Standardized data from a single source
User customized views and access
Automatic refresh and scheduled delivery
Although there are certainly costs associated with the implementation and operation of any BI tool, the reality is that the ROI is generally large enough to make up for those expenses. This is because BI-tool automation helps to reduce or eliminates costs associated with data collection, report generation and programming, and training. This also doesn't take into account the added profit that is likely to come from the correct implementation of said tools.
With more and more businesses relying on BYOD policies, it is becoming ever-more common for key decision makers to use mobile devices while working. Cloud-based BI tools feature the added benefit of being accessible across any internet-enabled platform, allowing access to vital information, whenever, and wherever it is needed.