Which are the best Business Intelligence Solutions?

Companies today, small, medium, and large are using business intelligence solutions in their businesses to make effective data-driven decisions. Large companies are bombarded with information overload, and through the tools provided by business intelligence solution company they can control, understand, analyze their data. 

Business intelligence solutions are essential because they help managers and business owners make smart decisions and meet their sales and marketing targets. The tools provide a means of interacting with their customers giving them a deeper understanding of their client’s needs and fulfilling them effectively. Business intelligence solutions enhance data security. They also help eliminate the time-consuming task of compiling data manually, thus, saving time. 

When choosing a company that provides you with business intelligence services in India, you have to pay attention to data modeling, data visualization, reporting, support, big data integration, deployment environment, and native security. 

If you are looking to improve productivity in your company and save time when going through vast piles of data, adopts any of the top 10 business intelligence solutions discussed below.  

1. Birst  

Birst provides its users with a cloud-based analytics solution that helps them discover insights without the use of analytical input. It allows users to pinpoint patterns and understand their company’s key performance indicators. 

The Birst tool features an automated data refinement that merges data from multiple sources into one user-ready data. It also allows real-time access to data. Birst also has an adaptive UX, interactive dashboards, multi-tenant cloud architecture, machine learning, and one-click data connectivity. It also has a mobile application for androids and iOS through which users can access their reports and dashboards. 

Cons 

Not suitable for complex analysis, does not support non-English languages, and lacks timely support.  

1. Board  

Board is a data discovery platform that is used by small, medium, and large companies. It provides users with business intelligence, business analytics, and enterprise performance management under a single platform. Board has customizable and interactive dashboards that enable the users to see a complete overview of their business. They can also analyze their business's KPIs to asses their performance objectives. 

Board features an in-memory technology known as Hybrid Bitwise Memory Pattern that offers the high-performance capability to read and write, quick data visualizations, simulations that and planning processes. It allows users to export data in several useful formats such as HTML and CSV. Board is multilingual such that it provides different languages. 

Cons  

• It is only operable with windows 
• It is extremely configurable 
• It takes a lot of time to set up the security profiles 
• It involves in-depth learning; thus, not easy to use   

1. Dundas BI Software  

Dunda BI is a product od Dunda Data Visualization. It allows the users to gather data from multiple sources and then generate interactive dashboards, customize their visualizations, and build reports in the form of charts and graphs. These charts and graphs enable them to identify and predict pattern trends in their organizations. This allows users to make informed decisions and implement best practices in their business. 

With the use of the Dundas BI interface, users can easily create a wide range of reports such as automated or customized, and the recycle bin features make it easy to restore documents once deleted. 

Dundas BI features API support and HTML 5 foundation. 

Cons  

• Does not support 3-D charts 
• In-memory processing requires a larger RAM 
• Does not support text analytics  

1. Sisense  

Small, medium, and large companies can use Sisense. It focuses on data discovery, analysis, and intelligence, and every user can access the data through embeddable, scalable, accessible architecture. Sisense has a back end powered in chip technology that allows users to combine data from multiple sources into a single database. This allows front end users to create visuals, reports, and dashboards. It also enables the sharing of information between the users. 

Sisense features In-chip analytics, Prism10X that allows users to analyze data 10 times faster than with any other in-memory solution. The single-stack system enables users to perform a range of tasks on the same platform. Machine learning and integration. 

Cons  

• It does work well with sophisticated and vast data sets. 
• It is not user-friendly 
• Does not support predictive modeling and analysis 
• It does not support 3-D graphics.   

1. QlikView  

QlikView Platform focuses on data discovery and customer insight. The tool is from Qlik, which is a leader in the idea and intelligence space. It is easy to access and offers self-service data that help users make decisions and generate personalized reports and custom dashboards. 

QlikView is affordable and can be used in any business. It designed in a way that can connect to any source of data such as big data streams, cloud data, or file-based data. Its patented in-memory data processing feature processes the data into as little as 10% of its initial size. 

