Slaesforce FAQ

is salesforce a business intelligence tool

by Dr. Lester Krajcik Sr. Published 3 years ago Updated 2 years ago
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The easiest way to describe it is a business intelligence (BI) tool from Salesforce optimized for mobile access and data visualization. The analytic tools are used to visualize the activity occurring in your Salesforce ecosystem, which enables business users to make informed decisions.

Full Answer

What are the basics of Business Intelligence?

The Basics of Business Intelligence [Infographic] Take large amounts of data. Refine it. Analyze it. Then make decisions based off the resulting information. That, in a nutshell, is business intelligence, or BI. BI is not a single tool, but a variety of resources, from hardware to software, and anything that provides data, including the ...

What is Salesforce, what does Salesforce do?

Salesforce is a company based out of San Francisco, California. They are the leaders in cloud technology and CRM services. In addition, they offer a suite of products for customer relationship management, enterprise resource planning, social media marketing, eCommerce platforms, and more.

What is salesforce analytics?

Salesforce Einstein Analytics is a product of Salesforce and a cloud-based platform. It is a rebranded analytics tool formerly known as Wave Analytics. Einstein Analytics is used for data exploration, visualization, and getting insights for business. Einstein Analytics being native of Salesforce is secure and scalable to meet the changing ...

What are the advantages of Business Intelligence?

  • Small Enterprise
  • Medium Enterprise
  • Large Enterprise

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What is Salesforce in business intelligence?

BI Software: BI software from Salesforce lets you explore any data, get instant answers, and collaborate with your team. Use Advanced BI Tools: Improve your business with the use of the right business intelligence tool.

Which business intelligence software is owned by Salesforce?

Tableau. This recently acquired, Salesforce's Einstein Analytics powered data visualization tool is a user favorite.

Is Salesforce an analytical tool?

Salesforce offers a powerful suite of reporting and analytics tools that work together to help you understand and act on your data, as well as distribute insights to business users. Salesforce offers a powerful suite of reporting tools that work together to help you understand and act on your data.

What is Business Intelligence and tools?

Business intelligence (BI) tools are types of application software which collect and process large amounts of unstructured data from internal and external systems, including books, journals, documents, health records, images, files, email, video and other business sources.

Which is the best business intelligence tool?

The Best Business Intelligence ToolsPower BI. Microsoft Power BI is business intelligence software that shows business performance metrics through interactive reports and visualizations. ... Oracle Analytics Cloud. ... MicroStrategy. ... TIBCO Spotfire. ... Qlik Sense.

Is Tableau a business intelligence tool?

Tableau named a BI and Analytics leader As the gold standard for business intelligence, we are a leader in empowering the entire enterprise with modern analytics. We pioneered self-service analytics more than a decade go. Since then, we've redefined what's possible in enterprise analytics.

What is Salesforce analytics?

Salesforce Wave Analytics, also called Analytics Cloud, is a business intelligence (BI) platform from Salesforce.com that is optimized for mobile access and data visualization. The Wave mobile app allows users to work with large data files and create graphs, charts and other pictorial representations of data from them.

What is Salesforce Platform?

Salesforce Platform is the app development platform that extends your CRM's reach and functionality. You do not have to be a developer to build apps using the Salesforce Platform.

What is the difference between Salesforce and Einstein analytics?

Salesforce Einstein Analytics is a product of Salesforce and a cloud-based platform. It is a rebranded analytics tool formerly known as Wave Analytics. Einstein Analytics is used for data exploration, visualization, and getting insights for business.

Is SQL a business intelligence tool?

SQL, or structured query language, is an integral part of business intelligence because it's the only way to speak to relational databases. In fact, it's so important that one of the defining characteristics separating business intelligence tools from each other is how they use SQL.

Is Google Analytics a business intelligence tool?

No, Google Analytics is not a business intelligence tool.

Is Excel a business intelligence tool?

While it isn't the only program to offer formulas and pivot tables regarding business intelligence, Excel is still one of the most commonly used BI tools.

What is business intelligence?

It’s also vital to a company. This process is the art of taking large amounts of data, refining and analyzing it, and then using those insights to make informed decisions.

Is business intelligence the same as analytics?

While business intelligence isn’t technically the same thing as business analytics ...

Why are businesses using business intelligence tools?

Businesses today are driven by vast data. Various business operations are mostly dependent on these large data sets. In this context, businesses are looking for smart solutions. Business Intelligence tools capture enough market as their applications and technological advancements are relevant to changing business needs.

What is business intelligence?

Business intelligence deploy tools and strategies which gather and process a massive amount of unstructured data from internal and external systems. By transforming data into necessary information, BI tools make optimum use of available resources. It helps businesses implement well analyzed and processed strategic decisions, which improves overall performance, and organizations can achieve sustainable and long-term business growth.

What is service analytics?

Data obtained from the service system’s execution is collected, processed and analyzed by the service analytics. It improves service by extending and personalizing it. It also stores a comprehensive history for all your customers so that you can answer them quickly.

What Are Business Intelligence Tools?

Business intelligence (BI) tools are programs, software, and applications that are designed to help locate, retrieve, analyse, and document data. More simply, business intelligence tools are designed to make the flow of data manageable, allowing organisations large and small, the ability to turn unstructured data into something actionable.

