Business Intelligence Products

Business intelligence involves the usage of information technology to automate decision-making processes. Once business data are captured, it is analyzed, interpreted, presented, and used for making critical decisions regarding the future path of any business enterprise.

With the growing demand for Business Intelligence solutions in the modern business environment, there is a great interest in BI-related products and solutions from various IT companies, consultants, and software providers. To provide a complete picture of what’s currently happening in the market, I find it is helpful to keep an eye on the most popular Business Intelligence products.

TechnologyAdvice Guide to Business Intelligence Software

Updated: November 14, 2021

We’ve researched the best business intelligence software according to user popularity and major features. Compare the best BI software in the chart below, and read on to learn more about how these analytics platforms can improve your business outcomes. For a custom set of recommendations of the best BI software for your company, try our Product Selection Tool at the top of the page.

  • ProductSAP BusinessObjects
    • TA Rating4/5
    • Data AnalyticsYes
    • Natural Language ProcessingNo
    • Real-Time ReportingNo
    • Embedded AnalyticsYes

What is business intelligence software?

Business intelligence (BI) software is a set of tools used by companies to retrieve, analyze, and transform data into useful business insights, usually within easy-to-read visualization like charts, graphs, and dashboards. Examples of business intelligence tools include data visualization, data warehouses, interactive dashboards, and reporting tools. In contrast to competitive intelligence that analyzes data from outside sources, a BI application pulls internal data that the business produces into an analytics platform for deep insights into how different parts of the business affect one another.

As big data—the tendency for companies to collect, store, and mine their business data—has gained in prominence, so has the popularity of BI software. Companies generate, track, and compile business data at a scale never before seen. And the ability to integrate cloud software directly with proprietary systems has further driven the need to combine multiple data sources and take advantage of data preparation tools. But all this data is nothing if we can’t make sense of it and use it to improve business outcomes.

To make informed choices, businesses need to base their decisions on evidence. The mountains of data that businesses and their customers produce contain evidence of purchasing patterns and market trends. By aggregating, standardizing, and analyzing that data, businesses can better understand their customers, better forecast revenue growth, and better protect themselves against business pitfalls.

Business intelligence has traditionally taken the form of quarterly or yearly reports that report on a defined set of key performance indicators (KPIs), but today’s software-backed business intelligence tools work continuously and at light speed. These insights can help a company choose a course of action in a matter of minutes.

BI software interprets a sea of quantifiable customer and business actions and returns queries based on patterns in the data. BI comes in many forms and spans many different types of technology. This guide compares the top business intelligence software vendors, breaks down the three major stages data must go through to provide business intelligence, and provides considerations for purchasing BI for different-sized businesses.

Top business intelligence software vendors, by category

BiG EVAL

BiG EVAL

BiG EVAL is a comprehensive suite of software tools aimed at leveraging the value of enterprise data by continuously validating and
monitoring quality. It automates testing tasks during report and analysis development and provides quality metrics in production.

Features:

  • Data Quality Measuring and Assisted Problem Solving.
  • Autopilot testing for agile development of analytical data models, datamarts and data warehouses.
  • High performance in-memory scripting and rules engine.
  • Abstraction for any kind of data (RDBMS, APIs, Flatfiles, Business applications cloud / on-premises).
  • Clear dashboards and alerting processes.
  • Embeddable into DevOps CI/CD flows, ticket systems and more.

Yellowfin BI:

Yellowfin BI

Yellowfin is a business intelligence platform. It is a single integrated solution developed for companies across varying industries. It also makes it easy to assess, monitor, and understand data.

Features:

  • Access dashboards from anywhere: web page, company intranet, wiki, or mobile device
  • Mapping mobile BI like features helps user to access and monitor business-related data
  • It allows faster, smarter collective decision-making.
  • User’s insights can be made effective through data-rich presentations and interactive reports
  • This BI tool also supports business decision-making process

Download link: https://www.yellowfinbi.com/


Clear Analytics:

Clear Analytics

Clear Analytics is an accurate, timely, and clear business insights system. This business intelligence tool helps to fulfill business needs. This BI tool provides easy extraction of large data from reliable sources and presents it in the form of professional reports.

Features:

  • It provides software solutions that require less human resources
  • Dashboard creation
  • Graphical data presentation
  • Key Performance Indicators
  • Easy Indication of issues
  • Helps to create strategic planning
  • It offers predictive analysis

Download link: https://www.clearanalyticsbi.com/


SAP BUSINESS INTELLIGENCE:

Sap BI

SAP BI is an integrated Business Intelligence software. It is an enterprise-level application for open client/server systems. It has set new standards for providing the best business information management solutions.

Features:

  • It provides highly flexible and most transparent business solutions
  • The application developed using SAP can integrate with any system
  • It follows modular concept for the easy setup and space utilization
  • Allows to create next-generation database system that combines analytics and transactions
  • Provide support for On-premise or cloud deployment
  • Simplified data warehouse architecture
  • Easy Integration with SAP and non-SAP applications

MicroStrategy:

MicroStrategy

MicroStrategy is an enterprise analytics software. It empowers people to make better decisions and transform the way they do business. It offers the most advanced and predictive analytics.

Features:

  • Advanced and predictive analytics
  • Business intelligence
  • Easy to use and maintain
  • High-performance business intelligence
  • Self-service analytics
  • Big data solutions
  • Software as a service (SaaS)
  • Real-time WYSIWYG report design
  • Scorecards and dashboards
  • Enterprise reporting

BOARD:

Board

Board is a Management Intelligence Toolkit. It combines features of business intelligence and corporate performance management. It is designed to deliver business intelligence and business analytics in a single package.

