Jack Burch
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Picking the best business intelligence tools is crucial for your business and its success. These tools can aid you in many ways, from data analysis to performance monitoring.
However, with so many great choices, choosing the right software for your business can be difficult. That’s why we’ve compiled this list together for you.
Ready? Let’s dive in.
What is a Business Intelligence Tool?
Business intelligence software is a type of application software used to retrieve, analyze, convert, and report data.
Across marketing, sales, and BI departments, collaboration is essential for driving growth in data-first organizations. Forbes reports that “over half of all businesses believe cloud business intelligence (BI) to be either crucial or significant to their present and future plans”.
Looking at the bigger picture…
What business intelligence really is, then, is the capacity to look at the big picture. This is something that any company can benefit from.
A business is only as good as its BI team. The software that supports them, i.e. effective data visualization, real-time metrics, automated reports, database software and systems, and data recovery software, can all help.
When used wisely, any of these can be used to secure success in a competitive marketplace.
Best Business Intelligence Tools
In today’s world, nothing is as essential for a business as data.
In fact, the team from Convert More advises that the ability to predict changes in market behavior is a critical advantage for businesses. To expand and succeed, businesses must have access to relevant data.
That’s where business intelligence tools come into play.
Software packages known as business intelligence (BI) solutions are employed to amass, structure, display, and analyze information. This information is taken to spot patterns, trends, and insights that you may use to make smarter decisions.
Instead of making an educated guess, you can choose to rely on hard data and leave nothing to chance.
#1 Zoho
Spreadsheets, SQL databases, cloud apps, and social media platforms are just some of the many places that Zoho can connect to. This way, you can get the big picture of your business by examining data from all these channels, simultaneously.
While it’s simple to get started with the platform, it’s packed with advanced tools like predictive analytics and bespoke dashboards. Zoho also provides a self-service data preparation and management module to facilitate data preparation for analysis.
This is a vital part of the business intelligence process since it guarantees usable, high-quality data that can provide you with actionable information.
#2 Tableau
Tableau is business intelligence (BI) and analytics software that enables you to personalize and incorporate data analytics within your products, gaining insight from your data.
It provides data scientists with an easy-to-use, intuitive drag-and-drop user interface for gaining access to data, creating reports, and disseminating findings within the business. Pivoting and joining are only two examples of the kinds of complicated operations made easier by the drag-and-drop function.
The best part is that the findings will update in real-time. Moreover, it employs sophisticated algorithms to aggregate and centralize previously dispersed operations, into a single, easy-to-use interface. This might be the right toolset for you if you want plenty of options.
#3 Sisense
Sisense is an analytics platform and business intelligence software that streamlines data and makes it easier to build analytical apps.
Thanks to API-first cloud technologies, you can embed the analytics tools in any website or app. As an added bonus, it lets you build cloud-based or on-premises enterprise-level analytics solutions at the lowest total cost of ownership.
Plus, the in-chip parallel processing technique and in-memory columnar database allow for the simultaneous service of several servers from a single hardware node. This feature helps you avoid spending money on unnecessary servers or equipment.
Another standout function is Sisense Pulse. Data anomalies are automatically detected and explained via machine learning (ML). Basically, Sisense offers everything you need to create analytical apps.
#4 SAP Business Intelligence Suite
The SAP Business Intelligence Suite includes tools for data visualization, analysis, and reporting. Keeping tabs on crucial variables and offering access to useful data can help you make more informed decisions with less guesswork.
This cloud-based analytics solution utilizes in-memory computing and machine learning to provide simple solutions to complicated issues. Using the cross-enterprise sharing feature, you can share data and all reports in real time with other businesses.
As an added bonus, the compatibility with Office makes it easier to handle data, apply filters, and spot patterns. It also allows you to incorporate data into Microsoft PowerPoint presentations and run analytics on a massive scale.
This versatile BI app will enable users to access their own contextualized and individualized insights from any device at any time. When you consider that modern workplaces have become mainly decentralized and rely on remote work, this option can be a godsend for business owners and managers who need information on the go.
In addition, it allows you to make reports in any format, with accelerated report design and the ability to include media like videos and graphics.
Wrapping up
To summarise, those were the top business intelligence tools we recommend checking out. Simple to set up, these BI tools provide a wide range of practical business intelligence features, such as data augmentation, reporting, visualization, and more.
However, different tools include different advantages. Before making a final selection, it’s essential to weigh the product’s primary features, benefits, and drawbacks.
Remember – the key to making the most out of the data you collect is not just investing in the right tool. You also need a great team! Luckily, you can easily hire experienced freelancers to help your BI team reach its full potential.
Ready to hire? Our marketplace of over 410,000 diverse freelancers has the skills and expertise needed to skyrocket your business. From marketers to designers, copywriters to SEO experts – browse the talented bunch here!
Stuart Logan
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