Business Intelligence tools

Business Intelligencetools

Microsoft has designed several application software for retrieving,analyzing, transforming and reporting data for use in businessintelligence. One of them is the Microsoft Power BI. The Microsoft BIcan be used with the window browser version or the desktop versiondepending on what one intends to do with their data. The below figureis the image of the Microsoft BI desktop version that allows a personto create a collection of queries, data connections, and reports thatone can share with others (Microsoft, 2016). 1 With thedesktop version, a person can build models and manipulate loads ofcorporate data easily. One of the pros of the Microsoft Power BI isthat it is affordable with a free version available and another onethat cost a user only $9.99 per month (Strom, 2016). 2Additionally, the fact that it is designed by Microsoft meansthat it easily works with other products from the same company suchas SQL Server, Excel, and Azure. 3 Also, its reportvisualization capabilities are great as it has about 16 differenttypes of charts (Team Post, 2016).

The other product for business intelligence is named IBM Cognos TMIdesigned by IBM. IBM Cognos TMI helps a business when budgeting,forecasting, score-carding planning and analysis (IBM, 2016). One ofthe benefits of having this product for business intelligence is thatit can monitor performance metrics as it has an integrated strategymanagement and scorecard that allows a company to evaluate itsperformance against the set objectives. 4Also, the IBMCognos TM1enable extensive mobile capabilities that allow increasedcorroboration with colleagues remotely located from the company.5Below is a screenshot for Cognos TM1 from IBM.

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Footnotes

1 See the Sabotta: 2016 on his article contained in theMicrosoft websites for such images on how the Microsoft BI works.

2 See Strom: 2016 on his review of Microsoft BI.

3 See Team Post: 2016 for how Microsoft BI integrates withother business intelligence tools.

4 See IBM: 2016 on the working of IBM Cognos TM1.

5 See Influential Software: 2016 for a review of IBMCognos TM1

References

IBM. (2016). “Cognos TMI.”IBM. Accessed on April 11, 2016. http://www-03.ibm.com/software/products/en/cognostm1

Influential Software. “IBM Cognos TM1.” Influential Software.Accessed on April 11, 2016.http://www.influentialsoftware.com/business-intelligence/ibm-cognos-tm1-financial-planning-budgeting-forecasting-reporting-analysis

Sabotta, C. (2016). Introducing Microsoft BI Reporting and AnalysisTools.”Microsoft. Accessed on April 11, 2016.https://msdn.microsoft.com/en-us/library/dn655131.aspx

Strom, D. 2016. “Microsoft Power BI.” PCMagazine. Accessed onApril 11, 2016. http://www.pcmag.com/article2/0,2817,2494375,00.asp

Team Post. (2016). Straight Talk Review: Strengths and Weaknesses ofMicrosoft BI.” Team Post. Accessed on April 11, 2016.https://www.yurbi.com/blog/straight-talk-review-strengths-and-weaknesses-of-microsoft-power-bi/