10 most popular analytic tools in business – Updated 2015
Business analytics is a fast growing field and there are many tools available in the market to serve the needs of organizations. The range of analytical software goes from relatively simple statistical tools in spreadsheets (ex-MS Excel) to statistical software packages (ex-KXEN, Statistica) to sophisticated business intelligence suites (ex-SAS, Oracle, SAP, IBM among the big players). Open source tools like R and Weka are also gaining popularity. Besides these, companies develop in-house tools designed for specific purposes.
Here is a list of 10 most popular analytic tools used in the business world.
World Programming system recently launched its version 3. The version has a lot of improvements that take it very close to Base SAS. This tool is rapidly becoming popular with expert analysts who are looking for cheaper options to SAS. Search this blog for the term “WPS” for more interesting information on this exciting tool.
Organizations use a variety of products to extract insights from the data. The complete spectrum of the products ranges from simple tools like excel to number crunching mammoths like SAS or R.
Let us take a look at some other popular data analytics tools today, not mentioned in the lists above.
Click here to read more about analytics courses.
Click here to read the Beginner’s guide to analytics.
Want to also refresh yourself with the terms that get thrown around in the field of analytics? Take a look at the article Analytics Terminology by Gaurav Vohra, Co Founder and CEO of Jigsaw Academy and find out all you need to know about those big and small analytics terms you’ve heard but not sure what they really mean
RECOMMENDED FOR YOU
Don't Forget To Sign Up For Exclusive Updates!