No matter how big or small, every company requires reliable methods to examine data and formulate the best possible approach to doing business. Business intelligence tools are methods by which businesses may learn from their data and gain a better grasp of where to go and what trends to follow. The right business intelligence tool can help any company, no matter its size, make better use of its data and, ultimately, more money.
Every company in the modern era must contend with intense levels of competition and pressure to succeed. This is why organizations of all sizes keep track of and analyze a wealth of data. Manual data entry, labor-intensive calculations, and time spent writing statistics are common data processing components. These wasted hours amount to a considerable loss of income.
Manual labor also introduces the possibility of making mistakes that compromise the final product.
Every company in the current day must contend with intense levels of competition and pressure to succeed. This is why organizations of all sizes keep track of and analyze a wealth of data. Manual data entry, labor-intensive calculations, and time spent writing statistics are common data processing components. These wasted hours amount to a considerable loss of income.
Manual labor also introduces the possibility of making mistakes that compromise the final product.
– Great Real-Time Analysis
– Save Costs and Time
– Simplify Business Processes
– Boost Productivity
Top 10 Business Intelligence Tools:
1. Zoho Analytics
2. Dundas
3. Sisense
4. SAP Analytics Cloud
5. Microsoft Power BI
6. Cluvio
7. Looker
8. Yellowfin BI
9. Microstrategy
10. Tableau Desktop
Image by Mary Pahlke from Pixabay
1. Zoho Analytics:
From the makers of the ubiquitous web-based office suite Zoho, comes the popular business intelligence, reporting, and analytics application Zoho Analytics. Marketing, sales, and other departments can benefit from Zoho Analytics’ ability to consolidate data from disparate sources into aesthetically pleasing and straightforward reports.
After the initial 15-day trial period, businesses can choose a Zoho subscription plan with monthly fees between $22.5 and $445.5. Zoho can help your company monitor critical KPIs, expose hidden trends, identify unusual outliers, and uncover previously unknown insights.
2. Dundas:
Consider Dundas if you need a powerful business intelligence tool that’s easy to use. It’s been around for over 25 years and is a browser-based BI application with simple drag-and-drop features.
Dundas can take large amounts of data and generate infinitely customizable, visually appealing, and easy-to-understand reports. You can study these reports without a dedicated analytics staff and arrive at the proper conclusions.
Dundas is a flexible and powerful tool that you may try for free for 45 days. The company’s price structure is adaptable, so it can meet the requirements of a wide range of customers.
3. Sisense:
Sisense is a cloud-based, API-first platform that makes it simple to manage and analyze complex data in large quantities. Sisense is easy to navigate and works well with other platforms like Salesforce and Adwords. Sisense’s data processing speed is superior to that of competing BI solutions. Using this method, you can immediately put your data to good use, which will help your organization expand more efficiently and effectively.
In addition, the company offers dedicated customer care to assist you if you have questions or run into problems while using Sisense. This business intelligence tool offers a range of annual subscription plans at various price points. You can fill out a form on their site to get an individual price estimate.
4. SAP Analytics Cloud:
SAP Analytics Cloud is a state-of-the-art business intelligence (BI) tool that facilitates informed decisions across the board, from marketing and sales to accounting and finance. You can keep tabs on the status of your company with these measurements. In addition, the built-in machine learning technology will provide automatic insights, highlighting the most crucial data for you to act on immediately.
Additionally, SAP Analytics Cloud supports all tiers of decision-making, meaning it can expand alongside your business as it develops. This business intelligence application has a free 30-day trial. Costs average $25 per month for each subscriber.
5. Microsoft Power BI:
Business intelligence has never been easier with Microsoft’s free and robust Power BI tool. A mobile device, be it a phone, tablet, or computer, you can get data and insights from this BI tool in a matter of minutes. With Microsoft Power BI, you can easily convert data into visuals, explore, analyze, and share any data with your team.
Users can collaborate on dashboards and reports by sharing and viewing those of others. Integrated governance and security features make it possible to scale the service to virtually any size organization. Power BI Pro costs $9.99 per month for a single user after a free trial period.
6. Cluvio:
Popular among startups and data-driven teams, Cluvio is a cloud analytics software. This program analyses your data with the help of SQL and R and then presents the results in visually appealing and interactive dashboards. The dashboards in Cluvio are straightforward. Time-based and user-defined filters, SQL scripting, visualizations, and collaborative dashboards are all at your fingertips.
In addition to providing useful insights, this BI tool will also provide you with helpful suggestions and notifications. You may get started with Cluvio for free by taking advantage of their trial period. What is the lowest subscription price for this service? Prices are $99 per month.
7. Looker:
Looker is a business intelligence (BI) platform for data discovery. It provides real-time data access to enable businesses of all sizes to identify and implement the most effective solutions to their problems. The data size it can analyze is almost infinite. Its analyses are compatible with various data stores, including SQL databases and warehousing systems.
If you use Looker, you only need to define your metrics once, and then you can let the tool automatically generate the correct SQL for you. As a result, data explorers can turn to it with any question. Using this software, you can easily produce visual reports that everyone in the company can understand. You can rest assured that the data they contain is accurate and up-to-date. Requesting a demonstration will allow you to see this program in action.
This business intelligence tool offers a range of annual subscription plans at various price points. You can fill out a form on their site to get an individual price estimate.
8. Yellowfin BI:
Yellowfin BI is a comprehensive business intelligence solution and advanced analytics platform that combines data visualization with collaborative analytics and machine learning. Using this BI tool, you may examine your data, find new insights, make connections and modify what you already have, and comprehend the causes and effects of data fluctuations.
Yellowfin BI provides automated alerts whenever there are significant updates to data that you care about. You will not have to sift through mountains of data, wasting hours, to gain the understanding you need. Yellowfin offers a 30-day free trial, after which the full version can be purchased for $50 per user each month.
9. Microstrategy:
MicroStrategy is a robust BI platform that provides customers with rapid data analytics and dashboarding. This business intelligence tool is useful for a wide range of purposes, including but not limited to keeping tabs on market movements, finding untapped revenue streams, boosting the efficiency of certain departments, and much more besides.
MicroStrategy users can import information from a wide variety of sources. And you can access your reports from any computer or mobile device with this handy app. Make the switch to being a data-driven firm with this intelligence software’s help. This business intelligence product costs $600 per named user and includes web and mobile access. Products can be purchased individually or in various packages, and a wide range of price structures is available.
10. Tableau Desktop:
It is possible to gain a deeper understanding of your business data with the aid of Tableau Desktop, an end-to-end solution. You don’t have to pay extra money or connect to many providers to acquire high-quality analytics when you use this tool. Tableau Desktop users can use many perks, from free training to a designated account manager.
This business intelligence tool is straightforward to learn due to its intuitive drag-and-drop interface. Soon after you begin using the program, you will see patterns in your data. As a tool, Tableau is not the cheapest option. It has a yearly subscription price of $70 per month.
The Bottom Line:
Instead of being a dangerous luxury, a business intelligence tool is a fair investment that pays off in the long term. Current BI solutions allow businesses of varying sizes to reap the greatest possible benefits while staying within their set spending restrictions. A wide variety of business intelligence tools are available today; you should evaluate multiple options to get the one that best fits your organization’s requirements. Get the most out of whichever tool you’re considering by devoting some serious time to learning it inside and out.
