Top 10 Business Tools To Transform Business Growth in 2021

How come Business intelligence all of a sudden becomes vital in keeping the revenue engine moving? So let’s understand business intelligence and its impact on the current business scenario.

WHAT ARE BUSINESS INTELLIGENCE TOOLS?

As per the report: 55% of businesses have not invested in a business intelligence tool… Why throttle your business productivity? Start using top BI tools now.

Business Intelligence (BI) is a set of processes, technologies, and architecture that transform raw data into meaningful information; helping startups, SMEs, and large enterprises to make a profitable business decision.

In technical terms, Business Intelligence is a set of methodologies that transform raw data into actionable information that enables the organization to make strategic and tactical business decisions more effective.

With no doubt, nothing can replace business intelligence in decision-making. When going forward, business intelligence will become much more automated and be used aggressively with fewer bottlenecks in terms of data flow and interface limitations.

List of Top Business Intelligence Tools To Give Impetus To Business:

• DATAPINE
• SAS BUSINESS INTELLIGENCE
• CLEAR ANALYTICS
• SAP BUSINESS OBJECTS
• DOMO
• MICROSTRATEGY
• ALSO READ: WHAT ARE THE TOP AI SOFTWARE DEVELOPMENT TOOLS?
• GOOD DATA
• IBM COGNOS ANALYTICS
• QLIKVIEW
• YELLOWFIN BI

BI tools are essential software employed to assemble, process, investigate, and envision large volumes of past, current, and future data; this is done to generate actionable business insights, create communal reports, and clarify the decision-making processes.

Important Stats Related to BI and its tools:

As per, the survey 32% of R&D teams employ four or more BI tools to execute their work managing all departments in 2020. (Forbes)Healthcare, financial, Retail/Wholesale other industries are likely to adopt Business Intelligence (BI) in 2021.

HOW BI TOOLS ACCELERATE BUSINESS GROWTH?

Business Intelligence tools help small, moderate, and high-level businesses in several aspects, ultimately enhance business growth. For the best services, you can reach ValueCoders to hire a Business intelligence consultant to excel business growth. The consultant provides impeccable ideas to impact the business growth.

LET’S LEARN THE BENEFITS USING TOP BI TOOLS:

Gather all relevant data: Whether you work in a small, moderate, or large enterprise, you can gather data from multiple portals like ERPs, CRMs, flat files, databases, APIs, etc. To analyze and connect the data of multiple resources, you need the best BI tools. These tools help businesses identify issues and trends.

Advantage of predictions: Businesses suffer major setbacks. But all you need to do is “use your brain” to overcome them. But what if the difficulty can be predicted priorly?

Yeah, you are thinking right. Business Intelligence tools can transform businesses to predict upcoming risk factors. BI tools are integrated with forecast engines to generate future scenarios. Hence lowering the business risk factor.

Eliminate Manual Tasks: For managing the business data, users execute spreadsheets and static presentations, but now most of the businesses prefer model software (BI tools) save employees time and accurate estimation of data.

Reduce business costs: Starting from sales planning, customer behavior analysis to real-time monitoring BI tools are no less than an asset. According to the BI survey, more than 50% of business intelligence (BI) users stating that BI prominent benefits reduce costs.

Several types of Business Intelligence tools are there, but not capable enough to provide effective business solutions.

Here I have listed a few top BI Tools offering profitable business solutions.

DATAPINE

Datapine is a famous BI software that your business and other data from different sources. The advanced analytics features (including predictive) for data analysis.

The Datapine tools can create compelling business dashboards, customization or standard reports, and many. These tools provide advanced features for (data analysts and business users).

Key Features of Data pine:

This tool supports the drag and drops interface features including advanced and predictive analysis. Software dashboard comprises advanced features like drill-downs, chart zooms, widget linking, hierarchical filters, etc. Very helpful in driving growth, value drivers, trends, etc.

SAAS BUSINESS INTELLIGENCE

SAAS -Bi-tool SAS Business Intelligence is one of the top-rated Business Intelligence tools offering numerous solutions related to products and technologies. The tool complements scientists, data engineers, text analysts, forecasting analysts, and so on. At Capterra, this tool got 4.5 ratings.

Key Features:

It holds BI products and technologies focused on visual data exploration, easy analytics, interactive reporting, and dashboards. It provides automated analysis supported by machine learning for interactive visualizations with the capability to answer business-related questions such as “Where do my clients come from?”

It also offers dynamic visuals built into interactive reports and dashboards. This tool can be integrated with other applications such as Microsoft Office.

CLEAR ANALYTICS

Clear Analytics is a popular tool connecting data from internal systems, cloud, accounting, CRM. It is enabled with a drag-and-drop feature operated with Microsoft Power BI, utilization. Power Query and Power Pivot. This tool increases business productivity by taking help from Business intelligence consultants of top companies.

Key Features of Clear Analytics:

The tool supports Power BI features such as Power Maps, pivot in sharing insights into mobile devices.

