What is The Best Business Intelligence Tool?
All tools on our list have proven to be capable and flexible enough to fit a variety of use cases. So, how do you choose? As you review these options, assess them based on the analytics tools, reporting tools, data management features, and integrations. If you find a cost-effective tool that matches the technical abilities of your team while delivering the backend power you need, you've got a winner.
Data analytics makes decision-making five times faster for organizations. So it's no wonder the business intelligence market will be worth more than $33 billion by 2025. Of course, to tap into this value, you have to choose the right business intelligence platform for your organization's needs.
Here’s our list of the top 17 business intelligence tools for 2023 with a complete overview of each platform’s capabilities, integrations, user interface, and pricing.
Table of Contents
- Zoho Analytics
- SAP BusinessObjects
- Dundas BI
- Google Data Studio
- Microsoft Power BI
- SAS Business Intelligence
- Yellowfin BI
- Oracle Analytics
- Tibco Spotfire
- How Integrate.io Can Help
The Domo Business Cloud puts self-service analytics at the forefront by creating a user-friendly environment that your entire team will feel comfortable diving into. However, Domo doesn’t lack any of the powerful analytical processing you need and expect.
With detailed reports, secure data sharing, and the ability to pick and choose the exact data apps you need, Domo will help your company do more with its data. The platform is designed for all roles and industries, with over 1,000 ready-to-use connectors to get you going quickly.
Zoho monitors every component of your sales and marketing funnels with integration tools for spreadsheets, databases, cloud services, and text files. Hook it up to your favorite data warehouse and get more from data analysis than ever before.
Thanks to powerful artificial intelligence, ThoughtSpot is one of the most intuitive platforms on the list which makes finding the exact data you need simple. Plus, digesting large amounts of data is easy with ThoughtSpot’s amazing visuals. You’ll also find that it’s extremely developer-friendly, making embedded analytics a breeze.
With the ability to search, visualize, and monitor insights in real time, it’s one of the best platforms on the market, which is why it’s trusted by major enterprises like Anthem, Ally, and Comcast.
One of the oldest BI tools on this list, Qlik has helped businesses visualize and interpret data since 1994. Features include an excellent range of data source connections, drag-and-drop visualizations, self-service, data storytelling, smart search, and progressive creation. Suitable for businesses of all sizes, Qlik will remain one of the top business intelligence tools in 2023.
SAP's BI tool provides a centralized hub for all things business intelligence. With a broad range of reporting and analytics features, BusinessObjects makes it easier to visualize data insights in your organization so you can improve operations, generate more sales and engage with customers on a deeper level. You can connect it to SAP Warehouse, other data warehouses, and Microsoft Office products such as Word and Excel.
6. Dundas BI
This browser-based BI tool turns raw data into eye-popping visualizations in seconds, providing organizations with deep data insights time and time again. You can measure business performance in real-time, share those insights with anyone you like and even deploy the platform using Docker containers.
Whether you want to track sales, marketing, customer service, financials, or all of the above, Google Data provides rich data visualizations that help you make better organizational decisions. Build interactive reports, create charts and graphs and share all of your data insights with your team.
Looker has become synonymous with business intelligence at this point, and the tool will remain as popular in 2023 as it's always been. Use this platform to track sales and marketing KPIs, execute A/B testing, and identify trends in the data that flows through your organization. Looker's API lets you share reports on Slack, Google Sheets, and other apps.
You can trust Microsoft's business intelligence software to reveal data insights about any aspect of your business. With real-time access monitoring, interactive dashboards, data filtration, and various visualizations, Microsoft Power BI is a well-rounded tool that won’t lead your team astray.
Power BI works best when integrated with other products in the Microsoft ecosystem, such as Excel. While you can connect to other data sources using robust connectors, if your company is otherwise removed from the Microsoft suite, there might the better matches for your needs.
This machine learning-powered BI software quickly produces visualizations that unlock your organization's secrets. You can use it for data mining, forecasting, automation, and predictive analytics, or to generate insights about day-to-day functions such as sales and marketing.
One of the key features of SAS is its text analytics capability, which allows your company to uncover hidden insights buried in droves of textual data. SAS also integrates with Microsoft Office products such as Word, Excel, and PowerPoint.
One of the most popular business intelligence tools on the market, Tableau offers interactive visualizations, world-class security, collaboration, and sharing features. Use it for predictive analysis, financial forecasts, or data filtration. The choice is yours. Tableau's AI-powered tool is fantastic for A/B testing and analyzing workflows, and its simple interface and native data connectors make analysis less of a chore.
12. Yellowfin BI
Yellowfin streamlines analytics workflows in your organization with its interactive reports and executive dashboards. This BI tool helps you better understand data sets with features such as data stories, smart tasks, and location intelligence. Easy to use and integrate into your tech stack, Yellowfin masters automated monitoring and data discovery. It's a valuable addition to any data-driven organization.
13. Oracle Analytics
Oracle Analytics helps data scientists, analysts and engineers process the data they need to generate brilliant business intelligence. This cloud-native platform lets you visualize data wherever you are in the world and share that data with any team that needs it.
This modern platform offers top-tier security, powerful data governance, and excellent customer service, all while empowering end-users with vibrant and intuitive self-service tools. Plus, your company’s developers will gain access to the latest technologies, including AI, machine learning, and natural language processing (NLP).
Combining AI and machine learning, Sisense takes advanced analytics to the next level. You can embed white-label analytics, manage data at scale on a single commodity server and integrate the platform with web portals. Sisense can also export data into various file formats and lets you create customizable dashboards in mere minutes.
This BI tool provides actionable insights into various components of your organization with modules for sales, marketing, finance, customer service, and even human resources. Available in several languages, Board carries out advanced business intelligence with real-time reports, personalized dashboards, and stunning visualizations.
While traditional pipelines sometimes omit data due to formatting errors or other problems, Incorta says it will retain 100% of your data and preserve the original format so you can analyze specific aspects like transaction-level details.
An important thing to note about Incorta is that it is an end-to-end solution, meaning it pulls data directly from your data sources and then processes, analyzes, and presents it to your business users. Of course, you’ll still need a pipeline tool for other business functions.
Do you need help building a robust data pipeline? Integrate.io is a very fast CDC platform with reverse ETL capabilities, allowing you to smoothly and securely move data from anywhere. Try it for yourself!
17. Tibco Spotfire
This BI analytics platform builds complex data visualizations that reveal insights about your organizational processes. Use it for big data analytics, cohort analytics, data discovery, visualization, and advanced collaboration. Tibco Spotfire also boasts built-in data-wrangling features.
How Integrate.io Can Help
Whatever platform you use in 2023, Integrate.io moves data from sources to a data warehouse so it's ready for these BI tools. Integrate.io extracts data, transforms it into a suitable format for analytics, and loads it to a warehouse with no code. That means you spend less time moving data and more time analyzing it. Plus, the platform's simple pricing model only charges you for the connectors you use.
Integrate.io's native connectors transfer data to over 100 sources, and its drag-and-drop point-and-click interface makes data integration and metrics simple. It’s the perfect ETL solution to prepare your data for business intelligence tools. Schedule a demo today!