Business intelligence software is a program that manages to retrieve meaningful trends and insights from raw data. These trends and insights can be leveraged to make informed business decisions.
Business Intelligence Software: BI i.e. Business Intelligence tools are developed to retrieve meaningful insights from raw data. The insights are used to make data-backed business decisions. However, using the right business intelligence software is essential to get accurate results.Â
In this article, we have presented the list of top 10 business intelligence software that help companies make accurate business decisions. Knowing more about these BI tools and applications may help you become a Business Analyst one day!Â
Choosing the Right Business Intelligence Software, An OverviewÂ
Business intelligence must be capable of analyzing data in real-time. They must also be capable of tracking recent market trends and customer behavioral patterns without any issues. An overview of the business intelligence software has been provided below:
| Choosing the Right Business Intelligence Software? An Overview | |
| Particulars | Description |
| BI full form | Business Intelligence |
| Purpose | Analyzing data, uncovering insights, and making data-backed decisions. |
| BI Methods | Data mining, reporting, data visualization, statistical analysis, data preparation, visual analysis, etc. |
| Benefits of BIÂ |
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Also read:Â Business Intelligence and Analytics, Key Concepts, and Application
Top 10 Business Intelligence SoftwareÂ
These are the top 10 business intelligence software according to us:
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DatapineÂ
Datapine is capable of handling all types of business analytics tasks. Its simple user-interface enables even non-technical individuals to carry out the complex processes and tasks. Integration of data from various data sources is possible with this business intelligence software. It is also capable of performing in-depth data analysis and comes with an intuitive dashboard. So, generating actionable insights is much easier with Datapine.Â
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MicroStrategyÂ
MicroStrategy is a powerful BI tool that has been designed for enterprises of all types. It comes with cloud solutions and is capable of handling advanced analytical work. Identifying emerging market trends, finding new business opportunities, and enhancing workplace productivity can be easier with the help of this tool. You can use it via both desktop and mobile phones. As it involves several parties, extensive knowledge of business analysis is essential to handle it. However, its capability of integrating data from sheets, applications, and cloud makes it one of the best business intelligence software in the market.Â
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SAS BIÂ
SAS Business Intelligence is another popular BI platform. Its latest feature update included the predictive analysis of advanced-level. With the help of SAS BI, you can use metrics and data to make highly informed business strategies and decisions. It comes with different APIs that can be customized as per your business needs. It also comes with advanced analytics and reporting features. The text analytics feature of SAS BI provides great insights from raw data.Â
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Yellowfin BI
Yellowfin BI is a modern analytics platform that has been integrated with data visualization capabilities. It also comprises data collaboration and machine learning features. Filtering huge data sets and flexible dashboards make it one of the best business intelligence software in the market. It offers a low-code development environment using which you can build design elements and dashboards.Â
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QlikSense
QlikSense is an end-to-end business analytics platform that can be accessed from laptop, computer, mobile, or any digital device. Its UI is touch-sensitive which has made it a popular business intelligence for mobile users. It has been integrated with advanced AI (Artificial Intelligence) and cloud computing features. Its ability to discover meaningful insights through NLP (Natural Language Processing) makes it one of the most useful business intelligence software in the market.Â
Also read:Â Choosing the Right Data Analytics Platform for Your Business
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Zoho AnalyticsÂ
Zoho Analytics is popular among professionals because of its unique reporting and data analytics features. It can sync and schedule data automatically. It is also easy to connect it with other applications using integration APIs. You can merge data from various sources and extract meaningful insights from this platform. Creating personalized dashboards and reports is also possible with its unique features. It offers a range of sharing options with the option of commenting which makes it excellent for collaboration purposes.Â
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SisenseÂ
Managing complex business analytics processes and tasks is easy with Sisense. It is also capable of managing large datasets. Collecting data from Google Analytics, Salesforce, and Adwords is possible with Sisense. It is quite faster as compared to other business intelligence tools because of its inbuilt in-chip technology. It is also one of the best cloud analytics tools and used by the top data engineers and experts. It comes with a user-friendly and modern interface which makes it one of the best business intelligence software in the IT industry.Â
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Power BI
Developed by Microsoft, Power BI one of the most used business analytics solutions. It comes with a wide range of business analysis tools. It is also integrated with data visualization tools and features. Real-time trend identification is possible with its tools. You can also upgrade a campaign in real-time by using its features. It is a web-based software that can be accessed from any part of the world. You can integrate other applications with it and also use it to create intuitive dashboards and reports. Due to these reasons, we have included it in our list of top business intelligence software.Â
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Clear AnalyticsÂ
If you are proficient in Ms Excel, you will find it easy to use Clear Analytics. It is so because its features and tools are based on Excel. You don’t need advanced Excel skills to handle this tool. Creating reports, visualizing data, automating data processes, and analyzing raw data are some of the common tasks that you can handle with this BI platform. You can also integrate it with Microsoft Power BI using Power Pivot and Power Query. These capabilities make it one of the most practical business intelligence software out there!Â
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TableauÂ
Tableau specializes in data retrieving and visualization. Analysis, sharing, and visualizing data is possible if you are proficient in using this business intelligence software. Data from My SQL, MS Excel, Oracle, Google Analytics, and other sources can be integrated using it. Its user-friendly interface and dashboards make it easy even for non-technical users.Â
These were the top 10 business intelligence software that you must learn to use and handle. Want to become an expert Business Analyst or do you want to master full-stack data analytics? With the tailored data science from PW Skills, it is possible to gain complete knowledge of BI tools and applications.Â
Along with our online courses, we also offer mock tests and practice questions to hone your skills. Career guidance from experts and job assurance programs help you to achieve your dream career goals. Join our courses today and build a rewarding career in the field of data science.Â
Also read:Â How to Transition from Business Analyst to Data Scientist in 2023
Business Intelligence Software FAQs
How to choose business intelligence software?
Check market research reports on popular BI software and tools. Compare the product features of multiple software and choose the one that suits your business needs.
Which is the most critical feature of business intelligence software?
Presenting the data in the form of visuals i.e. data visualization is the most critical feature of business intelligence software.
What purposes does business intelligence software serve?
Business intelligence software is used to analyze data and draw actionable insights from it. It also helps businesses to make informed business decisions.
Is SAP a business intelligence software?
SAP Business Objects is a popular business intelligence software that helps to create reports, visualize, and share the data.
Which are the latest innovations in business intelligence?
NLP (Natural Language Processing), AI (Artificial Intelligence), BI solutions based on cloud, innovative data visualization tools, etc. are some of the latest innovations related to business intelligence.
Which are the latest innovations in business intelligence?
NLP (Natural Language Processing), AI (Artificial Intelligence), BI solutions based on cloud, innovative data visualization tools, etc. are some of the latest innovations related to business intelligence.
