SaaS business intelligence, or SaaS BI, is a cloud-based distribution model in which a third-party provider hosts BI tools in a secure online environment. SaaS BI tools deliver analytics services like dashboards and reports with flexible pricing directly to companies.
In today’s business activities, incredible amounts of data are collected and compiled daily. They can be internal, in order to track the key indicators of the company’s financial health and performance; but they can also be external – customers’ shopping behavior, users’ first or recurring visits, etc. But all this data needs to be processed and most of all, analyzed and understood, to take advantage of it. With a SaaS BI tool, users can conduct a comprehensive data analysis using modern cloud BI technology. This allows users to access all data sources and compile online dashboards from their mobile device, wherever they might be.
Flexibility: A great benefit of working on the cloud is its flexibility. Anyone on your team with the granting can access the reports you are working on at any time and from anywhere, with the last version of it. It indeed works with real-time data that is always up to date, which avoids the arduous task of updating each and every report manually, leaving more time to focus on what matters the most: data analysis.
Agility: That being said, online reporting tools enable you to monitor all business information with ease of access and faster than ever. This agility is possible thanks to the simplicity to navigate and manage these kinds of tools that don’t require special equipment, maintained in-house servers, or a whole IT department. Budget-friendly, these tools can ensure accurate data management and a whole new level of insights that would otherwise, with traditional means of storage and analysis, stay overlooked and left undone.
Save costs and time: Staying agile is a key requirement in today’s business environment. A SaaS BI tool is not only time-efficient, but it also saves you costs. Cloud-based tools don’t need large installation processes, maintenance costs, or purchasing expensive software upfront. You only need to access your account online, choose a subscription plan and you get all the benefits of BI SaaS within minutes. These kinds of tools require no installation fees or constant updates since they update automatically. Additionally, you don’t need to pay extra for features your business doesn’t need. SaaS tools allow you to choose the best delivery model for your company’s requirements and can adapt as your business changes and grows.
Self-service approach: How do you go from data collection to data analysis, if you do not have the IT knowledge or manpower to perform it? The answer is in a powerful SaaS BI tool. In a world where many business intelligence software is beyond the reach of the average user, we often rely on expensive IT crews and specialists who either have to be hired full-time or on a contract basis. In fact, 10 percent of all IT resources for organizations are comprised of database queries, data analysis, and business intelligence reporting. BI SaaS is so powerful that any well-trained specialist will recognize its significance, yet it’s easy enough for an intern to use. Organizations, from small startups to large multinational players, will get the same benefit from a SaaS business intelligence software.
Gain a competitive advantage: In today’s fast-paced world, businesses that don’t manage to extract the maximum potential out of their data will simply stay behind. The efficient online environment provided by SaaS BI solutions enables decision-makers to extract powerful insights from customer behaviors, market changes, production levels, and more, and share them in real-time with relevant users to build successful strategies and boost growth. In doing so, they ensure the entire company is connected and working towards the same goals, turning their data into a huge competitive advantage.
Smart reporting: Desktop tools such as Excel or PowerPoint have traditionally offered static reports with outdated data. While this was enough a couple of years ago, it doesn’t meet the analytical requirements of the data-driven age we live in today. That is why so many organizations are turning to SaaS BI technologies to manage, access, and share their most important information. Because these solutions offer smart reporting functionalities that allow users to generate interactive reports with real-time insights that can be easily and securely shared through a range of devices with one unique requirement: an internet connection.
As you learned from this insightful list of benefits, the value a professional business intelligence SaaS tool can bring to an organization is unmeasurable. This is not a surprise as SaaS solutions of all kinds have permeated several industries in the past years due to the agility and flexibility that an online environment provides to its users.
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Although they have not been on the market for so long, the benefits of BI SaaS technologies have already proven successful and lucrative for businesses. Not only are they cost-effective and will relieve your IT department from all the heavy work of manually generating reports, but they will also open your business to a whole new world of insights and collaboration through interactive visualizations and powerful SaaS dashboards. Here we tell you some extra advantages and unique features of these tools:
Use from anywhere: A SaaS business intelligence solution provides great flexibility as it can be used from absolutely anywhere there is an Internet connection. It loads directly on the browser, so there is no need to install any software. With additional features, however, it can also be used on a number of devices including tablets, mobile phones, laptops, and desktops under a variety of different operating systems and apps. This kind of scalability and flexibility allows companies to eliminate costly in-house installation and software maintenance.
Drag-and-drop interface: The primary feature that makes SaaS BI tools so amazing and easy is its intuitive drag-and-drop interface, which allows users to literally choose from an array of options to arrange and organize them however they want. The simplicity of use is a great advantage as it makes it accessible to anyone without sharp IT knowledge and lets him or her analyze and explore data in the most professional way. That being said, you don’t need to be a versatile IT professional to generate and analyze a complex amount of data. The simple interface of these tools will empower every business user to manage their data resources with just a few clicks.
Fast integration: Self-service BI tools can be set up and ready to go in less than 10 minutes. Furthermore, with modern tools, you can connect a wide range of databases (MySQL, SQLServer, Oracle, Maria DB, PostgreSQL, Heroku, Amazon Aurora, etc.) as well as flat files, marketing analytics, social platforms, CRM- or ERP systems and combine all the data in one, centralized place. The hard, boring manual updating work is now of the past: all the data you are dealing with is always up to date. No more report duplication problems, or differed synchronization, everyone is working on the same, real-time data. The infrastructure is regularly updated and enhanced to provide a seamless user experience, while dashboard templates are ready for full use once you connect your own data source.
