Top 13 Business Intelligence Tools

According to a recent study, companies that use business intelligence tools have reported an increase in revenue by 24%. In this competitive world, such tools help companies to stay ahead of their competitors. It helps companies to access data from multiple sources, analyze and visualize data and then take strategic decisions based on them. With so many options available on the market however, it can be difficult to know which one is best suited for your business – which is why it’s important to take the time necessary to properly evaluate each tool before making a decision. 

In this blog, we will guide you through the various business intelligence tools to ease your selection process.

What are Business Intelligence Tools?

Business intelligence tools are designed to help businesses make better decisions by analyzing data. They enable users to collect, store, access, and analyze large amounts of data from multiple sources in order to gain insights into their business operations and performance. 

Business intelligence (BI) tools can be used for a variety of tasks such as forecasting trends, identifying customer needs or patterns, predicting future outcomes, uncovering hidden relationships between data sets, and more. There are several types of BI tools available including reporting software, analytics platforms, dashboards, visualization tools, and machine learning algorithms. 

These systems provide organizations with powerful ways to understand their customers better and improve operational efficiency. To learn more about business intelligence tools and how to use them, you can pursue a business analytics course.

Business Intelligence Tools

Some of the top tools available in the market are as follows:

1. SAP Business Intelligence

SAP Business Intelligence is one of the leading business intelligence solutions on the market today. The features of SAP Business Intelligence are numerous, ranging from sophisticated analytics capabilities such as predictive analytics and machine learning algorithms to intuitive visualization tools that allow users to explore data visually without needing technical expertise. 

In addition, SAP’s enterprise cloud platform allows organizations to deploy a unified BI solution across any combination of on-premise or cloud-based systems, giving them greater flexibility when setting up their infrastructure. This makes it an invaluable tool for decision-making, as users can quickly identify trends and patterns that may not be obvious otherwise.

Check out SAP.

2. Datapine

Datapine is a powerful BI platform that offers a comprehensive suite of features designed to help organizations make better decisions. The features of Datapine include intuitive visualizations such as heatmaps and scatterplots which enable users to explore data in an interactive manner without needing technical expertise. 

Datapine also includes an automated reporting feature that allows users to create reports quickly with minimal effort – perfect for busy professionals who need reliable information fast.

Check out Datapine.

3. MicroStrategy

Microstrategy is a comprehensive BI platform that provides users with the tools to access, analyze and visualize data from multiple sources in one place. Some key features of Microstrategy include interactive dashboards which allow for rapid analysis of data, predictive analytics capabilities which enable users to identify patterns and trends within their datasets, and an intuitive drag-and-drop interface that makes exploring data visually easy even for those without technical expertise. 

Check out MicroStrategy.

4. Yellowfin BI

Yellowfin BI is an end-to-end business intelligence platform designed to help organizations make informed decisions and uncover hidden insights from their data. It combines traditional reporting, interactive dashboards, and advanced analytics in a single package that can be used by both technical and non-technical users alike. Yellowfin is a cloud-based platform that is easy to use and scalable.

Check out Yellowfin BI.

5. QlikSense

This is a famous tool due to its feature called Search & Conversational Analytics which makes it possible to ask queries and find new insights more quickly and easily using natural language. It is a modern-day BI and analytics tool that offers several features to its users such as natural language queries, associative discovery, etc.

Check out QlikSense.

6. Zoho Analytics

Zoho Analytics is offered by Zoho Corporation. One key feature of Zoho Analytics is data connectors, which help to connect several data sources such as cloud-based warehouses, and databases together. Other data visualization, analysis, and reporting tools are also available. Zoho Analytics is also available for mobile devices and can be accessed easily.

Check out Zoho Analytics.

7. Sisense

It offers a wide range of tools for data analysis, visualization, and reporting. You can include data from a variety of sources such as Salesforce, Google Analytics as well as Google Adwords. The unique selling point for this tool is Sisense’s unique in-chip technology that allows faster, better, and more efficient data processing. The benefit that faster processing offers users is that they can analyze large amounts of data and perform real-time analysis.

Website – Sisense

8. Power BI

Developed by Microsoft, Power BI is a very powerful web-based analysis tool that has brilliant visualization capabilities which in turn helps to create clean and interactive reports. Some other features of Power BI are data connectivity, data modeling, interactive dashboards, and many more. Another benefit of Power BI is that it can be integrated easily with other Microsoft applications and services such as Azure, Excel, and SQL Server.

Check out Power BI.

9. Looker

Looker is another cloud-based platform which means it can be accessed from anywhere. Looker was acquired by Google and is now part of Google Cloud. Looker has a user-friendly interface and is suited for professionals not really from a technical background. It can easily integrate with SQL databases and supports SQL queries. Apart from the common features, it also offers APIs for visualization and dashboards into other applications or websites.

Check out Looker.

10. Clear analytics

This is the simplest of all tools. It is an Excel-based software that offers various business intelligence features such as automating, analyzing, and visualizing data. It is a self-service tool and also works well with cloud-based data warehouses.

Check out Clear Analytics.

11. Tableau

Tableau is widely known for its data exploration and data visualization capabilities. It allows a user to combine data from multiple sources and then clean and analyze it properly. You can include data from sources like Oracle, Excel, Analytics, etc. Tableau has several other products such as Tableau Desktop, Tableau Online, and Tableau Server.

Check out Tableau.

12. Oracle BI

As the name suggests Oracle BI is offered by Oracle Corporation and offers several powerful tools for data analysis, data modeling, and data visualization. It allows users to create reports and dashboards and perform ad-hoc analysis. With Oracle BI you can also perform predictive analysis and statistical modeling to improve the decision-making process. Another advantage of Oracle BI is that it can be integrated easily with other Oracle products such as Oracle Database, Oracle Cloud, and Oracle E-Business Suite, etc.

Check out Oracle BI.

13. IBM Cognos Analytics

With the help of Cognos Analytics, users can easily analyze data, design engaging dashboards, and produce smart reports. Data modeling, predictive analytics, and AI-driven insights are supported as part of the advanced analytics capabilities. Cognos Analytics is extensively used by enterprises of all sizes to take data-driven decision-making and acquire actionable insights from their data. It has strong security features and easy connectivity with other IBM products and data sources.

Check out IBM Cognos Analytics.

Conclusion

Business Intelligence tools are essential for any company looking to gain a competitive edge in today’s digital economy. These sophisticated software solutions enable businesses to quickly and accurately process large volumes of data while also uncovering key insights hidden within the information that could lead them down profitable paths. 

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