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Like most software these days, business intelligence tools comes in two basic models: web-based business intelligence tools and business intelligence software that you install on your own computer or in-house server. Both have advantages. The web-based model can be easier for beginners, since there's little set up or management. You can wade in and start working. Locally hosted business intelligence software can be better for experienced business analysts who want to set up software for custom analysis of unique business practices.