the…