What Types of Business Analytics Tools Are There?

Although big data as a tool for business may seem like a new development, the truth is the concept itself has been around for several decades. As such, the industry is much more mature and diverse than many realise. That having been said, most BI tools and BI reporting tools fall into one of three categories:

Benefits of BI

Although the specific focus of these different categories may vary, most types of BI tools provide similar benefits when used correctly. These benefits include:

Looking at the Road Ahead

Taking into consideration that by the year 2020, 1.7 megabytes of new information will be created every second, for every human being on the planet, and that by then our annual digital universe will have grown to 44 zettabytes—approximately 10 times its current size. There’s little doubt that the future of business belongs to big data.

What is Einstein Analytics?

Einstein Analytics by Salesforce takes BI software to the next level with the power of artificial intelligence. The platform helps you discover opportunities, project future trends, and get in front of problems before they arise. Einstein’s AI engine will also help you find the “why” behind your numbers.

What is AI augmented analytics?

Our AI-augmented analytics not only gives you insights into what happened in the past, but it also helps guide your business forward. Einstein predicts future outcomes and recommends actions to take right within the apps you already use.

Discover Tableau, the analytics platform that disrupted the world of business intelligence

Discover Tableau, the analytics platform that disrupted the world of business intelligence.

Discover the story your data has to tell

Automatically find simple answers to complex business questions in your data. Learn what happened, why it happened, what will happen, and what to do about it with transparent, understandable AI models.

Identify how to achieve all of your business goals

Get the exact information you need by tailoring analytics to your business. Improve any business outcome with precise recommendations and specific guidance.

Visualize your entire business on a single screen

Avoid needing multiple systems and logins. Create complete visualizations, predictions, insights, and more by bringing all your data — even from external systems — onto a single platform.

Always know the specific steps to take next

Take instant action from the point of insight, like collaborating in Chatter, updating records, and sharing dashboards.

Easily create AI models, dashboards, and more

Don't spend hours coding, or waiting in the IT queue. Create advanced experiences quickly by using easily customizable templates, third-party apps, or custom-built dashboards.

Business Intelligence Tools from Salesforce

Would you like a way to make sense of all your company’s data, so you can better understand where you are and how you got there? Would you like help in forecasting and charting future directions? This is where business intelligence software like Salesforce Analytics comes in.

What are Business Intelligence tools?

The term Business Intelligence refers to the use of strategies and tools that serve to turn information into valuable knowledge for a firm. Its primary objective is to improve a company’s decision-making and at the same time, its performance.

The benefits of the top Business Intelligence tools

The truth is that this growth is logical: Business Intelligence offers firms the chance to improve their performance and put them on top of their competition. Who wouldn't want that?

A list of the best Business Intelligence tools

At We Are Marketing, we're aware of the fact that data is currently the most valuable asset in the world. And, in an increasingly digital world, corporations generate a vast amount of information needing to be analyzed. There are even professions that are specifically tasked with carrying out this work, like the Digital Data Scientist.

What is Einstein Analytics?

The Einstein Analytics suite of Salesforce products aims to offer an advanced analysis in different areas thanks to the use of Artificial Intelligence (AI).

Intelligent Analysis for Informed Decisions

Business intelligence tools are programs that are designed to be able to capture, analyse, report on, and potentially even act upon raw business data. These tools can take many forms, from simple spreadsheets, to advanced reports, to data-mining programs and visually-intensive dashboards, and beyond.

Functionality and Features of the Best BI Tools

When it comes to business, you really can’t put a price on being properly informed. BI tools, on the other hand, can be priced, as well as evaluated and compared to determine which specific tool is the best fit for a particular organisation.

High-Volume Data Mining

When a dataset includes only a few pieces of information, then there’s really not much need for computerised assistance in organising and extrapolating it. But when the data being processed numbers in the terabyte range, then the only way to make heads or tails of it is through the use of BI tools.

Broad Compatibility

Speaking of growth, there are very few businesses that are able to establish effective, complete processes right from the beginning, and then retain those same processes in their initial from throughout the life of the business.

Intuitive Accessibility

Given how diverse the various tasks associated with BI are, it’s no surprise that many powerful BI tools have a tendency to become too complex for their own good. When users approach a BI tool, they need to be able to quickly grasp not only its capabilities, but also the interface through which they will be utilising those capabilities.

The Cost of Doing Business

There are nearly as many BI solutions available on the market as there are businesses who might need them. As such, the cost associated with implementing BI ranges across the entire board. Some BI options offer free (though limited) use, while others require a major ongoing financial commitment.

What are Salesforce Reports and Dashboards?

Salesforce Reports allow you to pull specific data sets for further analysis. They are customizable in terms of fields, filters, report type, and report format.

Why do Reports and Dashboards in Salesforce still matter?

Despite the rise of Business Intelligence tools, Salesforce Reports and Dashboards still offer several benefits to SaaS companies:

Training teams on Reports and Dashboards in Salesforce

We encourage the SaaS companies we work with to acquire BI tools—the predictive capabilities alone are phenomenal. But since only a small subset of the company is likely to have access to these tools, we also want all Salesforce users appropriately trained in Salesforce Reports and Dashboards.

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