Every business must choose the data analytics tool they will make use of. The right tool can enable you to make use of analytics, which will help in achieving business success. A bad tool can however hinder progress. This article reviews the top 15 data analytics tools to help businesses select the best solution for their requirements.
A complete product analytics system can provide a variety of features ranging from data collection, integration and reporting, to an integrated analysis and reporting. It also offers support for both mobile and web platforms. It may even offer advanced features such as cohort analysis as well as the ability to monitor and track metrics such as use of features, retention and the rate of churn.
It offers a streamlined and user-friendly interface that is suitable for both novice users as well as experienced data analysts. It is compatible with a variety of popular data sources, and also a variety of well-known algorithms, such as K-nearest Neighbor, random forests, Naive Bayes classification, and support vector machines.
Microsoft Excel is another popular option for data manipulation and reporting. It offers a user-friendly, colored interface to manipulate data and display. It’s a viable alternative to more sophisticated programs like Python or SQL, which is typically used for machine learning and data modeling.
When choosing a data analytics tool, take into account the size of your organization’s requirements for analytics and the likelihood of its future growth. A flexible strategy that can meet your organization’s ever-changing requirements for data and insights will save time and cost over the long haul. It is also recommended to choose a solution with an able trial or free time to test the software and see if it suits your business’s needs before you commit.