Enterprises have been relying on business intelligence tools like Cognos, Tableau and Power BI for decades now. These types of software revolutionized how businesses generated reports, analyzed them and made crucial decisions (both daily and long term) aimed at improving their market performance. They especially changed the speed at which businesses could generate information and reach these decisions. But in 2020, these tools are beginning to show their age. The primary function of most BI tools is to get business information in front of those who should act upon it. In practice, this means generating reports or providing interactive dashboards that display crucial business data.

It has never been easier to measure and monitor business operations -- the amount of data available to organizations is staggering. Access to insight provides businesses with a clear competitive advantage, but many enterprises struggle to make sense of the seemingly endless reams of data at their disposal. To overcome hurdles with data literacy, smart businesses have embraced various business intelligence (BI) solutions to collect, aggregate, translate and present business information. An invaluable asset for enterprises worldwide, BI dashboards are data visualization tools that display the status of business analytics metrics, key performance indicators (KPIs) and other important data points on a single screen. To underscore the widespread adoption of BI, note that the global business intelligence market is projected to reach USD $147.19 billion by 2025.