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36 Best Business Intelligence Software in 2021

What is Business Intelligence Software?

Business intelligence software is an analytical tool used by organizations to analyze raw data obtained through operations, consumer interactions, and more. The tool comprises complex variegated modules and systems that help in the collection and analysis of data.

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Biz Analyst

Biz Analyst

By Khatabook

Starting Price

₹2,478/Year

Inclusive of all taxes

Biz Analyst is a mobile application which securely syncs with Tally Prime, allowing its user the access to business data... Read More About Biz Analyst
Dashboard Outstanding Reminder Inventory +6 More
Zoho Analytics

Zoho Analytics

By Zoho by Target Integration

(4 reviews)

Starting Price

₹12,390/Month

Inclusive of all taxes

Zoho Analytics is an advanced report creator and business intelligence software is used for analyzing business data, hi... Read More About Zoho Analytics
Support Email Management Performance Management +20 More
Microsoft SQL Server Standard Edition (MOLP)

Microsoft SQL Server Standard Edition (MOLP)

By Microsoft

(2 reviews)

Starting Price

₹64,172

Inclusive of all taxes

Build intelligent, mission-critical applications using a scalable, hybrid database platform that has everything built in... Read More About Microsoft SQL Server Standard Edition (MOLP)
Security Compliance Management Meets highest levels of performance, scalability a +3 More
Microsoft Power BI Pro (MOLP)

Microsoft Power BI Pro (MOLP)

By Microsoft

(2 reviews)

Starting Price

₹8,193

Inclusive of all taxes

Microsoft Power BI Pro MOLP is one of the best Microsoft business intelligence tools that helps you collaborate on share... Read More About Microsoft Power BI Pro (MOLP)
Share and Collaborate Connectivity Multilingual +11 More

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Microsoft Power BI Pro (CSP)

Microsoft Power BI Pro (CSP)

By Microsoft

(1 reviews)

Starting Price

₹779

Inclusive of all taxes

Microsoft Power BI Pro helps to connect to hundreds of data sources, and visualize all the data with live dashboards and... Read More About Microsoft Power BI Pro (CSP)
Collaboration Insights Visualization +3 More
IBM InfoSphere Optim Test Data Orchestrator
Testing continuously requires the availability of the right test data, delivered at the right time, which exactly matche... Read More About IBM InfoSphere Optim Test Data Orchestrator
Data Management Collaboration Repository +2 More
Digital Business Card Aarvi Technology
Digital Business Card is a digitized office contact management solution developed by Aarvi Technologies. The software h... Read More About Digital Business Card Aarvi Technology
Quick Information First Impression User Friendly +10 More
konnect my business app
we provide business automation solution through cloud application for small & medium businesses in India. It co... Read More About konnect my business app
Business Details Product Listing. Social Media Links +10 More

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FranConnect

FranConnect

By FranConnect

(2 reviews)

PRICE ON REQUEST

At FranConnect, everything we do is centered around helping you achieve your goals. We work with you to align your busin... Read More About FranConnect
Customer Relationship Management Project Management Collaboration +1 More
OpenText Analytics Suite
OpenText™ Analytics Suite helps organizations improve decision-making, gain operational efficiency and increase vi... Read More About OpenText Analytics Suite
Integration Access Controls Data Connectors +5 More
Didger

Didger

By Golden Software

(2 reviews)

Starting Price

₹32,131/year

Inclusive of all taxes

Don’t be limited by static data formats. Didger’s comprehensive digitizing, georeferencing, reprojection, ti... Read More About Didger
Dynamic Digitizing Georeference Data Work Seamlessly with all Coordinate Systems +4 More
Assyst PanBI

Assyst PanBI

By PanApps

(2 reviews)

PRICE ON REQUEST

PanBI is a robust business in solution that enhances data comprehension, allows for a greater coverage of trends and pat... Read More About Assyst PanBI
Predictive Analytics Visualization Share and Collaborate +3 More

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HighGround Performance Management
Performance management software helps you transition from annual, backward-looking performance appraisals to real-time,... Read More About HighGround Performance Management
Feedback Goal Management Talent Management +3 More
Infor Enterprise Performance Management
The Infor Enterprise Performance Management suite of products is based on an in-memory analytics platform that provides... Read More About Infor Enterprise Performance Management
Budgeting Financial Consolidations Workforce Budgeting +5 More
Excellor