Offer a full audit trail for comprehension where the data has originated. It fetches data elements and organize visualizing, modeling, and transforming data.

SAP BUSINESS OBJECT

SAP business objects is a popular business intelligence tool designed for the complete analysis, reporting, and data visualization. The tool offers office integrations with Excel & PowerPoint, where you can build live presentations and hybrid analytics. 170M users use SAP BI Tool across the world.

Key Features of SAP Business Objects :

It supports cross-enterprise sharing functionality for better communication with the customer and partners. It handles real-time data analytics when you connect with SAP BW or SAP HANA.

The tool allows you to analyze large volumes of data by using Microsoft Excel with SAP.

DOMO

Domo is a BI solution including multiple systems highlighted in this program. The top Business Intelligence tools can also be used for data lakes, warehouses, and ETL tools. Like other tools, it improves data gathering from other enterprises; They use machine learning and artificial intelligence capabilities to utilize data.

Key features of Domo:

• It supports the drag-and-drop Magic ETL feature.
• It gives the capability of visualizing and designing raw data to charts, graphs, maps, and others.
• It supports 1000 pre-built cloud connectors.

Predictive analysis is controlled with Mr. Roboto, Domo’s AI engine, which allows data scientists to generate predictive models and utilize Artificial intelligence & Machine learning, etc.

MICROSTRATEGY

MicroStrategy is an enterprise analytics and mobility tool. Mainly focuses on federated analytics, hyper-intelligence, and cloud solutions. Their mobile dossiers empower users to develop interactive analytics performing on both iOS or Android platforms. Developing highly formatted reports, ad hoc queries, thresholds, and alerts, automated report distribution features make the tool rather attractive.

Key Features :

• Tool’s hyper-intelligence feature gathers data from various sources and places them into appropriate, zero-click insights. This tool offers contextual insights.
• This tool offers mobile deployment to leverage enduring reports, dashboards, and visualizations in real-time; it can be done from any location and device.
• The tools allow you to integrate voice technology and chatbots. Micro -strategy administers a high range of solutions to deliver scalable, flexible, secure, and extensible cloud solutions.

GOOD DATA

Good Data is a popular business analytics software that proffers the tools for data storage, ingestion, analytic queries, visualizations. It can integrate with websites, desktops, or mobile applications to create daily activity reports. GoodData got a 4 stars review on Capterra.

Key Features :

• The tools allow you to publish multiple reports. It has a wide range of custom data models and analytics to let clients publish releases and dashboards.
• It offers a modular data pipeline for agile data integration with on-premise or cloud warehouse. Furthermore, it handles all sorts of data, whether it is structured, semi-structured, or unstructured.
• This BI tool offers additional services and supports the entire data and analytics lifecycle, including development, testing, launch, and maintenance.

IBM COGNOS ANALYTICS

IBM Cognos Analytics is one of the famous cloud-based business intelligence (BI) tools that employ AI instructions for creating dashboards and reports. The tool allows you to represent data to the real world and permit asking queries. Offering robust solutions to various industries such as retail, e-commerce, healthcare, etc. Most business intelligence consultants recommend this for better results.

Key Features of IBM Cognos Analytics:

• The Cognos Analytics search mechanism allows users to access, discover content within the software.
• Multiple data sources are combined into a single data module that enables you to generate and work with insights.
• The BI analytics tools interactive visualizations are joined with embedded geospatial mapping and excellent analytics.

QLIKVIEW

QlikView is one of the best BI tools offered by Qlik. The tools manage data analytics platforms. It is developed on an associative engine that enables data discovery without using query-based tools. The tool eliminates the risk of data loss and incorrect results.

Key Features :

YELLOWFIN BI

Yellowfin BI is one of the fantastic business intelligence software. The functionalities include dashboards and scorecards, analytics, predictive, online analytical processing, query and reporting writing, and performance management. Yellow fin proffers filtering abilities that can be modernized in real-time.

Key Features :

• Combines five main products to connect, transform, and understand the organization data: Yellow fin signals, stories, dashboards, data discovery, and data prep.
• It offers advanced BI and analytics solutions: enterprise, embedded, and external analytical apps.
• Yellowfin signals are based on excellent, AI-controlled algorithms that allow immediate, personalized notifications to your smartphone.

WRAPPING UP :

In nutshell, we can conclude using BI tools enterprises manage the business task efficiently; and forecast risk factors, analyze modern trends and make a correct decision, etc.

The Business Intelligence tools list contains top-notch BI software supporting all businesses (startups, SMEs, and large enterprises). But to make accurate use of Business Intelligence tools and obtain effective results; it is vital to have correct knowledge of the tools.

Well, to gain the authentic knowledge of BI Tools, you can get connected with the ValueCoders( a leading software development company in India) to hire Business Intelligence Consultant for better business delivery. They are experienced with profound knowledge & understanding of advanced technologies. So if you want to make the correct usage of the best BI tools, you can contact as we are accessible for offering valuable services to our customers.