Now that businesses can collect data on everything from sales and marketing to workflows and productivity to hiring and HR to overall performance and profitability using Business Intelligence Tools, it has never been more important to be able to sort through all this data to find real, actionable insights.
With the help of business intelligence tools, businesses can find new ways to improve their return on investment (ROI) and their competitive advantage. All departments, industries, and business users use these tools, so if you want to move up in your career, you might look into one of them.
BI tools make it easier to find the right data and display it in a way that helps us figure out what it means. But the tool you use will determine how easy this process is and how you can see the data: It’s important to choose the right one for your needs.
Business Intelligence Tools in 2023
- Microsoft’s Power BI
- Tableau
- Dundas BI
- Sisense
- Zoho Analytics
- QlikSense
- Oracle BI
Microsoft’s Power BI
Microsoft’s Power BI is one of the most-used business intelligence (BI) tools. This tool is software that you can download, so you can run analytics either in the cloud or on a reporting server. With this interactive tool, you can sync with sources like Facebook, Oracle, and more to make reports and dashboards in minutes.
The free Power BI Desktop version is good for users who work alone. The Pro version, which costs $10 per month, makes collaborative analysis easier by using Microsoft Office365, SharePoint, and Teams to control who can see raw data and published reports.
It is also less expensive than many of the other BI tools on the market and some of the other providers. The product is very easy to use, like many Microsoft products, and it also looks and feels like other Microsoft products. In addition to being able to work with Microsoft products, it can also work with hundreds of other data sources, even ones that aren’t made by Microsoft.
Power BI lets you clean up data, find data visually, use interactive dashboards, and do analytics. By putting Power BI in Office 365 E5, Microsoft has opened up a huge way for people to use it. “Self-seeding,” on the other hand, can make it hard to manage and coordinate outputs.
Tableau
Tableau is known for its easy-to-use charts, but it can do more than just make pretty pictures. Their service includes live visual analytics, an interface that lets users quickly spot trends in data by dragging and dropping buttons.
The tool works with data sources like Google Analytics, Microsoft Excel, Box, PDF files, and more. Its versatility extends to being able to connect with most databases.
Tableau has the ability to map and analyze data from surveys and time series. Its newest trick is to use natural language processing, a type of artificial intelligence, to let users describe what they want to see instead of clicking and dragging to make formulaic queries.
Tableau also has a number of products that can be used on their own, such as Tableau Desktop, Tableau Server, Tableau Online, and many more.
The prices are a little high at first, and they go up at the end of the year. They don’t offer multi-year contracts, so their high and changing prices, which can make them seem like they are trying to take advantage of people, hurt them in our value for cost section.
Dundas BI
Dundas BI is a piece of software made for business intelligence and data visualization. It has a set of features and functions that help businesses analyze data in a way that gives them useful information to help them make decisions. Dundas BI is easy to use and understand, so it can be used by people of all skill levels.
One of Dundas BI’s best features is that it can connect to many different types of data sources, such as spreadsheets, databases, and cloud-based applications. This means that users can get to all of their data and look at it in one place. Dundas BI also has a drag-and-drop interface that lets users make interactive dashboards and reports quickly and easily.
Advanced analytics are another thing that makes Dundas BI stand out. Tools for predictive analytics, data mining, and machine learning are built into the software. This lets users find patterns and trends in their data and predict what will happen in the future.
Dundas BI is also very flexible, allowing users to make their own visualizations and add their own branding to reports and dashboards. The software can also be changed to fit the needs of businesses of any size.
Sisense
Sisense is the most popular business intelligence software. It gives businesses powerful analytics tools that can turn complex data into insights that can be used to make decisions. Its best feature is that it can manage, analyze, and display data all in one place. This makes it a top choice for businesses of all sizes and in all kinds of industries.
Sisense’s ability to easily connect and combine data from different sources, like spreadsheets, databases, and cloud-based apps, is one of its best features. The software’s advanced data modeling features let users combine, change, and clean data without the need for extra tools or help from IT.
