BI tools for business intelligence can help you make date-driven decisions in 2024. Keeping all business processes under control becomes more difficult with each passing year, as vast amounts of data are produced, posing a challenge to businesses of all sizes.
Organizations and businesses require assistance in making long-term and lucrative decisions. Any business user may quickly address each difficulty using current and professional business intelligence tools (BI tools) without requiring extensive IT involvement.
These tools may collect, analyze, monitor, and predict future business scenarios by providing a clear view of all the data an organization controls. Identifying patterns, enabling self-service analytics, utilizing powerful visualizations, and providing professional BI dashboards quickly become business operations, strategy development, and critical tools for profit growth.
Today, we will discuss the following best BI software tools…
| Software Name | Explanation | Price |
|---|---|---|
| Oracle Business Intelligence | Suite of tools for reporting, analysis, dashboards, and more. | $150/user/month* |
| SAS Business Intelligence | Provides analytics, BI, and data management. | Contact for quote |
| Infor Birst | Cloud BI and analytics tool. | Contact for quote |
| SAP BusinessObjects | Business intelligence solutions for reporting and visualization. | Contact for quote |
| Datapine | BI software with dashboards, reporting, and analytics. | $249/month* |
| Domo | BI platform offering data integration, visualization, and analytics. | Contact for quote |
| Zoho Analytics | Online BI and analytics platform. | $25/user/month* |
| MicroStrategy | Platform offering analytics and mobility solutions. | Contact for quote |
| Dundas Business Intelligence | Flexible BI platform with dashboards, reporting, and data analytics. | Contact for quote |
| GoodData | Platform for embedded analytics and business intelligence. | Contact for quote |
| IBM Cognos Analytics | Data exploration, reporting, and dashboards. | Contact for quote |
| QlikView | Business discovery platform offering self-service BI. | Contact for quote |
| Board | Decision-making platform combining BI, Business Analytics, and CPM. | Contact for quote |
| Yellowfin BI | BI and analytics solution offering dashboards, storytelling, and alerts. | Contact for quote |
Not only that, but the self-service aspect of these solutions allows all levels of users to access every feature we just described without the need for any technical skills or specialized training. As a result, they are the ideal answer for democratizing data analysis and improving business performance.
Here, we will define a BI tool, discuss the most significant benefits a company can receive from employing them, and provide a list of the top BI tools on the market, along with a review of each.
We considered two of the most popular websites for software comparisons and user evaluations to create the most accurate list possible. On the one hand, we have Capterra, a member of the Gartner family and the world’s largest advisory and research firm. On the other hand, G2Crowd, one of Gartner’s main competitors and a key player in the review business for over a decade, has been on the other side. We chose business intelligence software platforms with the highest scores on both websites and a minimum of 50 reviews for our analysis.
BI tools are software applications that gather, process, analyze, and visualize enormous amounts of data from the past, present, and future to provide actionable business insights, create interactive reports, and streamline decision-making processes.
Key elements of these business intelligence platforms include data visualization, visual analytics, interactive dashboarding, and KPI scorecards. Furthermore, they enable consumers to employ automated self-service reporting and predictive analytics features all in one solution, streamlining the analysis process.
But what are the advantages of modern BI software, and what do they provide that traditional data management methods do not?
Everything begins with technology
There are many essential benefits to using professional BI software and tools, but here we will focus on the most important ones:
They compile all the relevant data. Whether you operate in a small or large firm, you most likely collect data from various portals, ERPs, CRMs, flat files, databases, APIs, and other sources. You must build a high level of data intelligence to manage all of these sources and gain a deeper understanding of the acquired data. As a result, using current data connections will assist you in centralizing different sources and provide you with a unified view of all your business activities. Identifying concerns and trends, performing cross-analysis, and taking action are all linked and dependent on data.
Your current self-service analytics methods provide access to data: When every employee in the organization is equipped with up-to-date business intelligence software to examine data independently, the need to obtain reports from the IT department is significantly reduced. This self-service approach to BI gives companies a competitive advantage because every employee is equipped with appropriate data analysis skills. This ultimately saves the company time and resources and frees the IT department to focus on other important tasks.
Users can use predictions.
