Self-service Business Intelligence Tools For Predictive Analytics – The “Top 10” Buyer’s Guide to the Top 10 Business Intelligence (BI) Tools summarizes the best business intelligence and analytics tools on the market.
A business intelligence (BI) solution is a software tool that unifies data and provides actionable information about a particular company or industry. Business intelligence tools are important because they help companies develop targeted and informed business plans that help drive change, enter new markets, improve customer experience, and drive sales.
Self-service Business Intelligence Tools For Predictive Analytics
Business intelligence software should include data analytics, data mining, tools, infrastructure, data visualization, and other capabilities. The more data a BI tool can input, the greater the accuracy of any insights and knowledge gained. This ensures that it can be used to make a compelling case with C-level executives and is seen as credible.
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Many companies can benefit from implementing a BI solution. As data is collected from internal and external sources, analytics help determine where an organization stands against the crowd. This data can be viewed in reports that can be shared with relevant team members to help them plan and execute strategies. Business intelligence can also be used to reduce workloads and improve processes.
In this article, we’ll explore some of the top ten business intelligence tools on the market today, and in each case, we’ll analyze the specific features of the solution so that your organization can find the right solution for you. We also recommend which solutions are best suited for specific use cases.
Board Dome Data Experience IBM Cognos Analytics Microsoft Power BI Qlik Sense SAP Business Objects BI Suite Sisense Desktop Desktop TIBCO Spotfire Zoho Analytics
Board’s Smart Planning Platform is a business analytics and planning platform that provides powerful analytics, comprehensive dashboards, scorecards and reporting capabilities. It can create KPIs and share reports by linking relevant data to relevant users on and off the web. The platform can collect data from multiple sources including databases, databases, OLAP cubes, flat files, cloud data, CPM, ERP and IoT devices. Data can be easily customized for custom reporting. The solution also provides measurement, profitability analysis and trend indicator capabilities.
Top 12 Bi Tools
One of the standout features of this platform is its predictive capabilities. This means that companies can make targeted decisions based on potential trends and forecasts. The platform provides predictive, simulation, clustering and statistical capabilities for machine learning. The solution has a clean, interactive and intuitive interface that provides excellent support opportunities with onboarding issues. Designed with businesses in mind, the board is robust, powerful and technologically advanced.
Domo is a data and analytics software company. The Domo Data Experience Platform is a complete, cloud-based data and security solution that delivers powerful business intelligence. Other features of the solution include data integration, management and security. The BI side of the platform provides effective reporting though structured dashboards. It can aggregate data from any source. The solution supports businesses with real-time data in dynamic and insightful reports.
The solution platform is exceptionally rich. Administrators can customize dashboards to ensure they are clear and intuitive, as well as data storytelling and collaboration. The platform’s ability to ingest data from multiple sources is further leveraged by machine learning, advanced analytics, and artificial intelligence. Embedded analytics allow you to share data and insights outside of your organization. To make management a little easier, Domo has developed a mobile application that allows managers to monitor and execute changes on the go. We recommend Domo for medium and large businesses because of its power, ease of use, and focus on collaboration.
The IBM Cognos Analytics platform is an intelligent and adaptive business intelligence tool that collects and leverages data to create insightful and accurate data visualizations and advanced forecasts. The platform uses AI to understand your business with peers and predict future trends and opportunities. Evidence is attached to each of these concepts to ensure you have all the facts. The platform uses open APIs that provide the ability to integrate functionality and business intelligence into other applications.
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Despite the solution’s impressive collection of features, its ease of use and functionality make reporting easy and sharing data visualizations efficient. A mobile app is available so users can receive alerts and access data on the go. The platform is straightforward to use and has onboard support from IBM. We recommend this solution to medium and large organizations that are already integrated with the IBM ecosystem.
Industry giant Microsoft is Microsoft Power BI, a highly customizable and intuitive data visualization and business intelligence solution. The platform provides access to data from hundreds of on-premise and cloud-based sources including Salesforce, Azure, Excel and SharePoint. The platform performs automatic and incremental updates to ensure tasks and data are updated and data is never lost. Visual data representations are also different, giving you a different perspective on your data. The tool’s artificial intelligence capabilities require no coding, meaning users of all experiences can derive insights for themselves.
Notable features of the solution include data models and self-service queries in the DAX formula language. Users can apply features such as quick navigation, grouping, forecasting and clustering to their data. Reports can be quickly generated (in a portable format) for users on the go. The platform has a clean and intuitive UI with accurate and powerful data visualization tools. The solution is very accessible, powerful and intuitive. Therefore, we recommend Microsoft Power BI for medium and large businesses.
Qlik Sense offers two products that provide powerful and integrated business intelligence solutions: Qlik Data Collection and Qlik Analytics. Qlik Data Collection can reliably ingest and manage data from multiple sources. The platform then delivers dynamic intelligence to individual analytics solutions. It provides database automation as well as automated integration and transformation processes to continuously update and nurture the data lake. While Qlik Data Integration can work with any analytics tool, it works best with Qlik Analytics.
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Through a hybrid cloud platform, Qlik Analytics provides powerful artificial intelligence, unified dashboards and proactive analytics. The solution generates a variety of insightful images to enable users to understand the data. The platform itself has many integrations through open APIs. It also provides alerts with interactive offline analytics and push notifications. The solution is powerful and comprehensive. We recommend Qlik Sense for Qlik Data Collection and Qlik Analytics for mid- to large-sized organizations that have the resources to have these solutions.
SAP Business Objects BI Suite is a business intelligence and analytics platform that provides intelligence and planning insights. The platform provides real-time business intelligence and self-service data and analytics. From here, users can create their own reports. The platform uses ML and AI, data modeling, dashboards, data visualization, intelligent data discovery, and more. Other features include forecasting and predictive analytics so users can develop insights into future trends. Organizations can also learn how strategic change can influence the direction of a company. Geolocation and location analytics allow users to analyze data for regional and location trends.
Designed for users as much as possible, users can create customized reports and custom analyses. The platform supports offline and mobile capabilities to ensure users have access to smart features regardless of emergency situations. The platform is self-managed, with one dashboard for all reports, notifications, apps and tools. We recommend the enterprise solution because of its scalability, power and advanced capabilities.
Sysnus is a cloud business intelligence and data analyst. Their Fusion Analytics solution provides analytics, rich data modeling and granular policy. The solution operates in cloud or on-premises environments and can be used with single-tenant or multi-tenant architectures. While customization is an option, the platform also offers a number of “out-of-the-box”, industry-specific BI dashboards. It seamlessly integrates with your existing environment and quickly connects to all data externally and internally for faster analysis.
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The user dashboard is clean, intuitive and visually appealing. The solution uses databases and lakes to generate data models using AI. These results are then fed into effective and dynamic dashboards. The solution provides valuable business insights on a variety of topics including customer segmentation, forecasting and attrition. Users can discover new opportunities for growth through statistical and predictive analytics libraries as well as ML. While maintaining an interactive and attractive UI, the platform is robust. In addition to branding capabilities, we recommend Sisense Fusion Analytics to large organizations and MSP customers due to its powerful features.
Tableau is a desktop data visualization software that collects data from your environment to create powerful visualizations and provide real-time data insights. The solution integrates well with your existing environment
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