There is so much data in our present-day context that it’s getting difficult to stay focused on the information applicable to our issues and display it functionally.
That’s what business intelligence software does. Therefore, you need the best business intelligence software for your organization.
BI tools make it simpler to gather together the right data and display it in ways that enable us to grasp what it means.
But how simple that phenomenon gets and how you can visualize the data depends on the tool: Picking the right one for your needs becomes important.
Best Business Intelligence Software
Here we listed the dozen popular, highly regarded BI tools to help you uncover what your organization’s data can tell you about your business.
The top business intelligence tools are:
Board is one of the best business intelligence software out there. Board International combines three instruments in one software: predictive analytics, business intelligence, and performance management.
While its goal is to offer something for everyone, it mainly focuses on finance-oriented Business Intelligence.
It has modules for HR (skills mapping, workforce planning), finance (planning, consolidation), supply chain (delivery optimization, supplier management), marketing (social media analysis, loyalty, and retention monitoring), sales (cross-selling and up-selling Analysis) and IT (KPIs, service levels).
The software is presented in English, Spanish, Chinese, Japanese, French, German, and Italian. The latest version of the software has replaced its multidimensional online analytical processing (MOLAP) approach with an in-memory calculation engine.
Important feature: Language support.
Pricing: License fee per user according to the role.
Target audience: The whole firm but usually enters via the finance department.
Domo is also one of the best business intelligence software out there. Domo is a cloud-based platform committed to business-user-deployed dashboards and ease-of-use.
It offers BI tools tailored to various service sectors (such as health care, financial services, education, manufacturing) and roles (including IT workers, CEOs, sales, and BI professionals).
Chief Information Officer (CIOs) might start by checking out how it handles data from AWS, Jira, GitHub before looking at how over 500 other integrations can help the rest of the firm.
Pricing: On request
Important feature: Sturdy mobile interface
Target audience: BI professionals, CEOs, sales and marketing,
Dundas BI is also one of the best business intelligence software. Dundas BI (Business Intelligence) from Dundas Data Visualization is used mainly for creating scorecards and dashboards, the firm’s previous strengths, but it can also perform ad-hoc reporting.
Visualization and Analysis are also done through a web UI that can adapt to different skills: Standard users and Power users see different features.
The newest version has many features such as:
- Natural language query capability.
- Application development environment for customized analytic applications.
- New in-memory engine.
- Point-and-click trend analysis.
- Support for Linux.
Dundas BI has been custom-made for 19 industries, including mining and construction, banking, cleantech, and healthcare. It sells to large organizations but specializes in embedded BI.
Pricing: Based on concurrent users.
Target audience: HR, finance, sales, marketing, customer service
Important features: Flexible, HTML5 interface that adapts to any device
Microsoft Power BI
Microsoft Power Bi is also one of the best business intelligence software. With the Power BI Desktop application for Windows OS, users can analyze and display data from cloud or local sources, publishing their reports to the Power BI platform.
It offers interactive dashboards, data preparation, visual-based discovery, and augmented analytics. The free Power BI Desktop version suits individual users.
But the Pro version makes collaborative Analysis easier, for a monthly fee, leveraging SharePoint, Teams, and Microsoft Office365 to control access to raw data and published reports.
For organizations that want to go all-in, the Premium tier makes self-service data prep possible with pre-built connectors to corporate data held in Microsoft Dynamics 365, Azure SQL Data Warehouse, or third-party sources such as Salesforce.
Target audience: Microsoft shops
Pricing: For Desktop: free; Pro: $9.99 per user, per month; Premium: $4,995 per dedicated cloud compute and storage resource
Important features: The mobile app allows touch-screen annotation of reports
MicroStrategy is also one of the best business intelligence software. MicroStrategy targets the enterprise Business Intelligence (BI) market in various industries with on-premises cloud and hybrid deployment.
It features a drag-and-drop User interface (UI) to assist users in creating personalized, real-time dashboards and customized data visualizations.
MicroStrategy provides analytics that allows users to grasp existing investments in data sources such as Qlik, Tableau, and Power Business Intelligence and blend the data to build reports.
It also features an enterprise semantics graph real-time telemetry, which indexes data assets to enrich data silos with location intelligence.
Important features: Digital credentials allow you to replace physical ID cards, passwords, and tokens in favor of mobile role-based identity badges tied to smartphones
Pricing: By request
Target audience: The whole enterprise
Oracle Analytics Cloud
Oracle Analytics Cloud is also one of the best business intelligence software. Oracle has spent the past several years providing its Oracle Analytics Cloud offering.
It was launched in 2014 as an outgrowth of its flagship BI Enterprise Edition suite. It added a Cloud HCM offering to give HR executives, analysts, and line-of-business leaders self-service workforce analytics.