Predictive analytics does not have to be the domain of data scientists or analysts. With the integration of forecast engines, business users of any level of experience can readily obtain insights into future situations, allowing them to alter current plans to deliver the best results possible.
If, on the other hand, a business condition changes, intelligent data alerts powered by artificial intelligence protect against anomalies that can occur while managing massive volumes of data and identify new trends and patterns that will allow you to respond promptly. This level of technology enables you to reduce manual labor and automate procedures to free up time for other responsibilities.
BI Tools remove manual tasks
While traditional business management methods encourage the use of spreadsheets and static presentations, contemporary software for business intelligence eliminates limitless numbers of rows and columns and allows for process automation. Do you require a report? The program automatically updates your KPI dashboard with real-time data. Furthermore, you can automate the reporting process with predefined time intervals and just examine the findings. Do you require a presentation? Simply drag and drop your values to see how simple it is to create a sophisticated interactive dashboard that allows you to interact with your data on a single screen directly. We’re eliminating endless PowerPoint presentations and replacing them with a much more natural way to look at data.
BI Tools Lower Business Costs
BI tools provide speedier planning, analysis, and reporting processes across the board, from sales planning and customer behavior analysis to real-time process monitoring and optimization. In fact, according to a BI survey, more than half of business intelligence users said these are the most significant benefits that helped them reduce expenses and improve revenues. If you can work quickly and accurately, you can get much better business results and make changes that make money.
They are always available to you, 24 hours a day, 365 days a year. Different organizations have different demands. The Software-as-a-Service model these tools provide will deliver a complete SaaS BI experience, with all data kept in a secure online environment.
The software can scale or de-scale based on your requirements, allowing it to adapt to the individual needs of a business. Because the data is kept in the cloud, you have continuous access to the program.
Whether a manager, data scientist, analyst, or consultant, you can fully explore a wide range of self-service analytics capabilities.All you need is a browser and an internet connection to access your data from any smart device.
These advantages of business intelligence apply to both small and large businesses. If you need to control your data and understand what’s going on in your business, BI is the way to go. We compiled a list of business intelligence tools that will ensure your data management and discovery become intuitive and easy to use. They will keep you safe and ensure a higher level of productivity, which means you will make more money.
Top 15 BI Tools You’ll Love in 2024
We identified the top 15 BI tools that are leaders in the business intelligence field, frequently featured in industry articles, and have received positive user reviews on Capterra and G2Crowd, as previously indicated.
Let’s get this party started!
Oracle Business Intelligence
Oracle Business Intelligence is a portfolio of technologies and apps aimed at helping businesses optimize their performance and empower them to make faster and more informed mobile-enabled decisions. Oracle has a Capterra rating of 4.2 stars and a G2Crowd rating of 4.0.
They provide a wide range of data management features such as machine learning, artificial intelligence, an integrated array of querying, reporting, and mobile analytics. Since its inception in 1977, Oracle’s purpose has been to successfully provide businesses with the tools to manage their data in a comprehensive and agile manner.
PRIMARY FEATURES:
Capabilities on the fly Oracle BI responds: This feature gives users actual ad hoc capabilities intuitively. Users can quickly build charts and visualize data without room for complex processes and runaway queries.
Oracle dashboards: The technology provides customized dashboards that enable interactive access to information, personalized depending on an individual’s duties and identification. In this manner, users interact with live reports, charts, graphics, and pivot tables in pure web architecture.
Personalized alarms: Oracle BI provides an alarming personalized system that monitors business activity and can reach people via dashboards, emails, or even mobile devices. Alerts can launch a collaborative process by passing contextual information to other alerts or users.
Oracle BI Publisher: This feature allows you to build scalable reporting to safely and correctly distribute complicated information to stakeholders. Reports can be created in Microsoft Word or Adobe Acrobat and transmitted via email, printer, fax, WebDAV, or portal publishing.
This feature, which combines rules and predictive analytics, enables real-time intelligence to be incorporated into any business process. In real-time, the technology makes recommendations and offers real-time information.
Drawbacks:
According to Capterra and G2Crowd reviewers, Oracle BI can sometimes be slow, particularly when generating reports. Complex and time-consuming operations are documented for some functions, such as adding information to data models.
