Business is an ever evolving field.
As technology gets more sophisticated and the times change, businesses must adapt. They must not only adapt they way they conduct their business, however, but also the way they track it. Today, there exists three categories of business intelligence software: standalone, integrated, and embedded.
A complete dashboard and reporting solution needs to provide the right mix of features and ease of use, but also must fit into the host application as seamlessly as possible.
Business intelligence software has been around for a while. In fact, Microsoft Excel is technically a type of business intelligence software. Excel operates with only limited access to a data warehouse that must constantly be updated. This places it in the standalone BI category. Standalone BI applications require highly trained power users to conceptualize advanced formulae to manipulate and track data.