Why Choose Enrich Analytics over Traditional BI Tools?
R&D teams often try to compare our offering to the many visualization/business intelligence tools available today. At conferences and sales calls, we hear some variant of: “Why should I use Enrich when we already have a site license for Tableau (or Spotfire, Qlik, Cognos, or another BI — business intelligence — tool) at my company?” Were you thinking something similar? Then this blog post is for you!
Tools like Tableau focus on data exploration, and allow you to build various charts to explore a dataset. They are general tools that allow you to construct bubble, bar, and line charts (and many others). However, by themselves, they aren’t up to the more specific, more demanding tasks involved in portfolio management.
If you review the essential activities associated with portfolio management in the diagram below, it will quickly become clear that portfolio management is about more than data exploration. The Enrich Analytics Platform is uniquely suited to provide the analytical, information management, and visualization capabilities necessary for confident, real-time portfolio management.