The choice of the right tool for data analytics is a crucial choice for any company. The right tool makes it easier to leverage analytics, and in turn, can help drive business success. The wrong tool can but hinder progress. This article reviews the 15 most popular data analytics tools to help organizations select the right tool for their needs.
A comprehensive product analytics can offer a variety of options that range from data collection, integration and reporting, to unification of analysis and reporting. It also supports mobile and web-based platforms. It may even offer advanced features like cohort analysis and the ability to track and monitor metrics such as feature usage, retention and churn.
It provides a simple and intuitive interface that is suitable for both novice users as well as experienced data analysts. It can handle a variety of data sources that are popular, in addition to a variety of well-known algorithms, such as random forest, k-nearest neighbour, Naive Bayes classification, and support vector machines.
Microsoft Excel is another popular choice for data manipulation and reporting. It provides a user-friendly, color-coordinated interface to manipulate data and display. It’s a viable alternative to more complicated software, such as Python or SQL, which is typically used to perform machine learning and modeling of data.
When selecting a data analytics tool, take into account the size of your company’s needs in analytics and its present and future growth. A flexible solution that can accommodate your organization’s evolving requirements for data and analytics will save time and cost over the long haul. You should also select an option that offers the option of a trial period that is flexible or a free time to test the software and determine if it’s a good fit for your company’s needs before you commit.