SAS Business Intelligence
SAS Business Intelligence is a BI solution that includes a wide range of tools and techniques for data scientists, text analysts, data engineers, forecasting analysts, econometricians, and optimization modelers. SAS Business Intelligence, which was founded in the 1970s, has a long history in the market, constantly developing and expanding its products.
With a Capterra rating of 4.3 and a G2Crowd rating of 4.2, this software has a reasonable user trust and happiness level.
PRIMARY FEATURES:
SAS has a number of BI tools and technologies that focus on visual data exploration and easy analytics. These include interactive reporting and dashboards, tools for working together, and mobile apps.
Data exploration with machine learning: SAS’ data exploration provides automated analysis with machine learning that is packaged in interactive visualizations that address business queries such as “Where do my customers come from?”
Text analytics capabilities: Text analytics, which allows you to acquire insights from text data such as social media, and location analytics, which integrates data in a geographical context, are intriguing.
Reports and dashboards across devices: Like the other tools on our list, dynamic graphics are organized into interactive reports and dashboards that can be accessed on mobile and tablet devices (Android and iOS).
Integration with other programs: With their Office Analytics solution, you can combine SAS with Microsoft Office apps such as PowerPoint, Word, SharePoint, or Excel, allowing you to view your results directly in the Microsoft Office Suite.
Drawbacks:
Most customers on Capterra and G2crowd say that this business intelligence tool is the best choice. This is because of the product’s complexity and number of features, as well as the higher price range and limited customization options.
Infor Birst
Infor Birst is a cloud-based analytics and business intelligence tool that assists users in comprehending and optimizing complicated processes. First was acquired by Infor, a multinational firm with a diverse array of software products for various industries, in 2017.
Infor Birst is now a sophisticated end-to-end solution that includes a data warehouse, visualization, and reporting platform, as well as a networked BI approach based on considerable automation and learning technologies. Customers gave the BI vendor’s software 4.1 stars on Capterra and 3.9 stars on G2Crowd.
PRIMARY FEATURES:
Birst’s native cloud BI product is built on Infor’s modern data architecture. The benefits include increased flexibility, data security, and scalability to react to changing business situations.
Networked BI: A multi-tenant cloud architecture enables the creation of interconnected analytics and business intelligence (BI) instances based on a shared data-as-a-service (DaaS) structure.
cross-device platform access that fulfills the needs of modern work patterns, delivering a positive user experience with the same online or offline interface.
Embedded BI: You can combine Infor Birst’s cloud solution with your application. This lets you monetize data in a familiar software environment without creating your own analytics solution.
Industry Analytics: A variety of role-specific and industry-specific data models and analysis choices are available. Specific trends and weak signals might be discovered with their assistance to respond to them at an early stage and boost profitability.
Drawbacks:
The user interface has been described as confusing by several customers. Furthermore, data integration is more involved than indicated because the business intelligence tool does not totally automate the creation of a data model based on the linked data sources.
SAP BusinessObjects
SAP BusinessObjects is a business intelligence platform that allows for extensive reporting, analysis, and data visualization. They offer Office connections with Excel and PowerPoint, allowing you to make live presentations and hybrid analytics that connect to their on-premises and cloud SAP systems. They are primarily concerned with business categories such as CRM, customer experience, ERP, digital core, HR and people engagement, digital supply chain, and many others.
To be precise, SAP is used by over 170 million people worldwide, making it one of the world’s largest software vendors. The company received 4.2 ratings on Capterra and 3.8 stars with over 400 reviews on G2Crowd, proving its well-established position in the market since 1972.
PRIMARY FEATURES:
A BI enterprise reporting system: Ad hoc queries and a comprehensive BI enterprise reporting system meant to drive your overall company strategy are used for reporting and analysis.
Self-service, role-based dashboards: Analytics applications and data visualization are centered on self-service capabilities, similar to other tools, where you may design your own role-based dashboards and applications, for example, to assess risks.
You can build a cross-enterprise sharing functionality to share your findings with other stakeholders and partners.
The connection between SAP Warehouse and HANA: When you connect to SAP Business Information Warehouse (SAP BW) or SAP HANA, multidimensional data analysis allows you to filter and change data in real-time.
