1) What are BI tools?īI tools are types of software used to gather, process, analyze, and visualize large volumes of past, current, and future data in order to generate actionable business insights, create interactive reports, and simplify the decision-making processes. For our investigation, we took the business intelligence software platforms with the best rankings on both websites with a minimum of 50 reviews between both of them.

And on the other side, we have G2Crowd, one of Gartner’s biggest competitors and a major player in the review’s market for over a decade. On one side, we have Capterra which is also a part of the Gartner family, the world’s leading advisory and research company. To build this list in the most accurate way, we took into consideration two of the most prominent websites for software comparisons and user reviews. Here we will explain what is a BI tool, offer the most prominent benefits that a company can obtain by using them and provide a list of the top BI tools on the market with a review of each.

Making them the perfect solution to democratize the data analysis process and boost business performance. And not just that, the self-service nature of these solutions gives access to every feature we just mentioned to all levels of users, without the need for any technical skills or specialized training. Identifying trends, enabling self-service analytics, utilizing powerful visualizations, and offering professional BI dashboards are becoming the standard in business operations, strategic development, and ultimately, indispensable tools in increasing profit. These tools step up into collecting, analyzing, monitoring, and predicting future business scenarios by creating a clear perspective of all the data a company manages.

By utilizing modern and professional business intelligence tools (BI tools), each challenge can be addressed promptly by any business user, without the need for massive IT involvement. Ultimately, organizations and companies need certain help when it comes to making sustainable and profitable decisions. 3) What are the best BI tools on the market?Įnsuring all business processes are under control is getting harder each year since the massive volumes of data being produced challenges businesses of all sizes.

Bi tools excel