Business Intelligence tools are application software tools which collect and process large amounts of unstructured data from internal and external systems (including books, journals, documents, health records, images, files, email, video, and other reliable business sources) for effective decision making. BI tools are used to identify customer behavior, improve visibility and efficiency of a business. These tools also help prepare data for analysis, for users to create reports, dashboards, and data visualization. The results give both employees and managers the power to accelerate and improve decision making, increase operational efficiency, pinpoint new revenue potentials, identify market trends, report genuine KPIs and identify new business opportunities.
DigitalVidya, a data analytics blog curated the following list with the best business intelligence tools in the market.
Having won the FinanceOnline Best Business Intelligence Software Award in 2016, Sisense is ranked as one of the top best tools in the market. It is known for its remarkable capability to organize data and information from multiple sources and its easy usability. This business intelligence tool uses ElastiCube technology to large sets of data and work with any CPU layout without compromising the quality of your results.
Known for its single-click rapid reporting, Tableau makes the list as one of the best tools. It is a free proprietary, easy-to-use BI system that supports Data Exploration and Data Visualization with in-memory architecture. This business intelligence tool helps businesses connect, visualize, and share data through PC or iPad.
Domo, counted among the most commonly used Business Intelligence tools, is a cloud-based system. The best thing it does is to bring together the people, the data, and the business insights business users need to deliver a detailed view of what is happening in the organization. Domo achieves this by enabling decision makers to view data in real time, all from a singular dashboard. It has a visually pleasant interface, dashboard widgets, and displays, which are complemented by very useful spark lines and trend indicators.
Looker, one of the top-rated Business Intelligence tools, is a data-discovery platform that helps companies make better business decisions through real-time access to data. Its 100% in-database and 100% browser-based platform analyzes data of any size or form. Looker analytics integrate with any SQL database or data warehouses, such as Amazon Redshift and Greenplum.
Chartio, one of the highly ranked Business Intelligence tools, helps businesses all over to analyze and track their critical business data. Focused on creating an interface for data, the BI tool helps businesses make informed decisions through real-time and intuitive business analytics. Customers can connect their databases to Chartio, to visualize their business data in real-time, bypassing the need for secure data warehousing and at the same time avoiding its security pitfalls.
- Qlik Sense
Qlik Sense, makes it to the top Business Intelligence tools list, by its robust and flexible nature. Qlik Sense automatically generates personalized reports and custom dashboards. The BI platform allows users to explore massive data and come up with business insights that help in decision making.