Integration with Microsoft Office: By combining Microsoft Excel with SAP, you can analyze larger volumes of data and incorporate analytics into PowerPoint, making this solution readily integrated with Microsoft Office.
Drawbacks:
According to several reports, extensive analytical functions are rarely usable without further user training. Furthermore, the costs for individual modules are rather costly, and there are seldom any feature updates.
Datapine
Datapine is a business intelligence program that allows you to link data from many sources and analyze it using advanced capabilities (including predictive analytics and artificial intelligence). With all your data at your disposal, you can build a comprehensive business dashboard (or multiple), generate standard or customized reports, and add intelligent alerts to warn of anomalies and targets. This tool, which has received 4.8 stars on Capterra and 4.6 stars on G2Crowd, is a powerful option for businesses of all sizes because Datapine can be used for many industries, services, and platforms.
The software caters to advanced users like data analysts and average business users. The SQL mode allows analysts to construct their queries. On the other hand, the easy-to-use drag-and-drop interface makes it easy to enter numbers and make charts and dashboards that look great by using effective visual analytics.
PRIMARY FEATURES:
Drag-and-drop interface: Just drag your key performance indicators (KPIs) into the interface and watch as your charts and graphs turn into a professional dashboard without IT help or complicated code.
Simple predictive analytics: Advanced analytics features like predictive analysis based on a forecast engine, where you just choose the KPI, choose the number of data points to forecast, choose the previous data points for the calculation, and then choose the model quality by choosing the desired confidence interval.
There are numerous interactive dashboard features: Drill down into each section of the dashboard using advanced dashboard software features such as drill-downs, chart zooms, widget linking, and hierarchical filters, among others, to ensure a thorough data discovery process.
BI reporting tools can create standard or customized reports that you can share via a password-protected live URL, allow viewer access, or send an email report that you can automate at specific time intervals. Furthermore, you can incorporate datapine into your application and reap all of the benefits of BI software without investing your money and time in developing your own.
Artificial intelligence-based smart insights and alarms: Artificial intelligence, machine learning, and pattern recognition technologies warn the user if a business anomaly happens or generates different sorts of insights, such as growth, trends, value drivers, and what-if scenarios, among others.
Drawbacks:
They do have mobile access, but the dashboards are inaccessible unless you download their app and customize them from the mobile perspective.
Domo
Domo is a business intelligence software platform that includes several systems, linking data and extending data with pre-built and custom apps from the Domo Appstore. Domo can also be used for data lakes, warehouses, ETL tools, and R or Python scripts to prepare data for predictive modeling.
You may integrate data throughout your company, leverage machine learning and artificial intelligence skills, and allow users to explore data on their own, much like with other tools. With 4.2 ratings on Capterra and an even better 4.4 on G2Crowd, this BI tool is also endorsed by many users worldwide, despite the fact that the company is one of the youngest on our list, having been created in 2011.
PRIMARY FEATURES:
Data integration works similarly to other tools; you can connect to more than 1000 pre-built cloud connectors, on-premises with Domo Workbench, file uploads such as Excel or Google Docs, proprietary systems, and federated connectors that will allow you to query the data regardless of where it is hosted.
Data transformation tools will allow you to prepare your data with a drag-and-drop ETL, as Domo refers to it, without having to understand SQL.
Data visualization allows you to transition from raw data to charts, graphs, maps, and other visualizations that Domo suggests after you upload your data source. You can fine-tune the data, annotate it for additional commentary or conversation, or adjust and control who gets access to it.
Mr. Roboto as an AI engine: Mr. Roboto, Domo’s AI engine, powers predictive analysis by allowing data scientists to create predictive models and use artificial intelligence, machine learning, natural language processing, and other AI technologies to alert and notify about changes in KPIs, for example.
Domo Appstore: Their open cloud platform is an ecosystem of pre-built apps, connector APIs, and dashboards, with the option to create your own and share it on the Domo Appstore.
Drawbacks:
Domo is not designed for newbies because the learning curve might be steep, but they do provide training, so be prepared to learn. Their pricing models are opaque, but based on the facts available on the web, you may guess that it’s the most expensive answer on our list.