Enhanced collaboration: Foster collaboration within your teams by granting your colleagues access to the dashboards and reports, and working together on them. With everyone onboard accessing the same data, you empower all your employees with internal knowledge that is no longer in the hands of a few ‘elite groups’ only. Cooperation is easier, and SaaS BI allows a more inclusive and efficient decision-making process, leading to better business decisions.
Information at a glance: With professional KPI software, you can compile amazing analysis results, such as interactive charts and dashboards, while also automatically sending them out to selected receivers. You can share your dashboard reports by choosing the format you want to send them in (PDF, XLS, PNG), and set a scheduled date on which your recipients will always receive an email with the up-to-date version of your reports. Moreover, you can share the dashboards via URL or within a secure viewer environment.
Visual storytelling: As mentioned previously, one of the key benefits of these tools is accessibility. That is because they offer users the possibility to visualize their KPIs in a range of charting options to tell a compelling and engaging data story. For instance, our BI tool offers users over 25 types of graphs and charts that can be used to support different conclusions and extract trends and patterns from the data. Plus, users can bring their data to life by adding various interactive filters, such as drill downs, mixing two chart types into one, or changing the time period, which lets them navigate the data and extract deeper insights from it.
Advanced analytics: Another incredible benefit of SaaS business intelligence tools is the fact that they let you take your data one step further thanks to advanced but user-friendly technologies. On one hand, predictive analytics makes it possible to find relationships, trends, and patterns in your data by analyzing large amounts of historical and current data. Like this, SaaS business intelligence software design models to predict future performance, enabling you to plan your strategies ahead of time and avoid finding surprises later. Additionally, intelligent data alerts powered by artificial intelligence technologies will provide immediate notifications whenever an unexpected event occurs or goals are not met.
White labeling & embedding capabilities: Creating a software of your own is time-consuming not to mention extremely expensive. Software as a Service solutions offer white labeling and embedding options so you can get all the benefits of a SaaS BI tool without the pain of building one of your own. Connect your dashboards via iframe to your own system and customize them according to your brand’s color scheme for a more professional look. You can even offer the SaaS BI software under your own brand and add extra value to your service.
No more bottlenecks: Reporting requirements have increased in recent years since the amount of data generated on a daily basis surpasses the human data-processing capabilities, causing bottlenecks and straining specialized departments to deliver a large volume of reports within a decreased amount of time. SaaS BI, on the other hand, is designed to empower business users to generate their own reports without the need for technical expertise.
Several automation features: Accessing your data and making decisions on the go saves organizations time and money on more efficient analytical processes. That efficiency is also granted due to several automation features provided by these tools. You no longer need to worry about manually collecting and cleaning your data sources. SaaS BI software automates the entire data management process from collection to report generation to sharing the reports with predefined recipients. That way, you can mitigate the risk of manual error and can spend all those valuable hours focusing on the actual analysis.
If you’re sick and tired of simple business reports taking hours and even days to arrive while you wait for specialists and IT crew to finally deliver, then you need datapine. Connecting all your data to our BI SaaS tool and exploring your data has never been easier. Our smart SaaS business intelligence software visualizes your database structure in a matter of seconds and you can start creating your own charts and graphics right away by simply dragging and dropping the table fields over the desired area.
You don’t have to be an IT specialist to take full control of your data – with just a few clicks, all your business data and required information can be generated from various sources, on a single screen. The results will be delivered to you in real-time, and you can choose more than 25 different chart types that each have their specificities: tables, lines, bars, columns, maps, gauge charts, etc. You can then change the font sizes, colors, and styles at your will, to have the most personalized graphs. Afterward, you can create stunning customized dashboards with our state-of-the-art dashboard designer. All that is heightened with high-level security – datapine’s SaaS business intelligence software has enterprise-level security layers. Our data centers in Frankfurt am Main are protected 24/7, while our German company is subjected to some of the world’s strictest data security and privacy laws.
Building a data-driven culture in your organization has never been easier, thanks to powerful SaaS data analytics tools. By working with interactive online dashboards, everyone in your organization will be empowered to rely on data for their decision-making process while collaborating with other departments to achieve their business goals. datapine has been designed to make businesses’ lives easier and help them ensure constant growth with the most efficient BI solutions. All these features can be customized to your business needs and parameters. We can build a dashboard with your business requirements as proof of concept so that your managers or investors can see the true power of our online dashboard creator in action.
If you’re unsure yet whether datapine is right for you, we’re offering a no-risk, 14-day free trial. Feel free to test drive datapine and experience the difference to other SaaS BI tools. We’re sure you’ll love our SaaS BI and that you’ll never use any other business intelligence software or source again.
We were amazed how easy it was to use datapine and get the first KPIs within a couple of minutes. datapine is definitively a game changer for us as now all decision makers have quick, easy access to ad hoc analysis, KPI dashboards and reports.Sebastian Diemer, Founder at KreditechGO TO PRODUCT OVERVIEW
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