As an entrepreneur, you must have heard the names of Domo, Microsoft Power BI, and SAP Business Intelligence. All these Business Intelligence (BI) tools are designed to help enterprises understand the market trends and getting insights from the available data. In a way, BI tools assist companies to make strategic business decisions in real-time.
These days, tons of different options are available in business intelligence tools, and you need to find the right tool to achieve the predefined objectives. In other words, before jumping on the BI bandwagon, it is better to understand why your enterprise needs it and how do you get the most suitable tool? Let’s dig deep about these questions from the perspective of an IT consulting company.
Business Intelligence Software-Introduction and Importance
A set of tools built to retrieve, analyze, and transform data into meaningful and actionable insights is called business intelligence software. These tools are useful for data visualization, dashboards, reporting, and data warehousing. BI software can fetch internal data produced by your business processes.
The popularity of BI software is increasing in line with the rise of Big Data in the corporate sector. Companies tend to generate, get, and analyze business data to make informed decisions amid competitive business scenario. The BI software has made data discovery and analysis easy and accessible for all types of companies.
Business intelligence has taken the form of quarterly or yearly reports, but then today’s advanced BI tools work continuously for your business and help you select a course of action in a short time. You can gain insights on growth, resolve critical issues, and predict future trends by using these tools.
Let’s have a look at the top five business intelligent tools that have gained ground with their user-friendliness and unique features. It will help you make the right decision.
Top Five Business Intelligence Tools for 2021 and Beyond
1. SAP Business Intelligence
When it comes to offering advanced analytics solutions, SAP Business Intelligence tops the chart. It offers real-time BI predictive analytics, planning, and machine learning solutions. As a robust software, SAP can perform all roles across various departments like IT and management while offering tons of features in a single platform. A reputed custom application development company can assist you to leverage the benefits of SAP BI software.
It is a product of Qlik company that has built another BI tool QlikView. It is possible to use QlikSense from any device at any time. Its UI is optimized for a touchscreen that makes it more mobile-friendly. It has a unique feature- Storytelling. The software users can add their experience to the data and make the right decisions in real-time by using snapshots and highlights provided by the tool.
3. Zoho Analytics
In-depth reporting, automatic data sync, and analysis are a few of the key features of this tool. You can schedule the data sync periodically and build a connector with the help of the integration APIs. The tool can easily blend and merge data from various sources to create meaningful reports. Zoho Analytics comes with a built-in editor that assists you to create personalized reports. It has an interactive dashboard that enables you to zoom into the necessary information.
4. Microsoft Power BI
This web-based business analytics tool is specifically built for data visualization. Powered by Microsoft, it enables users to identify all the trends in real-time. It has brand-new connectors that enable users to make the most of online campaigns. Like other BI tools, Microsoft Power BI can also be accessed from anywhere because it is a web-based platform. A reliable offshore software development company can build an app to integrate into the software for getting an optimized outcome.
It is an all-in-one BI platform that facilitates non-technical users to gain from a complex data analytics process. The tool follows a comprehensive self-service analytics approach. Data analysts and business users can readily integrate different sources of data. Datapine performs advanced data analysis and generates actionable insights that users can see on interactive business dashboards. What makes this tool apart from its peers is its simplicity and user-friendliness. The tool can connect, interact, and communicate easily with your data.
Choosing the right business intelligence software for your business can be a daunting task. We hope that this overview of business intelligence tools with their functions will certainly save your time and effort. If you have still doubts, you can contact a reputed IT solutions provider who can explain everything about BI tools and assist you to select the right tool for your company.
Silver Touch Technologies is a leading custom software development company. We offer end-to-end services in the domains of enterprise software development, digital transformation, governance, Robotic Process Automation (RPA), and strategic outsourcing. We have a dedicated and state-of-the-art offshore development center to serve our corporate clientele globally. We integrate technological advancements to build robust and reliable IT solutions.
Do you want to know more about our services or want to build a robust Business Intelligence (BI) tool for your company? Simply drop us a line at email@example.com with your requirements, and we will get back to you soon.