Zoho Analytics
Zoho Analytics has completed our list of BI tools. Although the company offers a wide range of products, including CRM, bundles, and apps, we will concentrate on their BI and analytics solutions because they are the most relevant to our topic.
With over 500 integrations for your business apps, over 10,000 clients globally, and 4.3 stars on Capterra and 4.2 on G2Crowd, this is one of the business intelligence reporting tools to consider.
PRIMARY FEATURES:
Blending and visualizing data: Like the other tools on our list, their main capabilities revolve around blending data from numerous sources and visualizing it through reports and dashboards created with their drag-and-drop builder. However, you can also import data from Zoho Docs, their online storage service.
Zia is an intelligent assistant: If you’re seeking artificial intelligence-powered analytics, Zoho has introduced Zia, an intelligent assistant to which you can ask queries in natural language and receive instant responses in the form of reports and KPI widgets. Zia is built on natural language processing and machine learning technology to assist users in finding data more quickly.
If you choose a shared view of your reports, you can enable real-time commenting on items like charts, pivot views, tabular views, tables, or dashboards. People you cooperate with will be notified quickly, and you can create a full thread, attach files, crop your screen, or utilize alternative formatting options.
In addition to charts, widgets, pivot tables, and tabular view components, geo-visualization is a feature that allows you to analyze geographical data using interactive map charts across nations, states, regions, and even latitudes and longitudes.
Deep analytics with a spreadsheet-like interface: If you like spreadsheets, Zoho’s interface for deep analytics will look quite familiar. Designed for Excel users, this type of analysis will provide you with a familiar look and feel for analysis and reporting, although it promises much more functionality than Excel.
Drawbacks:
According to some studies, if you wish to use this business intelligence tool for more complicated activities, you will require additional development experience. Furthermore, it will take some time to become acquainted with organizing your workflow and connecting the dots before you can fully utilize its advantages.
MicroStrategy
MicroStrategy is a software and mobile platform for enterprise business analytics, focusing on hyperintelligence, federated analytics, and cloud solutions. Their mobile dossiers allow customers to create interactive analytics books that can be viewed on iOS or Android smartphones, with the option to integrate MicroStrategy material into their apps using Xcode or JavaScript.
You can get a sample app, MicroStrategy Mobile, or the Library app, which allows you to install analytics on the fly. This tool has received 4.2 stars from both Capterra and G2Crowd reviewers, making it one of our instances of business analytics tools with high references in the BI industry.
PRIMARY FEATURES:
Their hyper-intelligence feature collects data from numerous sources and transforms it into meaningful, zero-click insights, whether they are cards on a website or integrated with a voice-over assistant. An intriguing fact is that they deliver contextual insights; merely hover your cursor over the relevant data, and the software will recognize it directly on the website, applications, and gadgets you use.
Federated analytics provides a standard data glossary regardless of the tools used. It is based on an enterprise semantic graph that indexes all disparate data systems and allows for visualizations of the same data.
As previously said, they also provide mobile deployment, which allows customers to access current reports, dashboards, and visualizations in real-time, from any location and device, with the option of code-free app development and design.
Using natural language processing and machine learning, you may integrate voice technology and chatbots such as Alexa or Google Home.
Cloud technology: Microstrategy provides various cloud solutions that are scalable, secure, versatile, and expandable to satisfy the demands of both business departments and IT.
Drawbacks:
Some users claim a complicated initial setup because it requires many parties and extensive application understanding. The software’s ease of use is lacking-you’ll need very competent employees to “get it up and running.”
Dundas Business Intelligence
Dundas BI is the next tool on the list. The business intelligence platform, which has a 4.5 rating on Capterra and a 4.4 rating on G2Crowd, seeks to make the entire analytics process more straightforward and flexible with interactive dashboards, reports, and visual analytics. Dundas, the software, was founded in 1992 as a solution for data visualization.
In 2015, the tool evolved into Dundas BI. This end-to-end analytics platform enables every level of users to visualize and analyze data using features such as reporting production, ad hoc searches, and data discovery, among others.
PRIMARY FEATURES:
Immersive Mobile Experience: Using HTML5, this feature allows you to share, view, and create dashboards from your mobile device. The mobile version is identical to the desktop version and does not require app downloads.
