Many Startups take a long time to deploy a BI system usually due to a lack of sufficient data and avoid the cost of implementation. However, you don't have to wait to get big data. Today is BI tools are becoming more accessible to Startups, as technological advances have made these systems faster to implement and more accessible. This allows Startups to facilitate multiple BI strategies without spending much on infrastructure expenses and leveraging the power of a data-driven approach. Below are listed some current BI tools that allow you to access the tool starting with minimal investment:
Google Analytics is an essential resource used by startups to get started in measuring analytics goals, especially for startup marketing. Furthermore, this web analytics service is available for free which means you can easily use its features without spending anything. https://analytics.google.com/
Statsbot can be used starting from its free plan for 5 users with 50 scheduled report messages per month and dashboard and insights. The free plan is generously featured with necessary features for startups to get started with utilizing business intelligence. The pricing basic starts at $49/month for 10 active users. https://statsbot.co/
Zoho is a solution on the cloud that helps small to large organizations get valuable insights from their business information. Offers a free plan targeted at small end reporting requirements. It supports 2 users, 5 workspaces and 10,000 rows in your account. The pricing basic starts at $25/month. https://www.zoho.com/analytics/
The BI tools listed here are the tip of the iceberg when it comes to data analysis, monitoring and visualization. To choose the best BI tool for your Startup, in addition to the cost, you need to understand your needs and goals.
Does your Startup use any of these BI tools? Do you use any other BI tool? Let me know in the comments below. :)
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