Oracle has dedicated itself to making its cloud offering intuitive and user-friendly, with powerful reporting and machine learning features.
The key features include visualizations, predictive analytics, a native mobile app, data preparation, data connectors, and support for embedded analytics.
Pricing: Professional: $16 per user, per month, or $1.0753 OCPU per hour; Professional – Bring Your License (BYOL): $0.3226 OCPU per hour; Enterprise: $80 per user, per month, or $2.1506 Oracle compute unit (OCPU) per hour;
Important features: Conversational analytics support natural language queries; can automatically generate natural language explanations to explain visualizations and trends
Target audience: Midsize to large enterprises
Qlik’s goal is to provide anyone in the organization access to all of its data — subject, of course, to corporate data governance policies.
Qlik’s Associative Engine can associate every piece of data with every other piece to make it easier to search. Qlik Sense’s tool helps access that analytical capability and comes in the cloud and on-premises versions.
The Associative Engine now has Artificial Intelligence and machine learning features that offer context suggestions by using Qlik cognitive engine.
Target audience: The entire organization
Important features: Associative Engine can analyze all your data.
Pricing: Qlik Sense Business: $30 per user, per month; Qlik Sense Enterprise SaaS: Analyzer: $40 per month; Professional: $70 per month; Analyzer Capacity Packs, $100 per month; Limited versions: free
SAS Visual Analytics
SAS Visual Analytics is also one of the best business intelligence software. SAS’s take on Business Intelligence is its Visual Analytics tool, provided via its cloud and microservices-based SAS Viya platform.
It automatically highlights key relationships in data: The latest version has automated suggestions for relevant factors, along with insights expressed via visualizations and natural language.
Other important features include sentiment analysis for data from social media, automatic generation of charts, self-service data preparation, and other texts and mapping.
Deployment can be on offices, in public or private clouds, or on the Cloud Foundry platform as a service.
Target audience: Users across the large firm
Pricing: On request
Important features: Automated analysis functions
Sisense’s Business Intelligence software stack covers everything from the database through ETL and analytics to visualization — and it claims its In-Chip database engine is faster even than in-memory databases.
It is best known for embedded Business Intelligence uses. The latest version has new machine learning capabilities. Sisense is available locally or in the cloud.
Solutions for IT, marketing, sales, HR, finance, customer service, logistics departments, and operations.
Sisense makes it possible to offer analytics tools to users outside the enterprise by embedding them in web applications.
Sisense acquired Periscope Data and is in the process of integrating advanced analytics capabilities gained through the acquisition.
Target audience: Typically, SMEs
Important features: Fully web-based client, including for data preparation
Tableau Software can run its software on-premises, choose a public cloud, or have it fully hosted by Tableau. It offers tailored versions for banking, healthcare, and manufacturing.
It also supports financial, HR, IT, marketing, and sales departments. Tableau’s capacities include Analysis and mapping of time series data.
Its latest feature is drawing on the artificial intelligence capabilities of natural language processing to allow users to describe what they want to see, rather than clicking and dragging to create formulaic queries.
Pricing: Tableau Creator ($70 per month)
Target audience: Midsize and larger enterprises
Important features: Tableau draws on natural language processing to enable users to say what they want to see
Tableau CRM is also known as Einstein Analytics. Tableau CRM integrates Einstein Analytics’ advanced analytics power — including predictive and prescriptive analytics — into Tableau’s full range of contributions.
The goal is to expand self-service access to data to people across the firm’s environment. Users can build predictive models for their firm’s data.
Industry-specific mechanics and specific tools for marketing, sales, IT departments, and service.
The first product of the newly integrated offering is Einstein Discovery in Tableau, an AI and machine learning platform for predictive and prescriptive analytics. More incorporations are planned.
Target audience: Users of Salesforce.com
Important features: AI for BI, in Salesforce’s cloud
Pricing: $75 per month for Einstein Predictions
It is a self-service, AI-powered data visualization platform for dashboards, interactive visualization, workflow, and data preparation.
It is used across many industries, including financial services, energy, manufacturing, consumer packaged goods, government, travel and logistics, healthcare, and life sciences. The latest version also adds support for Python.
Target audience: Analysts and data scientists
Important features: The ability to use data science techniques, geo-analytics, and real-time streaming data using natural language query and natural language generation
Pricing: Pricing for Tibco Spotfire Platform and Tibco Cloud Spotfire Enterprise is available on request
Business Intelligence Software helps the company to identify ways to increase their profit. It helps to analyze customer behavior and compare data with competitors.
It helps to track the performance of the employees or a product. It helps to optimize operations and predict success.
It helps to spot market trends and discover issues or problems. Therefore, BI software is needed for these kinds of purposes for a company.