Business Intelligence (BI) refers to turning data into insights that can help inform decision-making. BI tools allow businesses to collect, store, and analyze data from various sources, including transaction data, social media data, and market data. BI tools can also help businesses identify trends and patterns, track performance, and predict future events.
A wide range of BI tools are available on the market, and the right tool for a particular business will depend on the business’s specific needs. However, the most popular BI tools include Tableau, Microsoft Power BI, Qlik Sense, MagentaBi, and Looker. In general, these tools offer a good balance of features and prices and are suitable for businesses of all sizes.
Choosing the right BI tool can be a complex decision, but it is an important one that can have a big impact on the success of a business. They can help in the proper organization to help get comprehensive reports, maps, charts, and even dashboards.
Many business intelligence tools are available to help get fast and accurate data analysis. Here we have listed the best 31 business intelligence tools to get in 2023.
Best 31 Business Intelligence Tools for 2023
Business intelligence and Sales Intelligence are something new to the market, and it is one of the most important factors these days that determine the growth of a business. It deals with different processes and technologies and transforms raw data into identifying trends and patterns. With the help of a business intelligence tool, one can easily convert a huge pile of data into small identifiable formats.
Businesses should remember that features are not the only thing to consider when choosing a BI tool. It is also important to consider factors such as ease of use, scalability, integration capabilities, and support options.
1. Microsoft Power BI
Microsoft Power BI is one of the most widely used business intelligence tools. According to recent data, more than 5 million people use this amazing business intelligence tool to customize their businesses efficiently. It can help in providing excellent data visualization. One crucial component of the software is the Power BI Report Builder, which allows users to create detailed, paginated reports. By understanding what is Power BI report builder, users can leverage its capabilities to generate print-ready reports from their data sets and visualizations.
Some key features of Power BI
- Range of Attractive Visualizations
- Get Data (Data Source)
- Datasets Filtration
- Customizable Dashboards
- Stream analytics in real-time
2. Tableau
It is a leading business analytics tool. It is suited for both business and academic usage. The platform’s analysis tool and data modulation are great and can be used to organize reports better.
Some key features of Tableau
- Quickly gain key business insights
- Bring R, Python, Einstein Discovery, and more
- Dynamically show and hide dashboard zones
- Seamlessly share and set
- Scale Backgrounders to meet needs
- Ask for Data phrase recommendations
- Easily enable or disable Collections
- Organize folders and hierarchies in a breeze
3. MagentaBi
The MagentaBi is a business intelligence tool that can analyze even sales, inventory, and the purchase of a business. There are special key performance indicators available with the tool. The tool transforms boring and hectic data into more interactive presentations.
Some key features of MagentaBi
- 2-Factor Authentication
- A/B Testing
- Analytics
- Big Data
- Calendar Management
- Data Mining
- Data Visualization
- Forecasting
4. Qlik Sense
This business intelligence tool can be used to create visualization charts and even analytics apps for a business. There are many attractive and colorful data options with the platform.
Some key features of Qlik Sense
- Associative Model
- Smart Visualizations and Analytics
- Self-Service Creation
- Centralized Sharing and Collaboration
- Data Preparation and Integration
- Enterprise Governance and Scalability
5. eazyBI
The eazyBI tool gives excellent custom reports and dashboards for the data. It also has some of the most advanced features, which can help in powerful calculations within seconds.
Some key features of eazyBI
- Interactive data analysis
- Attractive visualization
- The powerful calculation for Advanced users
- Personalize dashboards and reports
- Different interactive chart types
6. SAP Business Objects BI Suite
With a drag-and-drop interface, the platform is one of the easiest-to-use platforms. It also allows users to upload different files, such as Excel easily. However, this business intelligence tool is not suited for small businesses, making it a huge platform to work on.
Some key features of SAP Business Objects BI Suite
- Cross-enterprise sharing
- Role-based dashboards
- Real-time analytics
- Large-scale data analysis
- Embedded analytics in Microsoft PowerPoint
7. Sisense
Sisense is a very user-friendly business intelligence tool that is quite easy to use. It has fast implementations and custom in-chip technology. The platform has the ability to integrate data and further use some of the adverse sources, such as Google.
Some key features of Sisense
- Future proof architecture
- Analyze all your data at the right time
- AI throughout
- Interactive browser-based dashboards
- Identifies critical metrics using filtering, calculations
- Eye-grabbing visualization
- Developer experience
8. SQL Service Reporting System
It is one of the most efficient server-based report-generating systems that is used frequently these days. It uses a unique interface to develop and derive results which are further saved and displayed using this platform. You can use the platform for free if you already have Microsoft SQL.
