Best Business Intelligence (BI) Tools166Business Intelligence Tools & Analytics software provides historical, current and predictive views of business operations.QIWare1 Cortex2 Designer4 Insight5 Analytics6 Analytics7 Real-Time Decisions8 Planner9 Standard10 Insights11 BusinessObjects Dashboards12 Business Intelligence15 Scorecard17 BI18 Analytics Cloud Day by Day20 Hybrid Data Management Platform21

Business Intelligence (BI) Tools

Best Business Intelligence (BI) Tools

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Business Intelligence Tools Overview

What is Business Intelligence (BI)?

Business Intelligence tools are designed to make sense of the huge quantities of data that organizations accumulate over time. BI tools analyze this information and present it as actionable information that can guide decision making.

Business Intelligence software (BI) makes up a large heterogeneous category of software. Not all tools in the category can be meaningfully compared to each other. There are several types of BI tools of which the most substantive are Full-Stack Business Intelligence Tools and Data Visualization Tools.

Business Intelligence Tools Features & Capabilities

  • BI Platform Type
  • Supported Data Sources
  • Standard Reporting
  • Ad-Hoc Reporting
  • Report Output and Scheduling
  • Data Discovery and Visualization
  • Access Control and Security
  • Mobile Capabilities
  • APIs / Embedding

Full-Stack Business Intelligence Tools

Full-stack or traditional products are enterprise-level BI tools designed to solve the specific problem of enterprise data silos. Much crucial business data is stored in a range of different data stores, many attached to business applications like ERP. Full-stack BI tools consolidate all data in a data warehouse which is a relational database designed for data mining instead of transactional processing.

Slices of data from the warehouse—usually summary data for a single department like sales or finance—are stored in a “data mart” for quick access. All of this structured data is normalized by using an ETL process (Extract, Transform and Load) whereby transactional data is combined into a single pool of data and then “transformed” into a more appropriate format for querying and analysis before being written in the data warehouse database.

The Full-Stack Business Intelligence TrustMap shows only those products that belong in this sub-category.

Data Discovery and Visualization Business Intelligence

Data Visualization products have a different purpose. These BI tools are primarily designed to help data analysts discover patterns in large quantities of data and to build compelling visual representations which allow these patterns to be easily understood.

These business intelligence tools often use a technology called in-memory analytics to query data residing on a computer’s RAM rather than on a physical disk. This means that the data does not have to be stored anywhere for subsequent analysis.

Data visualization products often have lower cost of implementation and require less support. This can make them good business intelligence tools for small companies that don’t need a full-stack business intelligence solution.

The Data Visualization TrustMap shows only those tools that belong in this sub-category.

Business Intelligence Software Comparison

When considering different business intelligence tools, consider the following aspects of each product offering.
  1. Ease of Use: Some BI tools offer high complexity and customization, but can be difficult for non-technical users. You should consider the technical ability of the staff that will be using the BI tools as well as if you need more complex features.

  2. Compatibility: Many BI tools are not complete, end-to-end solutions. For some organizations, purchasing BI software from multiple vendors may be necessary. If your business needs BI features that aren’t all covered in a single product, be sure to ask venders about integrations and compatibility with other software.

  3. Scalability: Some BI software doesn’t scale up very well as data needs increase. Consider the breadth of data generated by your organization and decide if that amount will stay the same or increase. If your data needs will increase, be sure to choose a BI solution that can handle your expected growth.

Pricing Information

Business Intelligence software is generally quite expensive. However, it’s worth remembering that it is often money very well-spent in terms of significantly improved decision-making.

One of the impediments to understanding pricing is that vendors base their pricing on a broad range of different variables from number of users to number of CPU cores.

However, as a very rough guide, advanced report authoring can cost $2,000 to $2,500 per seat, while interactive report viewing can be about half that amount. Static report viewing can be as little as $50 per seat.

More Resources

Business Intelligence (BI) Products

Listings (126-150 of 203)

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QIWare is a business intelligence software offering from Forte Wares.

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Biointelli is a business intelligence software offering from Biointelli.

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Aptean Analytics is a business intelligence software solution offered by Aptean. Powered by QlikView, Aptean Analytics is built around graphical dashboards and robust reporting from multiple data sources, along with a fully mobile-enabled and widget-based platform.