QlikView allows collaboration across a user’s interface such that two people can share the same dashboard. The patented in-memory application enables users to conduct quick searches and eliminates the issue of slow, on-disk applications. 

Cons 

It does not allow users to identify patterns within the data, and users can not predict project profitability. 

1. Looker  

It is a great collaboration tool as it allows users from different departments to pull together data from sales, support, logistics, and e-commerce. It easy to use and permits the sharing of information from one department to another. You do not need to be a tech guru to use Looker. 

Looker provides users with self-service tools, such as filtering, pivoting, and visualizations. Looker’s dashboard gives the user a quick and clear view of insights. 

Looker is not limited to any web browser, and it can also be installed in a mobile device, giving users mobility in collaboration.it also allows real-time updates. 

Looker can be used in the healthcare, financial, technology industry.  

1. Microstrategy  

Microstrategy is used by both small and medium-sized companies. It is a popular business intelligence solution because it is easy to use. Besides, it has scalable and sophisticated analytics functions. 

Microstrategy has unique features that help it stand out, such as social intelligence, app integration, mobile productivity, data discovery, and real-time telemetry. It allows users to combine data from more than 200 sources and then visualize them. 

Microstrategy can be downloaded on the phone, making it easy to read and share data on the go. It is also designed for use by any business size since it can be operated from a desktop, mobile. It offers users of all levels with business intelligence services. Major clients include Merck, AIG, Coca-Cola, and Vibes. 

Cons 

It does not support portal integration, and training modules are costly. It does not point out the issues in the analyzed data. 

1. Zoho Analytics  

Zoho is a self-service BI and data analytics platform. Zoho allows the user to incorporate data from several sources and blend it, to generate reports and dashboards. The BI solution features a drag and drop, eliminating the need to download and upload data. It also has various visualization tools that allow the user to drill down to specifics. It provides machine learning natural language processing. 

Final Thoughts 

Before investing in any of the following business intelligence solutions also consider the following, subscription, maintenance, installation, customization, data migration, and renewal costs. You should also look at the features and choose according to the needs of your business.

Business intelligence tools are leveraged by companies to make effective data-driven decisions. As the majority of businesses are committing themselves to big data, many companies are finding that the sheer volume of available information can be challenging to handle. BI solutions provide an accessible and flexible means for efficient reporting, data analysis, statistics & analytics. Business Intelligence also offers any organization with actionable insights for its expansion, irrespective of the size.

Business intelligence tools can collect, analyze, and convert complex data into understandable reports. These reports give valuable insights to businesses and drive high corporate profits.

1) Zoho Analytics
Zoho Analytics is a self-managing BI and analytics platform that offers a variety of robust tools that are effortlessly accessible, highly configurable, and easily extensible. It allows the user to streamline the aggregation of data from multiple sources. Moreover, it speeds up the generation of reports and simplifies the visualization of data for presentations.

2) Grow
Grow is the most accessible business intelligence (BI) & data visualization software for SMBs. This software can effortlessly track the right metrics and offer good decision-making ability. Being a cloud business intelligence software, Grow allows experienced data analysts to manage their data easily. It also helps in gaining actionable insights from the massive data.

3) Datapine
BI and data visualization solution- Datapine interlinks all your data sources in a centralized location and builds detailed displays. This software helps businesses comprehend their data in a better format. Datapine also provides features like centralized data management, data visualization, data dashboards, drag & drop navigation, and smart alerts.

4) Yellowfin BI
Yellowfin is an analytics platform offering end-to-end business intelligence solutions. It connects critical information from different data sources and gives real-time insights. This tool provides a better understanding of the ongoing processes in the business that supports all sizes of companies.

5) QlickView
QlikView is a robust and easy-to-access BI solution, that automatically generates personalized reports and custom dashboards. It uses associative data indexing to explore complex & large data and discover hidden trends and patterns that can be utilized to make complex businesses easy.