Customizable data view: The tool allows you to create dashboards using drag and drop. A responsive design dashboard can be customized with various charts, styles, and themes.
Dundas BI is a completely programmable platform that can be customized by both regular end-users and advanced users using CSS styling and full scripting. This means you can use an API to integrate the entire system into your application.
Tailored Analytics: Dundas BI provides real-time data, allowing business users to instantly access, produce, interact with, and monitor their data on any device. Furthermore, the tool offers cross-analysis, allowing users to examine their data and discover hidden opportunities.
The Dundas BI platform provides extremely interactive alternatives for visualizing your data, such as smart recommendations, graphic animation transitions, and data brushing. The ultimate goal is to keep users engaged while also assisting them in understanding the data more quickly.
Drawbacks:
According to the reviews, we read while researching Dundas BI, the application has a lengthy learning curve and lacks an undo feature, so users may go back if they make a mistake. Also, reviews say that some of their features are still in the early stages of development and have small problems.
GoodData
GoodData is a business analytics platform that enables data ingestion, storage, analytical queries, tools, and application interaction.
According to their website, you may embed their analytics into your website, desktop, or mobile application or generate dashboards and reports for your daily operations without needing a Ph.D. In addition, GoodData, one of the more recent software solutions on our list, scored a consistent 4.3 stars on Capterra and a 4.0 on G2Crowd, making them one of the best tools for business management.
PRIMARY FEATURES:
Customers can publish their reports. Each customer can get embedded analytics at scale with different customizations (custom data models and analytics) that let them publish their own reports and dashboards.
They also provide a modular data pipeline for fast data integration with an on-premise or cloud warehouse, regardless of whether the data is structured, semi-structured, or unstructured. For versatile data processing, you can use tools like SQL, Python, R, or Ruby.
An open platform for developers: An open platform provides frameworks for integrating existing data using white-labeled iFrames or their JavaScript library, supported by different React components.
During the whole data and analytics lifecycle, including development, testing, launch, and maintenance, you can get more services and help.
4 Data Centers: GoodData has four data centers, two in the United States (Chicago and Dallas) and one each in the European Union and Canada. However, the particular locations in these two regions are not revealed. Existing projects can be moved from one data center to another at any moment.
Drawbacks:
Despite completing training sessions and a higher pricing range for small businesses, some users say it is difficult to use.
IBM Cognos Analytics
IBM Cognos Analytics – a member of the Microsoft family, is a cloud-based business intelligence software that uses AI recommendations when creating dashboards and reports, geospatial capabilities to overlay your data with the physical world, and allows you to communicate with the software by asking questions in plain English.
At Capterra, IBM Cognos Analytics, a solid product from one of the industry’s pioneers in software development, scored 4.1 stars and 3.9 stars on G2Crowd.
PRIMARY FEATURES:
A new search feature in Cognos Analytics lets users explore, find, and get to the content they have recently used. They can also filter and save queries.
Single data module: Multiple data sources are combined into a single data module. This doesn’t replace the IT department, but lets users make and deal with insights independently.
Data visualization that lets you interact with it: powerful analytics are built into interactive visualizations, and geographic maps are also included.
Users can talk to the AI assistant in plain English by asking a question and having the assistant suggest the best ways to show the answer.
Comprehensive information center, a network, and assistance for learning and understanding their products.
Drawbacks:
It will take some time to become familiar with all of this solution’s features and capabilities. According to several consumers, this tool would not be acceptable if you are looking for complete dashboard features.
QlikView
QlikView is one of the business intelligence (BI) apps provided by Qlik as part of their data analytics platform, which focuses on rapid development and guided analytics applications and dashboards. It is based on an Associative Engine, which enables data discovery without the usage of query-based tools, thereby reducing the risk of data loss and erroneous results.
Users are pleased with the product and its capabilities, with 4.3 ratings on Capterra and 4.1 on G2Crowd, making it one of the top BI tools on our list.
PRIMARY FEATURES:
Associative exploration: Qlickview’s Associative Exploration feature is built on simple selection and search functions that end users of all experience levels can enter. This allows you to view essential company data from numerous perspectives and obtain new insights on the go.
Graphically highlighted dashboards: During the data exploration process, dashboards and guided analytics are visually highlighted for the user.
