OpenText Magellan BI & Reporting vs Toucan Toco comparison

Data is the most abundant and precious resource in an enterprise. It comes in all forms and is complex to merge, relate and analyze. Data analytics extract meaning from that data for business gain or productivity, often sharing those insights through analytics dashboards or analytics reports.

With organizations generating billions of terabytes of data a year, big data analytics techniques are the only way to understand and uncover value from today’s scale of data.

The best big data analytics tools must be able to process both structured and unstructured data such as text, documents, emails and other data stored in enterprise information management systems. They go further than reporting on historic performance, enabling companies to prescribe better actions through predictive analytics. These data analysis tools are often referred to as advanced analytics solutions, such as OpenText™ Magellan Analytics Suite, and are quickly becoming the preferred choice for enterprise analytics.

Toucan Toco is a fully cloud-based, end-to-end analytics platform built with one goal in mind: destroy the friction that exists between people and data. The Toucan team has worked from day one to make every experience on the platform simple, fast, and understandable even for complex tasks. As a result, Toucan sees the highest user adoption in the industry at 90%.

Users can connect to any data, cloud-based or other, streaming or stored, using Toucan’s AnyConnect™ — a suite of hundreds of included connectors.

Preparation of data is equally simple with Toucan YouPrep™ , a visual data readiness feature that lets business people perform tasks with data that would ordinarily require a data expert.

Visualization takes the form of “data storytelling” where every chart is accompanied by context (like definitions), collaboration, and annotation so that users understand the “why” and not just the “what” of their data. And, to make getting started easier, Toucan includes an “App Gallery” of starter dashboards, GuidedDesign™ to aid the selection and layout of charts, and sample data sets for rapid prototyping.

Finally, deployment and management are made “friction free” with one-touch deployment from staging to production, easy embedding with web components or iFrames, and publishing to any device — web, smartphones, tablets, or kiosks/wall displays — in a single action.

It’s all governed with row, role, or user-level security with a complete audit trail and on-boarding and engagement is aided by user automation and management functionality built-in.