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SyncFirst turns text documents, PDFs, formatted ASCII files and electronic reports into usable data tables. Once the information is captured in a table, users can create filters to view subsets of the data, sort the table on any combination of fields, create summaries that show totals for numeric fi…

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Metric Insights is a business intelligence solution designed as a supplemental tool to Tableau. It monitors data and reaches out to users if key performance indicators, which are stored in a KP repository, vary to a significant degree. In the event of variance, the system send out an alert.

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Omni Observer is a content monitoring tool from Hoodin. When the management of information and insights from the outside world are of the utmost importance, Omni Observer allows users to monitor various types of digital content to create reports, and provides users with the most relevant external in…

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Wizdee is a business intelligence software offering from Wizdee.

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Kyubit Business Intelligence is software designed for web based OLAP analysis and Dashboard management within the Microsoft technology environment. The vendor says Kyubit allows users to easily create OLAP reports and Dashboards based on SQL and OLAP data. Users can share reports with a team or crea…

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Halo Bi is a business intelligence platform owned and supported by Logility since the December 2017 acquisition. The solution combines traditional business intelligence with big data analytics and visualization, collaboration and support tools.

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DbFace is an online database application builder and self service BI solution for existing SQL databases like MySQL, SQL Server, and Oracle.

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IBM Hybrid Data Management Platform is designed to manage data and facilitate analysis across on-premise or cloud databases or integrated across structured and unstructured data types. Deployable resources are tied directly to pricing via IBM FlexPoints, which are bought on a subscription basis.

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InsightHub offers a diverse array of qualitative and quantitative research tools all in one place, making it easy to manage, distribute and activate insight. Powerful user management features, the ability to run unlimited concurrent projects and a range of participant controls means access can even …

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Intellicus Technologies headquartered in Los Gatos offers business intelligence dashboards, self-serve ad hoc reporting, and a range of data analytics and reporting features.

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Starcom Business Intelligence tool is a self-service BI tool which allows business users to discover trends, track KPIs and visualize data, with the goal of enabling better decisions based on data. StarBI helps users connect to multiple data sources, create and schedule reports, set alerts and run p…

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EzDataMunch is presented by the vendor as a fundamentally different approach to Business Intelligence. With EzDataMunch users explore data from multiple sources using everyday language. Enter queries in a search box to analyze business data and get instant visual answers. Benefits of EzInsights – Sm…

TrustRadius Top Rated for 2019

2019 Top Rated Business Intelligence (BI) Tools

There are plenty of options out there, but here's our shortlist of the best Business Intelligence (BI) Tools. These products won a Top Rated award for having excellent customer satisfaction ratings. The list is based purely on reviews; there is no paid placement, and analyst opinions do not influence the rankings. To qualify, a product must have 10 or more recent reviews and a trScore of 7.5 or higher, indicating above-average satisfaction for business technology. The products with the highest trScores appear first on the list. Read more about the Top Rated criteria.

Frequently Asked Questions

What problem does business intelligence solve?

Business intelligence tools help to make sense of the enormous quantities of data business have regarding customers, suppliers, and business partners, and help uncover the insights within that data that are vital to winning in the marketplace. Business intelligence is an umbrella term for various methods of collecting and analyzing this data to help organizations make data-driven decisions.

What are data discovery and visualization products?

Data discovery and visualization products are primarily designed to help data analysts and business users discover patterns and outliers in large quantities of data, and to build compelling visual representations which allow these trends and patterns to be easily understood. Commonly available visualizations include charts, graphs, and maps.

What is embedded business analytics?

Embedded analytics is the integration of BI capabilities directly into a business application or portal. The idea is to provide analytics that are contextual. In other words, analytics tools are available directly within whatever business application is being used at a given moment, whether it be Salesforce, an ERP system, or a marketing automation tool.

What is augmented analytics?

Augmented analytics is a term used to denote the use of machine learning and natural language processing to automate insights into datasets generated by analytics and BI tools. Today, many well-known BI platforms have built-in capabilities to automate data preparation and detect some correlations and anomalies in large data sets. The ultimate goal is for this technology to be capable of analysis and even insight generation and action plan generation.

What is the difference between business intelligence and data science?

Both business intelligence and more recent technologies like data science are predicated on gaining business insight based on data analysis. The primary function of BI tools is to explore past trends in a business’s historical data and compare data across time. Data science tools, on the other hand, use algorithms to understand and predict a business’s future performance. Data scientists build data models to try to answer questions or discover predictive patterns in huge volumes of data.