Are you looking for the best business intelligence software in 2022? No worries lets start! With more information at our fingertips, it’s getting harder and harder to focus on the information we need and present it in a useful way.
That is the essence of business intelligence. Best business intelligence software or best BI tools make it easier to obtain relevant information and represent it in ways that help us understand what it means.
However, the best business intelligence software you choose will determine how straightforward that procedure is and how you can see the data: It is critical to select the best BI tools for your requirements. Choosing a business intelligence solution that meets your company’s demands isn’t always straightforward.
Here are 11 best business intelligence software suggestions that could work for you.
Best Business Intelligence Software | Best BI Tools
Here’s a list of a dozen prominent and well-respected BI tools or best business intelligence software to assist you in figuring out what your business’s data can tell you.
Board International blends BI, predictive analytics, and performance management into one application. While it claims to provide something for everyone, it concentrates mostly on financial BI. Finance (planning, consolidation), HR (skills mapping, workforce planning), marketing (social media analysis, loyalty and retention monitoring), supply chain (delivery optimization, supplier management), sales (cross-selling and up-selling analysis), and IT (information technology) are among the modules available (KPIs, service levels).
The software is offered in English, Spanish, Chinese, Japanese, French, German, and Italian. However, the corporation is Swiss. In the current edition of its platform, an in-memory computation engine has replaced the multidimensional online analytical processing (MOLAP) technique. The whole company is the target audience, but it usually comes in through the finance department. This tool is included in best business intelligence software in 2022.
- Highlights include: Language assistance
- Pricing: The cost of a licence per user varies depending on the position.
Dundas BI from Dundas Data Visualization is mostly used to create dashboards and scorecards, which are the company’s traditional strengths, but it can also execute conventional and ad-hoc reporting. Analysis and visualisation are carried out using a web interface that adapts to the skills of the users: Different functionalities are visible to power users and regular users.
The current version offers point-and-click trend analysis, Linux support, and an application development environment for bespoke analytic apps, as well as a new in-memory engine and natural language query functionality. In addition to the traditional suspects like banking and healthcare, Dundas BI has been adapted for 19 industries, including clean tech, mining, and construction. It sells to huge businesses but specialises in embedded business intelligence. This tool is included in best business intelligence software in 2022.
- The target audiences: are the C-suite, HR, finance, sales, marketing, and customer service.
- Features to look for: A flexible HTML5 interface that adjusts to any device
- Pricing: is based on concurrent users rather than named individuals, and there is no connection to the number of servers or cores.
Oracle Analytics Cloud
Oracle has spent the last several years beefing up its Oracle Analytics Cloud product, which was released in 2014 as a spinoff of the company’s flagship Business Intelligence Enterprise Edition package. In 2020, it will introduce a Cloud HCM product to empower HR executives, analysts, and line-of-business leaders with self-service workforce analytics. Oracle has concentrated on making its cloud service straightforward and user-friendly, with robust reporting and machine learning capabilities.
Data preparation, data connections, visualisations, predictive analytics, a native mobile app, and embedded analytics support are all key aspects. Users in midrange to big businesses are the target audience. This tool is included in best business intelligence software in 2022.
- Highlights include: Conversational analytics help with natural language questions and can automatically give natural language explanations to explain graphs and trends.
- Pricing: $16 per user per month, or $1.0753 Oracle compute unit (OCPU) per hour; Professional – BYOL: $0.3226 OCPU per hour; Enterprise – BYOL: $0.3226 OCPU per hour; Enterprise – BYOL: $0.3226 OCPU per hour
Domo is a cloud-based platform that focuses on easy-to-use dashboards for business users. It provides business intelligence capabilities for a variety of sectors and occupations (including financial services, health care, manufacturing, and education) (including CEOs, sales, BI professionals, and IT workers). Before looking at how over 500 additional connectors may aid the rest of the company, CIOs should look at how they manage data from AWS, Jira, GitHub, or New Relic. CEOs, sales and marketing executives, and BI experts are the intended audience. This tool is included in best business intelligence software in 2022.
- Highlights include: Mobile-friendly interface
- Pricing: On-demand
Microsoft Power BI
Users may analyze and display data from local or cloud sources using the Power BI Desktop programme for Windows, then publish their findings to the Power BI platform. Data preparation, visual-based exploration, interactive dashboards, and augmented analytics are among the features available.
For a monthly subscription, the Pro edition of Power BI Desktop enables collaborative analysis by integrating Microsoft Office365, SharePoint, and Teams to limit access to raw data and published results. Self-service data prep is possible using prebuilt connections to corporate data kept in Microsoft Dynamics 365, Azure SQL Data Warehouse, or third-party sources such as Salesforce in the Premium tier for organisations who want to go all-in. Microsoft stores are the target clientele. Touch-screen annotation of reports is possible with the mobile app.This tool is included in best business intelligence software in 2022.
- Pricing: Desktop is free; pro is $9.99 per month per user.
