In cases where a company needs to make a decision, companies need to have a basis for their decision. With the business analytics software, businesses can analyze their company data for company leaders to make well-informed decisions. Here are some of the best business analytics software available right now.
24+ Business Analytics Software
1. Hotjar
2. Netvibes
3. Zabbix
4. Geckoboard
5. Klipfolio
6. Crazy Egg
7. App Annie
8. Smartlook
9. Typeform
10. Import.Io
11. MapBox
12. SmartView
13. Mouseflow
14. Wufoo
15. Ahrefs
16. UXCam
17. UserReport
18. BrightEdge
19. Inspectlet
20. StyleCop
21. Logentries
22. Collibra
23. Vensim
24. ESpatial
25. Opera Dragonfly
What Is Business Analytics Software?
Business analytics software is data analytics software that helps businesses analyze their company data. Through the business intelligence tools of the software, companies can visualize and contextualize their company data to better understand the information that can help enhance their company’s knowledge resources.
Benefits
Business analytics software allows companies to visualize their company data which can lead to a greater understanding of the company over its data that can enhance the company’s knowledge and information process. The business analytics tool of the software also allows companies to connect all of their data sources and streamline them into a singular platform for an easier cross-department connection on data processing. The businesses intelligence software also helps companies to encourage companies to drive their decisions based on their data which may lead to the optimization of their business operations. The BI tools for reporting within the software can also help companies to discover new data that can also help improve their decision-making process. While the business analytics software brings benefits for the company, companies must implement this software to ensure a better understanding of their data.
Features
Business analytics software should provide a comprehensive dashboard containing all of the relevant data metrics and statics on a singular view of the dashboard. The analytic programs should also contain self-service data tools that allow users to store their data easily without the assistance of the company’s IT employees. The business intelligence products should also contain data visualization tools that let users visualize their data for enhanced context to help companies interpret their data easily through the use of charts, graphs, and other graphics. Business intelligence programs should also contain collaboration tools that encourage employees to collaborate over tasks related to managing company data. The software should also contain security software capabilities that ensure that company data are kept securely. The software should also be able to extract other data from its operational database and transform them into the main database warehouse of the company software. The software should also be able to contain advanced data analytics software tools that allow companies to extensively analyze their data for a better understanding of the company over their data.
- Comprehensive, single-view dashboard
- Self-service data tools
- Data visualization tools
- Collaboration tools
- Security capabilities
- Advanced and extensive data analytics tools
Top 10 Business Analytics Software
1. Inspectlet
Inspectlet is powered by Google Analytics that helps companies provide what their customers want based on available Google data. Inspectlet has around 25 employees and earns a revenue of $5 million.
2. Collibra
Collibra assures that their company data is secure and helps them analyze them with its data intelligence cloud software. Collibra has 786 employees and earns annual revenue of $114 million.
3. App Annie
App Annie helps companies analyze their mobile market data with its mobile performance standard software. App Annie has 667 employees and earns annual revenue of $98.2 million.
4. Hotjar
Hotjar allows companies to better understand their customers with its web analytics software that helps them analyze their traffic data. Hotjar has 113 employees and earns annual revenue of $16.4 million.
5. Klipfolio
Klipfolio helps companies to create a custom dashboard containing all the company data that is needed for their company. Klipfolio has 88 employees and earns annual revenue of $12.8 million.
6. Import.Io
Import.Io provides mission-critical web data software that allows companies to collect web data easily. Import.Io has 90 employees and earns annual revenue of $7 million.
7. Geckoboard
Geckoboard helps companies to keep track of all company data that is easy to view in a simple dashboard that contains data metrics, KPIs, and other key data. Geckoboard has 45 employees and earns annual revenue of $6.5 million.
8. Smartlook
Smartlook enables businesses to analyze their customers’ behavior in websites and mobile apps that helps them find useful information for their business operations. Smartlook has 38 employees and earns annual revenue of $5.5 million.
9. UserReport
UserReport provides user engagement software that collects customers’ responses for companies to improve their products effectively. UserReport has around 25 employees and earns a revenue of $5 million.
10. Logentries
Logentries provides companies the fastest way to analyze business data that is easy to set up and straight to the point with its live log management and analytics software. Logentries has 16 employees and earns annual revenue of $2.3 million.
FAQ
What companies should keep in mind when using business analytics software?
Companies should keep in mind that business analytics software contains self-service features where using the software is easy. Through the user-friendly capabilities of the software, users can understand and perform tasks on the business analytics software easily and in an effective manner. Companies should also keep in mind that the business analytics software can integrate with multiple data sources which can help provide more analytical data for users of the software.
What trends should companies be aware of when using business analytics software?
Companies that use business analytics software as part of their operations should be aware that machine learning software and artificial intelligence software are on their way to becoming standard features of the software as they can process high amounts of data information and provide accurate reports as a result. Companies should also be aware that the business analytics software has provided constant changes to the software’s visualization data capabilities that allow users to present such data with a compelling narrative to engage with their partners and stakeholders.
How much does business analytics software cost?
Pricing for business analytics software for the service industry can range from free to $20,000 per year or more, with custom pricing available for some software. Pricing for business analytics software for the service industry varies depending on the features available and the intended companies. Small companies may benefit from low-cost business analytics software while large companies may benefit from high-cost business analytics software.
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