We now live in a world where data plays a significant role in the success of businesses across many sectors worldwide, and with large amounts of data available to many organizations, technology has made it possible to easily collect and analyze data to deliver actionable information using technology-driven tools.
In this article, I will talk about the top 10 business intelligence tools, but first, let’s understand what business intelligence is all about.
What is business intelligence (BI)?
Business intelligence (BI) refers to the technology used by businesses to gain an understanding of how they are performing in various areas such as the market, share growth, or customer satisfaction levels through the collection, storage, and analysis of historical data from various sources, which enables organizations to make insightful decisions that will advance their business.
What are business intelligence tools?
Business intelligence tools are a set of analytical tools that allow organizations to understand and make sense of their business data. It is used by companies to gain insight into their operations and make better decisions faster, which can ultimately result in higher productivity and profitability.
Benefits of Using Business Intelligence Tools
The most obvious benefit of BI is that it allows companies to gain improved visibility into their operations, which improves decision-making capabilities. This type of reporting gives you the ability to see how your business is operating in real-time, which can help you improve processes and increase revenue streams.
It provides actionable insights for decision-making.
For example, if there’s an issue with one part of your operation, you can use BI tools to find out why it’s happening so that you can address it quickly before it becomes more problematic or even catastrophic.
provides information for business
Business intelligence tools can provide you with a wealth of information that helps your business run more efficiently.
It allows organizations to analyze their data in order to determine trends over time, which makes them more likely to spot unexpected problems before they occur so that they can be fixed before they become too large or costly.
Top Ten Business Intelligence Tools
Power BI Desktop
Power BI Desktop gives you a free desktop application for quickly creating and sharing reports with your team or clients. You can build reports using either Excel or Power BI Designer by connecting to your existing datasets or adding new ones from SQL Server or other sources like Amazon Redshift or Google BigQuery. You can also share these reports directly with others via email, SMS text messages, Slack notifications, Facebook groups, or Twitter accounts (if they have access).
Qlik Sense is an analytics tool that helps businesses make sense of their data and make better decisions based on it so that they can increase their profits and reduce costs at the same time! The free version lets users import data from multiple sources, including Microsoft Access databases, text files, etc., while paid versions offer additional features such as advanced analytics tools like predictive modeling and real-time reporting capabilities, etc.
Tableau is an easy-to-use tool that allows you to create beautiful visualizations of your data. It’s ideal for those who want to see their information in an easy-to-understand format, and it is especially beneficial for those who are new to data analysis or data visualization. The software enables users to create their own charts and graphs with just a few clicks of a button, which makes it easy for anyone to use.
Sisense is a business intelligence tool. It provides tools and services for organizations to collect, manage, analyze, and share data. Sisense has many features that allow you to create reports and dashboards from any source. The software allows you to quickly access data from multiple sources in one place using a drag-and-drop interface. You can also find helpful functions such as text mining, predictive analytics, social listening, and fraud detection in this application.
Dundas BI is a business intelligence tool that helps businesses gather, analyze, and visualise data to make better decisions. It’s built on the idea that data should be available whenever and wherever you need it, so you can make informed decisions about your business. This tool can be used by small businesses, mid-sized businesses, and large corporations. The software includes tools that allow users to utilize the tool’s functionality across a variety of platforms, including Microsoft Excel, Microsoft Access, and Microsoft SQL Server.
Qlik is a tool that combines data analysis and visualization to help businesses make informed decisions. It provides insight into data without requiring the users to have specialized knowledge of the underlying database. Qlik makes sense of large volumes of unstructured data in various formats and helps businesses gain a competitive advantage by gaining a deeper understanding of their customers, markets, competitors, and other relevant information.
Oracle BI (business intelligence) is a suite of tools that help businesses make sense of their data, improve their business processes, and communicate with existing customers.
Looker is an online database that helps you analyze, visualize, and interpret data. It’s also a self-service tool that allows anyone to build their own database and use it to see what the data looks like or how it can be used for analysis. Looker was designed for businesses of all sizes, from those with only a few transactions per month to those who want to build a database for their entire business.
Birst is a business intelligence tool that helps companies track and analyze data in real time. It can be used for anything from tracking sales trends to tracking customer service issues. This tool is designed to be easy to use, which makes it ideal for analysts who need to keep up with a lot of information. It also provides an easy way to share information with others, which makes it great for teams that need to collaborate on projects.