Business analytics operations involve multiple processes that require accurate and flawless management. Traditional methods provide unreliable and unsatisfying results. As a result, you will need business intelligence software to improve ideas and boost operations, saving time and money. You can continue reading below to learn more about this software and see our recommendations.
10+ Best Business Intelligence Software
1. Tableau
2. Sisense
3. Datapine
4. Qlik Sense
5. TIBCO Spotfire
6. Yellowfin
7. Panintelligence
8. Panorama Necto
9. QlikView
10. Oracle Analytics Cloud
11. Analance by Ducen
What is Business Intelligence Software?
Business intelligence software is a technological tool with multiple advanced features and functionalities. It helps you have ease and less stress daily operations because it delivers convenient and cost-effective methods. As you know, manually managing and evaluating data takes too much time and effort. Business intelligence software enables cloud file storage, accurate data analytics, artificial intelligence, cloud solutions, etc., ensuring you get what you need and accomplish what needs to be done. With this software, you can improve business analytics.
Benefits
Business intelligence software has the tools you need to acquire, analyze, forecast, and plan. Aside from that, it enables several solutions to boost processes and performance, which is best to meet your daily targets effectively and efficiently. This software helps you enhance risk management, security, data management, etc. As you can see, it is advantageous.
Features
There are plenty of fish in the sea, but are they the same? Do they give similar qualities and performance? No, they do not. This situation is the same as choosing the best software for your company. Software is innovative and all, but you cannot guarantee its quality and capabilities unless you test them. It is advisable to research the software’s capabilities to determine whether it is worthwhile to buy. Luckily, you can read from software reviews or try free trials and versions. Below are features you might need:
- Access Controls/Permissions
- Business Dashboard
- Application Development
- Benchmarking
- Collaboration Tools
- Interactive Reports
- Cyber and Data Security
Top 10 Business Intelligence Software
1. Oracle Analytics Cloud
Oracle Analytics Cloud embedded machine learning and natural language processing technologies help enterprises boost productivity and foster an analytics-driven culture. Oracle has annual revenue of $41.4 billion and 224,312 employees.
2. Tableau
Tableau from Salesforce includes AB testing, benchmarking, ad hoc reporting, strategic planning, and more advanced features. Salesforce has annual revenue of $25 billion and 68,096 employees.
3. TIBCO Spotfire
TIBCO Spotfire includes dashboard creation, data discovery, key performance indicators, real-time analytics, and more helpful features. TIBCO has annual revenue of $971.8 million and 4787 employees.
4. Qlik Sense
Qlik Sense includes ad hoc query, application development, data blending, financial management, and more innovative features. Qlik has annual revenue of $418.8 million and 2,888 employees.
5. QlikView
QlikView includes data integration, data management, dashboards, visualization, augmented analytics, etc. Qlik has annual revenue of $418.8 million and 2888 employees.
6. Sisense
Sisense includes data blending, multi-language, predictive analytics, performance metrics, and more valuable features. Sisense has annual revenue of $167.4 million and 836 employees.
7. Yellowfin
Yellowfin is the only analytics suite that combines actionable dashboards with industry-leading automated analysis and data storytelling. Yellowfin has annual revenue of $20.3 million and 140 employees.
8. Panorama Necto
Panorama Necto includes benchmarking, data visualization, real-time analytics, customizable reports, and more logical features. Panorama Software has annual revenue of $17.5 million and 121 employees.
9. Panintelligence
Panintelligence includes profitability analysis, visual analytics, performance metrics, ad hoc reporting, and more contributive features. Paninteligence has annual revenue of $7 million and 48 employees.
10. Datapine
Managers and data analysts can use datapine to explore, visualize, analyze, and exchange data in a centralized analytics platform. Datapine has annual revenue of $3 million and 21 employees.
FAQs
What is business analytics?
As we all know, most companies nowadays use digital approaches to improve overall business performance. Business analytics is the set of data you acquire from various business systems you use as insights to enhance business decisions. Business analytics helps companies know the trend and adapt to them to keep up with the demand.
How does software affect the business industry?
Software plays a critical role in the business industry. The business industry use software to enhance overall business performance. The software enables advanced solutions that aid firms in tracking weaknesses and generating action plans to improve business-critical factors continuously. The software works nonstop; it allows automation and streamlined processes, enhancing operational speed and quality.
What is data management?
Data management is organizing and evaluating data to turn it into insights and plans. Data management is a critical activity as poor data usage leads to nowhere. Using the potential of acquired data helps you obtain ideas and improve forecasting, resulting in better decision-making processes. That way, you can guarantee success.
Operating business analytics processes involve massive data. Data you need to fathom various business systems and generate action plans. Managing massive data requires advanced solutions such as business intelligence software to ensure you use the data’s potential. It helps you organize, analyze, and manage them, leading you to see the bigger picture of your business analytics.
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