May 20, 2022

Top 5 Business Intelligence Solutions for Your Company

Business Intelligence (BI) Solutions For Your Company

Choosing a BI Platform: 5 Solutions and What Each Does Well

⚡ Quick Answer

Data that simply accumulates has no strategic value until it is processed and analyzed. Five BI platforms do that job in different ways: Sisense for end-to-end preparation and visualization at speed, GoodData for cloud analytics embedded into software, Looker for SQL-based data discovery, Domo for real-time dashboards on mobile, and Tableau for self-service drag-and-drop analysis across desktop, server and web.

Data is at the heart of modern business and organizations. We’re talking about data that accumulates day in and day out. It is referred to as big data. Data that grows daily has no tactical or strategic value to a firm on its own. However, when that data is processed and analyzed to uncover trends, patterns, and other helpful insights, it transforms into a valuable asset for a business or organization.

Extracted data can give you useful insights into what is going on inside and outside your organization, which you can use to make important decisions. You can also take business intelligence services to get valuable insights from big data.

The role of data analytics and BI covers what those insights are worth, and the ten sectors making big in data analytics shows where it is already working.

The top five business intelligence solutions are:

The Top Five BI Platforms

1. Sisense

Sisense is a multi-award-winning business intelligence platform that includes all of the tools you’ll need to prepare, analyze, and visualize complex data.

Benefits:

Accurate and real-time data analysis
Managing the entire scope of BI duties and processes.
With its quick engine and end-to-end functionality, it has the shortest time-to-insight.
It is simple to share insights with your staff, clients, and partners.

2. GoodData

GoodData is an all-encompassing cloud analytics platform. It combines enterprise-level security, scalability, performance, and advanced analytics to give the customer and operational insights, expedite sales and identify revenue opportunities.

Benefits:

Insights into operations that improve decision-making.
Analytics embedded in software creates new revenue streams.
Analytical Designer empowers business users to do their data exploration.
Increase productivity by leveraging collective learning across the cloud environment.

3. Looker

Looker is a well-known business intelligence tool that excels in data discovery. It takes an innovative approach to data exploration by examining data with a SQL understanding.

Benefits:

Filtering, pivoting, and building visualizations and dashboards are all self-service options.
Most processes have simple, self-intuitive code.
Personalized workplaces enable the assignment of roles such as Administrators, Users, and Developers.

4. Domo

Domo allows you to view data in real-time from a single dashboard. Its interface, dashboard widgets, and displays are excellent and visually appealing, with innovative data displays such as sparklines, trend indicators, and multi-part widgets.

Benefits:

Simple data access via a diverse range of data connection options.
Effective visualizations that allow you to visualize your data in any way you wish.
Completely mobile-optimized for use at any time and from any location.
The platform collects insights from people’s interactions, context, interests, and behavior.

5. Tableau

Tableau is a well-known self-service analytics tool. It is available in three variants: an internet platform, a desktop client for analysts, and a server version for organizations. Whatever platform you select, you will receive a comprehensive system with cutting-edge features to assist you in understanding and visualizing company data.

Benefits:

Connection to several data sources is quick and uncomplicated. Hence, data analysis becomes fast.
The intuitive and straightforward interface allows data analysis with a few simple drag-and-drop operations.
Advanced collaboration enables group analytics with the majority of functionality.

📅 Since publication

The five descriptions above are unchanged from 2022. Four years on, four of the five have moved: Sisense no longer appears in Gartner’s Analytics and BI Magic Quadrant; GoodData now trades as GoodData.AI and sits in the Visionaries quadrant; Looker has been part of Google Cloud since its $2.6bn acquisition closed in February 2020; and Tableau has been a Salesforce product since 2019. Only Domo is unchanged. Worth noting that the Looker and Tableau acquisitions both predate this article.

Choosing between platforms rather than reading about them?

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Putting the Tools to Work

A Business intelligence solution company uses these tools for analytics, reporting, and visualization purposes. Valuable insights from data help learn customer behavior, improve lead generation, and many more.

Whichever platform you land on, the work underneath it is the same: data integration, a lake or a warehouse, pipelines that keep it current and data engineering alongside AI. Common BI pitfalls covers what derails an implementation, and the move from traditional to modern BI covers why self-service changed the shortlist in the first place.

For specific situations: embedded analytics if the reporting belongs inside your own product, BI for small businesses and analytics for smaller teams if the budget is tight, and augmented analytics, generative AI data readiness, seven ways BI can improve your business and how big data changes decision-making for where the category has gone since. Business analytics and growth rounds it out.

Key Takeaways

Ready to pick a BI platform on evidence rather than a list?

Impressico helps organizations define selection criteria, run a real proof of concept, and implement the platform that fits the data they actually have.

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Impressico Business Solutions — business intelligence platform selection, implementation and embedded analytics.

IBS
Article written by

IBS

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