Is there ever a time when we don’t generate data? Currently, the daily data generation estimate is approximately 1.15 trillion MB. By 2025, human activity is anticipated to create 460+ exabytes of data each day.
Therefore, regardless of the scope and size of the organization, a data analytics platform is necessary for it to succeed in the marketplace. If not, the company data would turn into a giant garbage dump.
Business intelligence enters the scene in this situation. Business intelligence combines business analytics, data analysis, data visualization, analytics tools, and best practices to assist businesses in making more data-driven decisions. Business intelligence compiles all the information a firm produces into comprehensible reports, measurable objectives, and trends.
However, choosing the right Business Intelligence tool might be challenging given the abundance of BI and data visualization tools available to provide helpful business indicators. Let’s look at the criteria for selecting the finest BI platform.
How to select the best BI tool?
The secret to a successful BI implementation is selecting the right platform based on several essential requirements. BI tools include a few crucial features, for example.
- Ingenious insights
- Both excellent and terrible metric alerts.
- Multiple options for dashboards and visualizations
- Interoperability with other tools
- Flexible and simple deployment
- Easy incorporation into business apps
Power BI, Tableau, Knowi, and MongoDB analytics tools are some of the top BI tools available in the Business Intelligence world.
Though each of the above-mentioned tools is unique in itself, Tableau is one platform that is powerful and swiftly raises data visualization to a new level.
How is Tableau different from other BI tools?
Tableau data analytics is the go-to option for contemporary corporate intelligence. People can discover and maintain data more efficiently using Tableau, and they can find and exchange ideas that have the potential to transform industries and the global economy more quickly.
The program from Tableau has the finest functionality.
- Data Collaboration
- Real-time analysis
- Data blending
Let’s examine how Tableau differs from other business intelligence (BI) products currently on the market.
- Interactive dashboard
The Tableau Dashboard gives you a complete picture of your data using text, visualizations, graphics, and other elements. Dashboards may show data as stories, include various views and things, offer a range of designs, and allow users to apply filters. These features make dashboards particularly informative.
In-memory and Live Data
Tableau guarantees connectivity to both real-time data sources and external data sources for in-memory data extraction. This offers the user the freedom to extract data as needed from a data source, preserve it in memory, or consume it straight from the source of data by creating live data connections.
Tableau offers simple ways for people to work together and rapidly exchange data through visualizations, sheets, dashboards, etc. It enables you to safely share data from many data sources, including hybrid, on-premises, and on-cloud.
Tableau’s extensive selection of visualizations is one of the software’s standout qualities and the reason for its success. You may create visualizations with Tableau that range from the simplest, like a pie chart or bar chart, to the most complex, like a histogram, bullet chart, boxplot, Gantt chart, motion chart, and many others. With multiple visualizations, you can quickly pick and create any form of custom visualization.
- High Security
The security of users’ data is a top priority for Tableau. It offers a robust security mechanism based on verification and permissions for user access and data communications. Additionally, Tableau allows you the flexibility to interact with additional security protocols like Kerberos.
Tableau vs. Knowi: Difference and Comparison
Both Tableau and Knowi are BI tools used by businesses. The Tableau platform allows people and organizations to use data to solve challenges by creating visual analytics.
Knowi enables organizations to produce ad hoc reports, display KPIs, and analyze raw data from multiple sources into insightful understandings.
Tableau features a sophisticated user interface that allows you to design and alter the dashboards to meet your needs. It features a welcoming workplace that lets you play with data and produce clever outcomes.
Most users will be familiar with and understand Knowi’s browser-based web app interface, but it might use some refinement compared to the other two. It offers a unified overview of all the data from all sources.
The ability of Tableau to create the most beautiful and detailed graphics in the BI market has been the foundation of its success. Tableau is a robust platform for doing sophisticated analytics in addition to this. With the help of Tableau’s Ask Data function, a non-technical user may ask a question in the search box and receive an answer. Tableau will translate the user’s natural language input.
Knowi provides a variety of dashboard choices that are both robust and configurable. It offers drill-downs, filters, custom visualizations, ad hoc analysis, and 40 different visualization styles. Even better, you can design your own uniquely styled infographics. Like the previous two technologies, it enables search-driven analytics made possible by a natural language query. Self Service Analytics allows non-technical people to ask queries and receive answers on all your data in plain English.
- Data Sources
Tableau Software offers access to a wide range of data sources such as Google Sheets, Dropbox, Excel, PDF, JSON, text and statistical files, and servers, including Amazon Redshift, Google Analytics, Cloudera Hadoop, and much more.
Know covers more than 36 data sources, including both structured and unstructured data. The most frequent use cases for Knowi include either Elasticsearch analytics or MongoDB analytics. Despite having fewer data sources openly listed on its website, Knowi may connect to more as it supports NoSQL data and establishes a considerably more flexible REST API connection.
Tableau is notoriously pricey and isn’t a feasible choice for lone users or small teams. Tableau is more costly; the pro edition costs over 35 USD per month for each user. The yearly membership fee is about 1000 USD. The monthly cost of Tableau Creator is about 70 USD, whereas the monthly cost of Tableau Viewer is 12 USD.
The cost for Knowi is flexible to meet the business’s unique demands and varies based on specifications and use cases. This flexible price structure is customized to meet each client’s special needs.
Businesses may better comprehend their data and arrive at wise decisions by using visual analytics tools like Tableau. But this capable instrument for data processing may not always be self-sufficient. In that case, you can always consider alternative solutions, such as Elasticsearch, MongoDB BI tools, or any other tool.
For instance, you can opt Knowi if you need flexible pricing choices or are just starting because they offer discounted rates for small businesses.
Tableau will be a fantastic option if your firm deals with extensive data. Still, if you need a data warehouse with a straightforward ETL procedure, you could also want to think about Knowi since it uses data virtualization and doesn’t need you to have all this equipment.
Knowing the differences between Tableau and Knowi’s business analysis tools can help you pick the best one for your needs and budget.