Advanced data preprocessing and communication with their Associative Engine The Associative Engine aggregates all of your data sources without boundaries, discarding imperfections and updating them with each click on the interface.
A dual-use strategy: Qlik allows customers to extend QlikView with other products from their portfolio, allowing for the development of a unique dual-use strategy.
The Qlik platform for developers: the Qlik Branch Community, the Qlik Knowledge Hub, the Qlik Branch Playground (which they indicated will be decommissioned soon), and the Qlik Core documentation are all available to developers.
Drawbacks:
You must be willing to learn how to use this program because it demands technical skills in many places, and it may be costly for small to midsize businesses.
Board
Board, a Swiss BI tool with 4.5 stars on Capterra and 4.4 on G2Crowd, was developed in 1994 as a platform for decision-making, business planning, and performance tracking.
Data Board provides an easy-to-use data analytics solution that combines a self-service approach with enterprise-wide data governance to create interactive dashboards, execute effective analyzes, and generate compelling reports.
PRIMARY FEATURES:
HBMP: Hybrid Bitwise Memory Patter is a proprietary in-memory technology used by the boarding platform (HBMP). This combines great performance with full read and writes capabilities, allowing faster data visualization, simulation, and planning.
Calculated metrics: Users can create metrics such as Excel formulas and use them directly in analysis, reports, or dashboards. Furthermore, the tool provides time-based functionality to perform cross-analysis or historical analysis on your dashboards easily.
The application allows you to build what-if and what-for scenarios, easily comparing and simulating different data results. This allows users to accurately develop strategies and manage their businesses.
The Board provides comprehensive workflow management with conditional alerting, mailing, cell locking, and triggered events.
This approach allows users to modify calculated fields across dimensions and hierarchies. For example, if you modify the percentage, the change will be reflected in the quantities used to calculate it.
Drawbacks:
Reviewers note that installing and updating add-ons is difficult. Additionally, the software documentation should be updated; otherwise, some functions may be utilized erroneously.
Yellowfin BI
Yellowfin BI is the last but not least on our list of business intelligence software. This BI analytics platform has a suite of products that includes dashboards, signals, stories, data discovery, and data prep, as well as a mobile app available for Android and iOS smartphones.
With over 100 reviews, Capterra users gave it a great rating of 4.6, while G2Crowd reviewers gave it a 4.3, so it makes sense to take a closer look at what they offer.
PRIMARY FEATURES:
There are five primary products: Yellowfin signals, stories, dashboards, data discovery, and data prep are the five main tools in the Yellowfin BI suite that link, convert, and understand your company’s data.
They specialize in three major BI and analytics solution areas: enterprise analytics, embedded analytics, and analytical application builders.
Using Yellowfin signals via smartphones, you may benefit from automated detection of trends and abnormalities in your data. These signals are based on strong algorithms that are controlled by AI and send fast, personalized alerts directly to your phone.
Persuasive data stories: Yellowfin tales allow users to mix data with a written story, video, and pictures to create credible data reports that put people first.
Smart tasks: They provide trigger-based smart tasks that are automatically sent to the appropriate person when a KPI falls below a certain threshold. This enables everyone in the firm to take action at the proper moment.
Drawbacks:
Some consumers stated in their reviews that some essential analysis functions offered on other BI platforms are unavailable. They also noticed issues with performance when working with larger data volumes.
Conclusion
Big data is all around us and getting bigger by the year. With the multiple capabilities that BI and business analytics tools have to offer, you stand to reap significant benefits: your data management will become more coherent, reliable, adaptable, and predictable. We seek to assist you in evaluating the top tools on the market. We hope our detailed reviews of each product will encourage you to look into business intelligence tools and find ones that work well for your company or department.
Below is a graphic breakdown of our 15 best business intelligence tools for 2024 to help you comprehend and retain all the information you just got.
A summary of the best BI tools for 2024, based on client feedback.
Guest post by Amar Litvar
What are the best BI tools?
What is the Business Intelligence Dashboard?
A business intelligence dashboard is an analysis tool that displays data from multiple sources on a single screen. BI dashboards, which are equipped with interactive data visualizations, enable businesses to track important performance metrics and optimize processes in order to meet their objectives.
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