Features:

  • Analyse, simulate, plan and predict using a single platform
  • To build customized analytical and planning applications
  • Board All-In-One combines BI, Corporate Performance Management, and Business analytics
  • It empowers businesses to develop and maintain sophisticated analytical and planning applications
  • Proprietary platform helps to report by accessing multiple data sources

Pentaho:

Pentaho

Pentaho is a Data Warehousing and Business Analytics Platform. It is one of the best Business Intelligence tools that empower business users to access, discover and merge all types and sizes of data.

Features:

  • Enterprise platform to accelerate the data pipeline
  • Community Dashboard Editor allows fast and efficient development and deployment
  • Big data integration without a need for coding
  • Simplified embedded analytics
  • Visualize data with custom dashboards
  • Operational reporting for mongo dB
  • Platform to accelerate the data pipeline

Jaspersoft:

Jaspersoft

Jaspersoft is an open-source BI tool. It empowers people around the world every day to make better decisions. It provides flexible, cost-effective, and widely-deployed business intelligence solutions. It enables better decision-making through highly interactive Web-based reports, dashboards, and analysis.

Features:

  • It offers reporting, data visualization, and data integration
  • It can be integrated into any mobile app so that users can access data from anywhere
  • It provides support for decision-making process through key performance indicators and problem Indicators
  • Available as SaaS, On-premise and cloud platform

QlikView:

QlikView

Qlik allows creating visualizations, dashboards, and apps. It is one of the best BI reporting tools which allows seeing the entire story that lives within data.

Features:

  • Simple drag-and-drop interfaces to create flexible, interactive data visualizations
  • Use natural search to navigate complex information
  • Instantly respond to interactions and changes
  • Supports multiple data sources and file types
  • It allows easy security for data and content across all devices
  • It shares relevant analyses, including apps and stories using centralized hub

BIRT:

BIRT

BIRT is an open-source Business Intelligence and reporting tool. It consists of a visual report designer and a runtime component for the Java environment.

Features:

  • All your data in a single view
  • Analyze billions of records in seconds
  • No complex data modeling
  • Clean and enrich your data
  • Best practices analytical techniques
  • No need to write code
  • Easy to use visuals
  • User autonomy and self-sufficiency

IBM Cognos Analytics

IBM Cognos Analytics

IBM Cognos Analytics, an interactive business intelligence tool. It allows sharing data-driven insights in a governed environment. It is one of the best Business Intelligence reporting tools that creates compelling reports and dashboards.

Feature:

  • Cognos is a web-based proprietary integrated BI suite developed by IBM
  • Helps organizations to get insights effectively and provides toolset for reporting, analyzing data
  • Allows to create own dashboard and access information from anywhere
  • It offers cloud support and complete governance of data to generate online and offline reports
  • Accurate and safe reporting
  • Cross-department predictive analyses
  • Intent-based process modeling

Dundas BI:

Dundas BI

Dundas is an enterprise-ready Business Intelligence platform. It is used for building and viewing interactive dashboards, reports, scorecards, and more. It is possible to deploy Dundas BI as the central data portal for the organization or integrate it into an existing website as a custom BI solution.

Features:

  • Easy access through web browser
  • Allows to use sample or Excel data
  • Server application with full product functionality
  • Integrate and access all kind of data sources
  • Ad hoc reporting tools
  • Customizable data visualizations
  • Smart drag and drop tools
  • Visualize data through maps
  • Predictive and advanced data analytics

Style Intelligence:

Style Intelligence

Style Intelligence is a data intelligence platform. It is powerful data mashup software that allows fast and flexible transformation of data from disparate sources.

Features:

  • It allows accessing structured databases and semi-structured sources, on-premise applications
  • Helps to create streamlined apps for data consumption and updating
  • Offer customized and secure levels of data exploration and reporting to cloud application users
  • Scale up for large data sets of users using Inbuilt Spark platform
  • Generate paginated reports with embedded business logic and parameterization

Birst:

Birst

First is a web-based networked BI and analytics solution. It connects insights from various teams and helps in making informed decisions. It allows decentralized users to augment the enterprise data model. It also offers a unified semantic layer to maintain definitions and key metrics.

Features:

  • Enable Data as a Service
  • Everyone is Cloud-Connected
  • Helps end users to access and blend their data with IT-owned data
  • Rapidly refine enterprise data
  • Create trusted, governed user data
  • Create corporate wide metrics
  • Create top-down Virtual BI instances
  • Blend corporate and local data
  • It supports individual agility, transparently governed working with trusted corporate and departmental data

Netlink:

Netlink

The Netlink Analytics Platform is leading-edge advanced analytics and cloud-based platform. It can be used as Software-as-a-Service or Platform-as-a-Service. It is available with Private or Public Cloud options. It offers best-in-class data visualizations to provide a single point of enterprise truth.

Features:

  • Quick customization and visualization of dashboards across all major mobile devices
  • Powerful and quick ecosystem connectors
  • Analytics feedback to existing enterprise systems
  • Embedded domain and statistical knowledge via SMEs
  • Embedded Big Data and end user collaboration
  • Agility and unlimited scalability
  • Data scientists mine and deliver the insights that are not visible in operational reports and dashboards

Conclusion

Business Intelligence is the science of extracting knowledge from data and is commonly used in software applications, especially within the business world. However, it is used for many things other than just running businesses, including applications for biology, telecommunication companies, traffic control, security services, or even just personal information. Anywhere there exists large amounts of data to be organized and refined into valuable information is a good candidate for an application of BI.

Leave a Comment

Your email address will not be published. Required fields are marked *