We live in a data-filled world. Data informs our decisions – from breakfast to business. The kind of data and information that businesses have access to is usually both complex and considerable. To go through and make sense of large amounts of complicated data, businesses need help. Many use the technical assistance of statistical analysis software. Statistical software, according to Predictive Analysis Today, is, “programs which are used for the statistical analysis of the collection, organization, analysis, interpretation, and presentation of data…business statistics play a significant role in business and helps managers make informed decisions in disciplines such as quality assurance, production, operations, financial analysis” and more.
What’s the best statistical software for businesses?
Data without analysis isn’t transformative, but technology can help make meaning you’re your business information. Statistical analysis software helps businesses make their best decisions. Here are some of the most popular software solutions to consider for your business.
Keen is a marketing-specific metrics and analysis dashboard. It helps make sense of marketing data like campaign engagement so that businesses have a better understanding of what resonates with their clients. Businesses can easily see their data statistics represented, from customer engagement to customer location to top performing content and more. Understanding the impact of marketing can help drive more effective sales.
Tableau is a popular, well-known data analytics solution. It helps business analysts turn data into insight that can drive actions and decisions. It can access almost any business data and create a meaningful analysis. Because of its ease of use and effectiveness, it’s a popular analytics software choice for businesses for everyone from global enterprises to startups and small to medium-sized businesses. This business intelligence solution boasts that it can save up to 90% of analyst hours and increase productivity by 30%.
3. JMP Statistical Software
JMP Statistical Software solution is primarily used by scientists and engineers in several industries, including businesses in government sectors. For private sector businesses, this tool can be useful in product development and financial analysis, all of which can help strengthen the overall business and even lead to increased sales.
Sisense is a powerful statistical analysis tool used by developers, data engineers, and business analysts. It offers a simple interface and easy to read insights that don’t require you to be an analyst to get meaning from. Many business professionals note that Sisense saves them a lot of time analyzing data and building analysis reports. It also offers real-time data management and analysis for better, faster decision making the ability for sales and other team leaders.
Looker is a great analytics platform for businesses who need to be able to share their statistical findings. One of its most impressive features if its visualization options. It uses an easy drag and drop interface so users can see whatever elements they want on their reports. It also makes file sharing easier. In addition to data and analytics being accessible on any browser or device, it integrates into Excel or Google Docs for easier external sharing. It includes robust permission options to help protect data and report privacy.
Data is knowledge and understanding it is powerful. It helps to give organizations the insight to move forward or the competitive advantage to surge ahead. Every business needs to be able to make meaning of their data in order to make decisions, act, and move forward. Businesses have many options when it comes to their statistical data analysis software. There are options for every business sector, budget, and level of technical skill. Finding the right statistical software will depend on the needs of your business analysts, your industry, and your business or sales goals.