Business Intelligence is a comparatively new domain that is booming and becoming a ‘must-have’ entity to many companies around the globe. A Business Intelligence tool can perform many salient tasks ranging from providing tactical information for actions that drive the profitability of a company to develop decision-making actions. A particular BI tool must be chosen by comparing various specs and features that are perfect for the business prospects and market needs to achieve profitability. Companies are now in search of faster yet comprehensive solutions to transform the older techniques of profitable decision-making. The BI tools mentioned here do so by transforming the raw data into meaningful and intelligent actions.
Top 7 Business Intelligence Tools
Sisense is the ultimate software tool with the best features and aesthetics in the market. The inculcation of mobile BI into the regime has enabled it to become one of the top-rated BI products available today. Sisense has been continuously lauded for its good customer support as well. Another great feature of this product is its ability to handle large datasets. It comes with a well-designed dashboard as well as widget components, which caters to a user-friendly design that is quite easy to use especially for beginners.
Some of the powerful features like automated maintenance, multi-dimensional data support, etc. are what make MicroStrategy one of the best-known BI tools available today. The MicroStrategy Business Intelligence software can be customized as per the needs of its users to monitor trends and improve revenues. The ROLAP operations of MicroStrategy BI are the one feature that makes the cut responsible for its popularity.
3. Tableau BI
Tableau BI is one of the most used BI tools of all time. The major advantage of using Tableau BI is the ways in which different sources of data can be connected with the software for visualizations as well as prediction tasks. Many large-scale enterprise and service-based organizations like Walmart Accenture and Lenovo use Tableau BI for visualizations. It is fast and the users can take the help of the easy-to-use dashboards and worksheets to gain insights into the data.
The SAP Bi workbench is one of its kind. It can perform analysis processing from multiple data sources in multiple formats. The SAP providers have set up training modules as well as online teaching courses to teach the users of SAP BI tools. The SAP Bi and analytics platform can also be automated as per the need of the business model. It is a pretty flexible and at the same time scalable tool that can help in decision making and transformation of deeper insights into the data. One of the major features is that it can be accessed via multiple work platforms.
Microsoft has developed one of the best Business Intelligence tools with the introduction of Power BI. From data set transformation to the visualization of data, everything is possible with Power BI. Some key identifiable features of Microsoft Power BI are Artificial Intelligence incorporation into data analytics, Hybrid Deployment support, Quick Insights, Cortana Integration, Customisation, Integration APIs with code, and so on.
IBM Cognos is a phenomenal tool considered for small as well as large businesses. The recent launch of the mobile version of the IBM Cognos Analytics platform has made its availability more approachable and on the go. This comes as a piece of good news as it can now be accessed with the help of mobile computing devices such as tablets and smartphones. Some of the most prominent features include data governance, security management, and cognitive guidance.
7. Oracle BI
Oracle BI is particularly designed for small to medium-sized companies. Some of the most prominent features include faster insights and decision-based mechanisms, an integrated way of reporting, and analysis of reports. It is the top-of-the-line tool for comprehensive data discovery. The users can connect to Oracle databases and sources to incorporate Big Data functionality into the analytics solution. It is user-friendly and provides a rich set of mechanisms with the edge of Oracle applications along with others.
Final Words on BI Tools
These tools help companies get quick solutions to gather insights necessary for the high profitability and manageability of the company. Many companies have started relying on these tools and technologies for the decision-making process to obtain profitable actions. So the future of Business Intelligence Tools totally seems bright for the upcoming years.