Top Business Intelligence Tools in 2023
Business intelligence (BI) technologies aid in the understanding of patterns and the extraction of insights from data so that tactical and strategic business choices can be made. They can also assist you in identifying trends in the masses of data that your company generates. However, how can you decide which business intelligence technology is right for your company? And which tools will assist you in achieving your online objectives?
Why should you utilize business intelligence software?
For starters, data discovery, which was previously limited to advanced analytics specialists’ ability, is now something that anyone can perform using these tools. Not only that, but these technologies provide you with the information you need to achieve things like growth, resolve pressing issues, centralize all of your data, estimate future results, and much more.
In this article, we’ll go through the top 15 Business Intelligence tools for 2021, and perhaps get you on the right track to finding the ideal tool for your company.
Datapine
Datapine is an all-in-one business intelligence platform that makes the complex process of data analytics accessible to even non-technical users. Thanks to datapine’s self-service analytics strategy, data analysts and business users can swiftly merge different data sources, do complicated data analysis, create interactive business dashboards, and provide actionable business insights.
SAS Business Intelligence
SAS is well renowned for its exceptional predictive analytics, but it also provides a powerful business intelligence platform. This well-established self-service platform, which dates back to the 1970s, helps users to make educated business decisions by leveraging data and metrics. SAS provides users with a variety of customisation choices through their APIs, and SAS ensures high-level data integration and powerful analytics and reporting. They also have a terrific text analytics feature that gives you additional context about your data.
SAP Business Objects
SAP Business Objects is a business intelligence application that provides comprehensive reporting, analysis, and interactive data visualization. Customer Experience (CX) and CRM, digital supply chain, ERP, and other sectors are highly included on the platform. This platform’s self-service, role-based dashboards are particularly enticing since they allow users to design their own dashboards and apps. SAP is powerful software that caters to all roles (IT, end users, and management) and provides a wealth of features on a single platform. The complexity of the product, on the other side, raises the price, so be ready.
MicroStrategy
MicroStrategy is a business intelligence platform for enterprises that provides strong (and fast) dash boarding and data analytics, as well as cloud solutions and hyper intelligence. This solution can be used to recognize patterns, identify new opportunities, increase productivity, and more. Users can connect to one or more sources, whether the data is coming from a spreadsheet, the cloud, or enterprise data tools. Setup, on the other hand, can necessitate the participation of several parties and a thorough understanding of the application in order to get started.
Zoho Analytics
Zoho Analytics is an outstanding BI solution for in-depth reporting and data analysis. This business intelligence tool syncs data automatically and can be scheduled on a regular basis. Using the integration APIs, you can quickly create a connector. Create meaningful reports by combining and merging data from many sources. You may create personalized reports and dashboards using a simple editor, allowing you to hone in on the relevant facts. It also includes a unique comments part in the sharing options, which is ideal for teamwork.
Yellowfin BI
Yellowfin BI is a visualisation, machine learning, and collaboration-focused business intelligence tool and ‘end-to-end’ analytics platform. You can also use straightforward filtering (e.g. checkboxes and radio buttons) to quickly sort through large amounts of data, as well as launch dashboards from almost anywhere (due to this tool’s accessibility flexibility) (mobile, webpage, etc.). The wonderful thing about this BI solution is that using a no code/low code development environment, you can simply take dashboards and visualisations to the next level.
QlikSense
QlikSense is a complete data analytics platform and business intelligence tool developed by Qlik. QlikSense may be seen on any device and at any time. QlikSense’s user interface is optimised for touchscreens, making it a popular BI tool. It is all the more appealing because it has a one-of-a-kind associative analytics engine, advanced AI, and a high-performance cloud platform. This platform’s Search & Conversational Analytics function is particularly intriguing because it allows users to ask queries and uncover new insights using natural language.
Microsoft Power BI
Microsoft Power BI is a web-based business analytics tool suite that specialises in visualising data. It contains brand new connectors that allow you to improve your game in campaigns and allows users to discover trends in real-time. Because it is web-based, Microsoft Power BI may be accessed from practically anywhere. Users can also integrate their apps and offer reports and real-time dashboards using this software.
Sisense
Sisense is a user-friendly data analytics and business intelligence platform that enables everyone in your company to handle huge and complicated datasets, as well as analyse and visualise them without involving your IT staff. It also allows you to combine data from a variety of sources, such as Adwords, Google Analytics, and Salesforce. Furthermore, because it use in-chip technology, data is handled much more quickly than with conventional instruments. Various industry experts, including Gartner, G2, and Dresner, have named this platform as a leading cloud analytics platform.
Clear Analytics
This is for all of you Excel aficionados… This BI tool is an easy-to-use Excel-based program that may be utilized by staff with only rudimentary Excel skills. What you get is a self-service Business Intelligence system with a number of BI functions, including the ability to create, automate, analyze and visualize your company’s data. This system also works with Microsoft Power BI, with Power Query and Power Pivot being used to clean and model various datasets.
Tableau
Tableau is a Business Intelligence tool that specializes in data visualization and discovery. Without involving IT, you can quickly analyze, visualize, and share data with the software. Tableau works with a variety of data sources, including Microsoft Excel, Oracle, MS SQL, Google Analytics, and SalesForce. Dashboards that are well-designed and easy to use will be available to users. Tableau also offers a number of standalone solutions, including Tableau Desktop (for everyone) and Tableau Server (analytics for businesses), both of which may be installed locally, as well as Tableau Online (hosted analytics for businesses) and others.
Looker
Looker, a data discovery app, is another business intelligence tool to keep an eye on! This innovative platform, which is now part of Google Cloud, interacts with any SQL database or warehouse and is ideal for startups, midsize businesses, and enterprise-level businesses. Ease of use, useful visualizations, excellent collaboration tools (data and reports can be shared through email or USL, as well as connected with other apps), and dependable support are just a few of the characteristics of this tool (tech team).
Oracle BI
Oracle BI is an enterprise business intelligence technology and application suite. This technology provides customers with a wide range of business intelligence features, including dashboards, proactive intelligence, ad hoc reporting, and more. Oracle is also an excellent choice for businesses that need to analyze enormous amounts of data (from both Oracle and non-Oracle sources) because it is a very reliable solution. Data archiving, versioning, a self-service portal, and alerts/notifications are among the other essential features.
IBM Cognos Analytics
Cognos Analytics is a business intelligence platform powered by artificial intelligence (AI) that supports the whole analytics cycle. You can visualize, analyze, and share actionable insights about your data with your colleagues from discovery to operationalization. Because the data is evaluated and presented to you in a visible report, one of the many advantages of AI is the ability to identify hidden patterns. Keep in mind, however, that learning how to use all of the capabilities in this solution can take some time.
Domo
Domo is a cloud-based business intelligence platform that integrates data from a variety of sources, including as spreadsheets, databases, and social media. Domo is used by both small businesses and major corporations. The platform provides visibility and analysis at both the micro and macro levels (including predictive analysis powered with Mr. Roboto, their AI engine). From cash balances to listings of your best-selling products by region to marketing return on investment (ROI) estimates for each channel, we’ve got you covered. The steep learning curve and the difficulties in obtaining analysis from the cloud for personal use are Domo’s only drawbacks.
