Business Analytics Platform

Business Analytics Platform is a platform that helps businesses make sense of past business data in order to make informed decisions in the future. These computer applications help businesses to analyse data from their numerous business activities. With Business Analytics Platform, businesses can discover trends, insights, patterns, correlations and opportunities from their data. Business Analytics Platform help businesses to automate and optimize their operations using understanding of past data. The use of this platform can help businesses make data-driven decisions that will give them competitive edge in their industry. These platforms also require skilled business analysts that can understand the data, the platform and the business needs in order to capitalize on the benefits offered by the platforms. Business analytics platforms help business with statistical analysis, process optimization, A/B testing, data mining, descriptive analytics, operational analysis, multivariate testing, predictive modelling, prescriptive analytics, clustering, reporting, and data visualizations. Quantitative techniques and evidence-based high quality data required for the effective functioning of Business Analytics Platform. Business Analytics Platforms come in different types that can be data visualization tools, statistical analysis platforms, self-service analytics tools, and big data platforms. More advanced Business Analytics Platform can incorporate the features of several of these types into one.

PAT Grid™ for Business Analytics Platform

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Challengers
Leaders

Alteryx Analytics

RapidMiner

Viscovery Software Suite

TIMi Suite

PAT Index
Measures how well the product or service is performing.
Rating Index
Measures how the product or service is rated in comparison to other products.
 
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Business Analytics Platform
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Top Five
PAT Index™
 
1
Anaconda
 
2
Sisense
 
3
Periscope Data
 
4
Rapid Insight Veera
 
5
Alteryx Analytics
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