Sisense also gives you a lot of ways to show your data, from traditional charts and graphs to dashboards and reports that you can interact with. These visualizations are easy to change, so users can make presentations that are unique and interesting and fit their needs.
Also, Sisense’s unique technology lets users make animated infographics and beautiful visualizations that are easy to share and can be added to web pages, emails, and other digital channels.
Sisense is also great because it can grow and shrink to meet the needs of businesses as they grow. The architecture of the software is flexible, so users can add more data and users as their business grows without affecting performance or functionality.
Zoho Analytics
Zoho Analytics is business intelligence software that runs in the cloud and helps businesses turn raw data into insights that they can use. The software is made to be easy to use, so businesses of all sizes and in all fields can use it.
Zoho Analytics’ ability to connect and combine data from different sources, such as spreadsheets, databases, and cloud-based apps, is one of its best features. This lets users access all of their data from a single platform, which makes managing and analyzing data easier.
Zoho Analytics is also great because it can do a lot of different kinds of reports. The software has many ways to show data, like charts, tables, and pivot tables, so users can make reports that are interesting and fun to use. Users can also make their own dashboards that show a quick summary of key performance metrics.
Zoho Analytics also has advanced analytics features like predictive analytics, data mining, and machine learning. Users can find patterns and trends in their data and make predictions about what will happen next with these tools.
Collaboration is another feature of Zoho Analytics that stands out. Users can share reports and dashboards with each other and work together in real time using the software. Users can also set up automatic alerts to let them know when certain things happen, like when a key performance metric changes.
QlikSense
QlikSense is a powerful piece of business intelligence software that can help turn raw data into valuable insights for businesses. It has an easy-to-use interface that lets users make interactive dashboards and reports quickly and easily.
Advanced data visualization is one of the things that makes QlikSense stand out. The software gives you a lot of ways to see things, like charts, graphs, and maps that you can interact with. Users can also easily make their own visualizations to meet their own needs. Users can dig deeper into the data and learn more about it by interacting with these visualizations.
QlikSense is also great because it can connect to a wide range of data sources, such as spreadsheets, databases, and cloud-based apps. Users can combine data from different sources into a single view using the software’s advanced data integration features. This makes it easier to analyze and learn from the data.
QlikSense also has advanced analytics features like predictive analytics and data mining. Users can find patterns and trends in their data and make predictions about what will happen next with these tools.
Collaboration is another feature of QlikSense that stands out. Users can share dashboards and reports with others and work together in real time with this software. Users can also set up automated alerts that let them know when certain things happen.
Oracle BI
Oracle BI is a piece of software that helps businesses collect, analyze, and present data in a way that makes sense. It is one of the most comprehensive business intelligence tools because it has a lot of features.
Oracle BI’s ability to connect to a wide range of data sources, such as databases, spreadsheets, and cloud-based apps, is one of its best features. The software’s advanced data integration features let users combine data from different sources into a single view, which makes it easier to understand and learn from.
Oracle BI also has a number of ways to show data, such as charts, graphs, and maps that you can interact with. Users can make their own dashboards that give a quick look at key performance indicators and are easy to share with other people in the organization.
Oracle BI is also important because it can do advanced analytics. The software has a variety of tools for predictive analytics and data mining that let users find patterns and trends in their data and make predictions about what will happen in the future.
Oracle BI also has features for collaboration, so users can share dashboards and reports with each other and work together in real time. Users can also set up automated alerts that let them know when certain things happen.
Conclusion
Business Intelligence tools can analyze and turn business data into formats like reports and dashboards that are easy to understand and present. Business Performance Management adds actionable insights to this, so a combination of the two is the best solution.
You can use business intelligence reporting tools for a number of reasons, including, but not limited to, learning more about how customers behave, turning data into actionable information, improving efficiency, increasing sales through better marketing intelligence, and a number of other business growth-related goals.
