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The Decision Factor offers insightful comments and observations on analytics—from views on new technology approaches and market dynamics to the latest industry trends driving demand for faster, smarter information analysis. This blog contains personal views, thoughts, and opinions from SAP employees, mentors, and friends working in the area of analytics. It’s not endorsed by SAP nor does it constitute an official communication of SAP.

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How to Choose the Right Business Intelligence Tool

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When it comes to business intelligence (BI) reporting tools, there are so many choices in the market. Deciding which tool to buy and which tool to use have become daunting tasks for management. Here are some tips to help you make a wise and informed decision.

Know Your Business

When buying a new BI tool, you first need to have a clear understanding of your business needs and business requirements. Always answer these questions before you look into the technology:

What infrastructure does your company currently have? Will this new tool work well with your existing infrastructure? Does …