- Premium: $4,995 for each dedicated cloud computing and storage resource
MicroStrategy’s cloud, on-premises, and hybrid deployment solutions target the enterprise BI market across a wide range of sectors. It has a drag-and-drop interface that allows users to construct bespoke data visualisations and real-time dashboards. MicroStrategy promotes federated analytics, which allows clients to use their existing investments in data sources like Tableau, Qlik, and Power BI to combine data and create reports and insights.
It also includes an enterprise semantics graph, which indexes data assets and adds location intelligence and real-time telemetry to data silos. This tool is included in best business intelligence software in 2022.
- MicroStrategy offers a 30-day free trial of their entire platform. The entire company is the target audience.
- Digital credentials can be used to replace traditional ID cards, passwords, and tokens with mobile role-based identification badges that are linked to smartphones.
- Pricing: is available upon request.
Sisense says its In-Chip database engine is quicker than in-memory databases, and its BI software stack covers everything from the database through ETL, analytics, and visualisation. It is best known for its integrated BI applications. New machine learning capabilities have been added to the newest edition. Sisense can be installed locally or in the cloud.
Finance, marketing, sales, HR, IT, customer service, and operations and logistics divisions all have solutions. Sisense also allows people outside the organisation to use analytics tools by integrating them into web apps. Sisense purchased Periscope Data in September 2019 and is now integrating advanced analytics capabilities acquired as part of the deal. SMEs are usually the target audience. The client is completely web-based, including data preparation. This tool is included in best business intelligence software in 2022.
- Pricing: On-demand, with a yearly software and service cost.
Qlik’s objective is to offer everybody in the company access to all of the company’s data, according to corporate data governance regulations, of course. All of that data should be enough to slow down most database engines, but Qlik claims that its Associative Engine can associate every item of data with every other piece to make finding connections easier.
Thanks to the Qlik cognitive engine, the Associative Engine now offers AI and machine learning capabilities that provide context-aware insight recommendations. The self-service interface for accessing those analytical capabilities, Qlik Sense, is available in cloud and on-premises variants. The entire company is the target audience. The Associative Engine can analyse all of your data in real time. This tool is included in best business intelligence software in 2022.
- Limited versions: available for free; some
- Qlik Sense: Business costs $30 per month per user. Qlik Sense Enterprise as a Service: Analysts pay $40 per month, while professionals pay $70 per month.
- Monthly Analyzer Capacity: Packs, $100
SAS Visual Analytics
SAS’s Visual Analytics tool is a cloud and microservices-based BI solution. Its goal is to automatically highlight crucial data relationships. The current edition includes automatic suggestions for key parameters, as well as visualisations and natural language insights. Sentiment analysis for extracting data from social media and other texts, automatic chart production, mapping, and self-service data preparation are among the other capabilities. Deployment options include on-premises, in public or private clouds, or as a service on the Cloud Foundry platform. Users from huge corporations are the target audience. This tool is included in best business intelligence software in 2022.
- Highlights include: Functions for automated analysis
- Pricing: On-demand
Tibco Spotfire is an AI-powered data visualisation platform for dashboards, interactive visualisation, data preparation, and workflow that is self-service. The platform supports the creation of complicated data models using machine learning-based data preprocessing. Financial services, energy, manufacturing, consumer packaged goods, government, transport and logistics, healthcare, and life sciences are among the industries where it is used. Python is now supported in the current version. Analysts and citizen data scientists are the intended audience.
- Highlights include: The ability to use methods from data science, geo-analytics, and real-time streaming data with natural language inquiry and production.
- Pricing: Tibco Cloud Spotfire costs $125 per month or $1,250 per year for analyst seats; $65 per month or $650 per year for business author seats; $25 per month or $250 per year for consumer seats; and $25 per month or $250 per year for 25GB of library storage; Spotfire for Amazon Web Services costs $0.99 per hour.
Tableau Software covers all the bases with Tableau: Tableau’s software may be operated on-premises, in the cloud, or entirely hosted by the company. It has customised versions for more than a dozen sectors, including banking, healthcare, and manufacturing, as well as finance, HR, IT, marketing, and sales departments, which is virtually standard these days.
Tableau’s features include survey and time series data mapping and analysis. Its most recent gimmick is to employ natural language processing and artificial intelligence capabilities to allow users to express what they want to view rather than clicking and dragging to make formulaic inquiries. Midsize and bigger businesses are the target audience. Tableau uses natural language processing to allow users to specify exactly what they want to see. This tool is included in best business intelligence software in 2022.
- Pricing: At least one Tableau Creator ($70 per month) is required for each deployment; others can be Viewers ($12 per month, minimum 100), Explorers ($35 per month, minimum 5) for Tableau Server (on-premises or public cloud); or Viewers ($15 per month, minimum 100), Explorers ($42 per month, minimum 5) for Tableau Online (fully hosted by Tableau).