Some key features of the SQL Service Reporting System
- Offers a Simple Object Access Protocol (SOAP) application
- Retrieve data from managed, OLE ODBC, and DB connections
- Allows you to create Adhoc reports
- Display data in a variety of formats
- Create custom controls by using a report-processing extension
- Embed graphics and images to the reports
- Integrate with external content using SharePoint
- Store and manage custom reports
- Chart and Gauge control feature allows you to display KPI data
9. TIBCO Spotfire
It is used for self-service data analysis. It is reliable, flexible, and even easily scalable. The integrated system used with this platform can help connect and collect data from more than 25 sources at once. One can even connect third-party tools and different databases.
Some key features of TIBCO Spotfire
- Big Data Analytics
- Predictive Analytics
- Content Analytics
- Event Analytics
- Location Analytics
- Advanced Collaboration Tools
- Dashboards and Analytic Apps
- Data Discovery and Visualization
10. Microstrategy
It might be a good option if you are looking for a business intelligence tool for a larger organization or business. It also can schedule the reports automatically without any external effort.
Some key features of Microstrategy
- Increase efficiency
- Improve customer satisfaction
- Gain competitive advantage
- Improve shareholder value
- Support compliance with regulations
- Improve communication and collaboration between departments
11. Domo
The next tool on our list is Domo. SaaS provides the tool and is easily accessible on mobile and other devices. It also includes cloud support features, making it more efficient. Exporting different charts, such as Excel sheets, can be hectic on this platform.
Some key features of Domo
- More than 1000 pre-built cloud connectors
- On-premises connectors
- Federated data
- Connection to the proprietary system
- There is a multi-cloud system available
- Data write back
- Partitioned connectors
- CSV SFTP connectors
- Community-based connectors
12. SAS Viya
The SAS Viya is another fantastic business intelligence tool provided by SAS enterprise. When compared to other tools, it is a more complex tool to use. It is the best tool for use if you are looking for a tool that can provide more extensive and detailed data representation.
Some key features of SAS Viya
- Animated bubble chart
- Augmented analytics
- Embedded insight
- SAS Visual Analytic Apps
- Chat-enabled analytics
- SAS Viya in-memory engine
13. Infor Birst
Infor Birst is a very complex tool that can be used in analyzing data related to business analytically. It comes from Infor, which is a worldwide known company. It is a highly flexible platform based on Infor’s modern data architecture.
Some key features of Infor Birst
- It is an industry analytics
- Automated data integration
- Network BI
- Adaptive user experience
- Monetize data
- Modern data architecture
14. Pentaho
The platform comes from Hitachi Vantara, which can offer a range of business tools. One can get some of the most modern services, such as OLAP services and services related to data mining. The cloud data integration with the platform is also very user-friendly.
Some key features of Pentaho
- Enhanced productivity
- Big Data Analytics
- Efficient data management
- Community driven tools
- Predictive analytics metadata editor
- Multi-cloud support streaming analytic
- Embedded analytics
15. Oracle Business Intelligence
It is one of the platforms that can provide end-to-end solutions regarding businesses. It helps to enhance performance and empower them to make it faster and better. With this business intelligence tool, one can get a wide range of data management, machine learning, and artificial intelligence assessment.
Some key features of Oracle Business Intelligence
- Proactive alerts and intelligence
- Interactive dashboard and visualization
- Ad hoc analysis
- Dashboard construction
- Action Framework
- BI composer
- KPI Editor
16. Inetsoft Style Intelligence
This is a web-based business intelligence tool. It has multiple self-service capabilities to analyze data in a better way. It is fully scalable and easy to use and deploy. Both technical and non-technical users can use the tool without any issues.
Some key features of Inetsoft Style Intelligence
- Engaging visuals and accessibility
- Unique active dashboard
- Huge data analytics through OLAP connectivity
- Machine learning creates deeper insight
- Multi-browser-based delivery enables dashboard access
17. Zoho Analytics
It can offer a range of data collection and assessment facilities. You can blend different data from different sources on the platform without any issues. One can get smart and intelligent data interpretation with the platform. The commenting section on Zoho Analytics is an added benefit of providing a better user experience.
Some key features of Zoho Analytics
- Advance data integration
- A wide range of relational database
- Popular business app connector
- Personalize apps
- Unique visual analysis
- Unified business sight
- Augmented analytics
- Collaborative analytics
- Data storytelling
18. Dundas BI
It is an intelligent platform developed in 1992. It is one of the business intelligence tools that can help add features to your existing systems to generate new and better opportunities for your revenue.
Some key features of Dundas BI
- Complex data volume analyzing
- Live insight obtaining
- Custom report building
- Multiple platforms integration
- Gain data access on various devices
- Collaboration
19. GoodData
If you are looking for a platform to help customers publish reports, then GoodData can be a perfect choice. According to the company’s modular data integration platform, one can get a very well-structured data integration with this business intelligence tool.
Some key features of GoodData
- Advanced analytics
- Data management
- Self-service analytics
- Mobile BI
- Data integration
- Geospatial analysis
20. Cognos Analytics
The business intelligence tool mentioned here can be used for different dashboards and report production. It has a new search mechanism that makes sorting data simple. Along with a single data modulation, data visualization can be observed with the interface.
