Shlomi Lavi /
Apr 27, 2022
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Bottom Line: Which is Better - Microsoft Excel or Rapid Insight?
Microsoft Excel is more expensive to implement (TCO) than Rapid Insight, and Rapid Insight is rated higher (85/100) than Microsoft Excel (56/100). Rapid Insight offers users more features (5) than Microsoft Excel (3). There is a clear winner in this case and it is Rapid Insight!
Looking for the right Business Intelligence solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Microsoft Vs. Rapid Insight Inc.
Microsoft:
Microsoft Corporation is an American corporation that develops, manufactures, licenses and supports a wide range of products and services related to computing. The company was founded by Bill Gates and Paul Allen on April 4, 1975. Microsoft is the world's largest software maker measured by revenues.
Rapid Insight Inc.: Rapid Insight was founded with a mission of empowering people of all skill levels with the ability to build predictive models and perform advanced data analyses. Our groundbreaking technologies are simplifying everything that used to be complex in the world of business intelligence and predictive analytics. We love our customers and we love enablin...
Who is more expensive? Microsoft Excel or Rapid Insight?
The real total cost of ownership (TCO) of Business Intelligence software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Microsoft Excel and Rapid Insight.
Microsoft Excel price starts at $140 per license , On a scale between 1 to 10 Microsoft Excel is rated 4, which is lower than the average cost of Business Intelligence software. Rapid Insight price starts at $4,000 per year , When comparing Rapid Insight to its competitors, the software is rated 2 - much lower than the average Business Intelligence software cost.
Bottom line: Microsoft Excel is more expensive than Rapid Insight.
Which software includes more/better features?
We've compared Microsoft Excel Vs. Rapid Insight based on some of the most important and required Business Intelligence features.
Microsoft Excel: Data Import/Export, Basic Reports, Online Customer Support.
Rapid Insight: Dashboard, Automatic Scheduled Reporting, Budgeting & CPM, Sales Management, Data visualization.
Target customer size
There is no restriction of business size and industry to use Microsoft Excel. Customers of the software chiefly include small and medium businesses.