Conclusion:- The options for businesses are increasing on a large scale with an ever-increasing flow of raw data. Although the specific features of the above mentioned BI tools may vary; most of them provide similar benefits. When utilized accurately, these BI tools can be a great help in cost reductions, accessing reliable information, retrieving real-time data, coordinating with different data models, and enhanced insights for better results of the businesses.

Business Intelligence refers to a set of many programmes which figures out data mining, data visualization , infrastructure and data tools and helps organizations to make decisions accordingly.

It helps managers and business owners to make profitable decisions and meet their sales and marketing targets, eliminating manual tasks , and its on-time approach further provides security as well. Business Intelligence is rather an "umbrella" that covers all the different processes which are important to run a successful business. 

The global Business Intelligence market size is set to grow from USD 23.1 billion in 2020 to USD 33.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period. 

54% of enterprises agree that cloud-based BI is vital to both their current and future initiatives. 

These are some of the best Business Intelligence Solutions/Tools :- 

Clear Analytics 

This BI Solution is a consolidated tool for internal systems, cloud, accounting, CRM, and allows you to drag-and-drop that data into Excel. It works with Microsoft Power BI, using Power Query and Power Pivot to clean and model different datasets. It has received 4.5 stars rating on Capterra, which makes it one of the highest rated tools. It connects with Excel and gives you an analytical report rightway, manipulating formulas freely, it is a mobile friendly tool as well which helps you to share insights easily including iWatch. It does a full audit trail to access the details regarding data extraction and location. 

SAP BusinessObjects 

This BI Solution has a well-established place in the market since 1972 and is designed for comprehensive reporting, analysis, and data visualization. They provide integrations with Excel and PowerPoint where you can create presentations. It has cloud SAP systems. It is one of the largest software suppliers in the world, as it has more than 170M users leverage SAP globally. It has received 4.2 stars rating on Capterra. It gives a cross-enterprise sharing feature which enables you to directly coordinate with stakeholders and partners. It provides role-based dashboards, which makes it easy to assess risks. It is fully integrated with MS Office as well. 

Zoho Analytics 

This is one of the best BI tools one must take into consideration. Talking about the popularity, it has more than 500 integrations for your business apps, more than 10,000 customers worldwide. It has received a 4.3 stars rating on Capterra. It gives in-depth analytics with Spreadsheets and Excel. It has a key feature like Geo Visualization that will enable you to analyze the geographical data with interactive map charts across countries, states, regions, and even latitudes and longitudes. Another key feature is their Artificial Intelligent assistant Zia, where you can ask questions in the form of natural language, and you will immediately receive the answer in the form of reports and KPI widgets. 

MicroStrategy 

MicroStrategy is one of the first vendors to present solutions for mobile devices. It has a no-code development framework to provide high quality personalized mobile applications. It recently introduced and improved ‘HyperIntelligence’ to provide operational staff with a ‘zero-click intelligence’. Their motive behind this feature is to provide users with all the information they need directly without using any other search system. It has received a 4.3 stars rating on Capterra. 

HyperIntelligence pulls data as explained, you just have to hover with your mouse, and the software will recognize the relevant data, directly in the website, applications, and devices you use. It has a voice command and mobile deployment feature and Cloud Technology which offers a range of solutions to deliver scalable, secure, flexible and extensible cloud solutions.

Datapine 

This business intelligence solution provides remarkable analytics with in-built predictive features. With your analysis, you can create powerful business dashboards. It helps generate customized reports. It has received an outstanding 4.8 stars rating on Capterra. 

It has a drag-and-drop interface which ensures a visually intuitive way of entering your values and creating powerful charts and dashboards, simply by using effective visual analytics and predictive analysis. It has multiple reporting options and an alarm based artificial Intelligence. 

To summarize, these are some of the best Business Intelligence Solutions. Using these high-tech advancements, one can surely stand out in their business. Consider the best tools in the market suitable for your type of business.