Some key features of Cognos Analytics
- Web-based data modeling
- Unique interactive dashboard
- Predictive forecasting
- AI assistant
- Effortlessly data connection
- Connect and prepare data automatically
- Hidden pattern uncovering
21. Metabase
Metabase is an open-source business intelligence platform that can be integrated very easily. It doesn’t require any technical background or knowledge, making it a relatively easier interface. The software can give a free, open-source version to experience using the platform. You can also share reports and different databases using the tool.
Some key features of Metabase
- Dashboard customization
- Question moderation
- Advance caching controls
- Admin tools
- Serialization
- Self-service analytics
- Interactive dashboard
- Embedded analytics
22. Board
The Board is a unique Swiss business intelligence tool and is a platform that can help in decision-making, performance tracking, and even efficient data analysis. It is based on in-memory technology called Hybrid Bitwise Memory Pattern. One can even get different calculated metrics such as Excel formulas and dashboards.
Some key features of the Board
- All-in-one platform
- User-friendly platform
- Unified data sources into one single view
- In memory performance
- Server clustering
23. Datapine
It is a unique business intelligence tool that can help link and analyze data simultaneously. You can also get predictive analysis and, on the other hand, artificial intelligence-based analysis of your business with this platform. With the SQL mode, you can also write different queries with impressive charts and tabular presentation analysis.
Some key features of Datapine
- Fast and easy data connectors
- Self-service analytics feature
- Multiple reporting options
- Unique, powerful BI dashboards
- Intelligent AI-based monitor
- Advance predictive tools
24. Yellowfin BI
When we talk visualization and machine learning integration, Yellowfin BI is a great platform. It is effortless and diverse to use. It also allows dashboard visualization next level making it an advanced intelligence tool.
Some key features of Yellowfin BI
- Enterprise analytics
- OEM for software companies
- Embedded analytics
- Data storytelling feature
- Data visualization
- Automated business monitoring
- Self-service BI
25. Visual.ly
Visual.ly is all about some of the best high-technology graphics. It offers data visualizations and analysis of different projects at once. One can also get an option to progress on different projects through this platform.
Some key features of Visual.ly
- It is easy to use
- Automate and generic
- It is a data-based infographic
- Use of different advanced tools like Adobe Illustrator
- It is a disruptive technology
26. Netsuite
Along with great data visualization, Netsuite gives a real-time reporting option. You can also get key research and special search dashboards with the business intelligence tool. It also uses drivers such as ODBC, JDBC, and ADO.net for better connectivity.
Some key features of Netsuite
- Sales forecasting
- Time tracking
- Opportunity management
- Lead management
- It is an ERP software application for businesses
- It allows universal business administration
- E-commerce capabilities
- Customer Relationship Management
- Accounting and financial management
- Inventory management
27. ClicData
It is the most accessible and simplest form of business intelligence tool present in the market. The customer experience with the application has been great, which can help in the centralization of data quickly.
Some key features of ClicData
- Create smart dashboard
- Set up user parameters
- Easy client access to dashboards
- Fast analysis in minutes without IT help
- Sophisticated technology
- Integrated data merges
28. IBM Cognos
It is all about providing intelligent analysis, which can help analyze your business’s data very easily and swiftly. It comes along with automatic data exploration and brilliant data security functions.
Some key features of IBM Cognos
- Web-based data modeling
- Interactive dashboard and enterprise report
- Data prediction and exploration facility
- Hidden pattern uncovering
- Make and deliver personalize reports
- Build powerful models from scratch
- Pre-built enterprise apps
- Transparent Process
29. Looker
It is a great business intelligence tool that can be used for both small and large business enterprises. It provides an excellent and deep understanding of customer experience with the business.
Some key features of Looker
- Fastest build data experience at the speed of business
- Insight power for more people
- Extension framework
- Filter components
- Cloud cost management
- Real-time data analytics experience
- It is a self-service BI
- Virtual schema
- Embedded analytic
30. Google Marketing Platform
The Google Marketing Platform is a well-known business intelligence tool that can offer almost everything one can get with such an interactive tool for data analysis. The data studio of the Google marketing platform is fantastic and very user-friendly.
Some key features of the Google Marketing Platform
- Account-based marketing
- Content marketing
- Conversion rate optimization
- Customer Data Platform
- Demand generation
- Digital analytics
- Email marketing
- Event management
- Campaign management
31. Hubble
The last business intelligence tool in the article is Hubble. It can be used to plan and monitor; on the other hand, it can analyze different reports. It comes with KPI features and financial analysis services.
Some key features of Hubble
- Ad hoc Analysis
- CRM Integration
- It has What if scenarios
- Customizable reporting can be done
- Dashboard creation is available
- Real-time analytics
- Workflow management
Conclusion
This blog post has mentioned the best Business Intelligence tools available to choose from! The decision of which tool to use depends on multiple factors such as team size, company budget and specific data needs. Some organizations might need more than one type of Business Intelligence tool to understand their business data landscape.