Excellor

By Excellor

PRICE ON REQUEST

Excellor is a complete Business Intelligence Software designed to serve Startups, SMBs, SMEs and Agencies. This Business... Read More About Excellor
Similartech

Similartech

By Similartech

PRICE ON REQUEST

Similartechis a complete Business Intelligence Software designed to serve Startups, SMBs, SMEs and Agencies. This Busine... Read More About Similartech

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Tableau Software

Tableau Software

By TABLEAU

PRICE ON REQUEST

Tableau Softwareis a complete Data Visualization Tools designed to serve Startups, SMBs, SMEs and Agencies. This Data Vi... Read More About Tableau Software
Easy to Use Business Intelligence Analytics +5 More
Datamatics TruBI

Datamatics TruBI

By Datamatics

PRICE ON REQUEST

Datamatics TruBI is a top of the line business intelligence software. It assists in visualization of reports through va... Read More About Datamatics TruBI
User Interface Centralized Control API Integration +6 More
Vcita

Vcita

By Vcita

PRICE ON REQUEST

Vcitais a complete Business Intelligence Software designed to serve Startups, SMBs, SMEs and Agencies. This Business Int... Read More About Vcita
Client Management Billing & Invoicing Campaign Management +4 More
Mid Innovator

Mid Innovator

By MID

PRICE ON REQUEST

Mid Innovator is a complete Business Intelligence Software designed to serve Startups, SMBs, SMEs and Agencies. This Bus... Read More About Mid Innovator

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Last Updated on : 23 Oct, 2021

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Business Intelligence Software Reviews

VS

Vishal Seth

review for Zoho Analytics

4.7

"Amazing resource. Stumbled on them by accident and glad I did. Erick was fantastic at helping organize the information I was looking to obtain! Very happy I called them!"

See All Zoho Analytics Reviews

AG

Ajay Gupta

review for Microsoft Power BI Pro (CSP)

4.3

"Flexibility to connect multiple data sources and visualize data"

See All Microsoft Power BI Pro (CSP) Reviews

VR

Vijaya Raj

review for Didger

4.9

"Jaclyn was very helpful and steered me to a software company that fit our needs perfectly. I probably would never have found this software searching on my own. Highly recommended."

See All Didger Reviews

RR

ram raheem

review for Assyst PanBI

4.3

"This site is very helpful, but be prepared to be contacted immediately!"

See All Assyst PanBI Reviews

MC

Maanakchand Chopda

review for HighGround Performance Management

4.5

"I have known about this company and my personal experience with them has been very positive."

See All HighGround Performance Management Reviews

Buyer's Guide for Top Business Intelligence Software

Found our list of Business Intelligence Software helpful? We’re here to help you make the right choice and automate your business processes. Let’s discover some of the essential factors that you must consider to make a smarter decision!

What is Business Intelligence Software?

Business intelligence software is an analytical tool used by organizations to analyze raw data obtained through operations, consumer interactions, and more. The tool comprises complex variegated modules and systems that help in the collection and analysis of data. The Bi software has customized reports that help a business recognize future potential and provides insights into all ongoing operations. With the help of business intelligence software, companies can gain a deeper insight into sales and marketing, improve decision making, cut down unnecessary costs and increase their productivity.

The software’s utility does not stop there; it streamlines the business processes, with the use of a central database. BI software provides tracking and reporting on a real-time basis. This further helps in decision making based on empirical data.

Business Intelligence Software Features

  • Executive Dashboard

A personalized dashboard of business intelligence software provides easily readable and relevant information to the executives in real-time. This enables faster and effective decisions based on empirical data. The managers or executives require access to personal dashboards so that the employee's KPIs can be delivered on a regular basis. A personalized dashboard means that the manager can make decisions instantly due to readily available information.

  • Location Intelligence

It is the ability of the best business intelligence solution to map and visualize data in geographical formats. This allows a business to view data from a new perspective, such as the sales of a product per region, identify locations where the sales have decreased and vice versa.  

  • What if” Analysis

This feature of a business intelligence software allows the business to assess the probable outcome of a decision even before it is executed. With the help of the accumulated data, an executive can formulate a strategy to attain the goals of the business. This feature is crucial in strategic planning.

  • Interactive Reports

These reports by business intelligence software helps convert data into information. They make data interpretation easy. The user should be able to conduct slice and dice OLAP analysis, use moving average and regression to identify data trends, time-series zooming to understand anomalies, etc.

  • Metadata Layer

It makes the process of reporting less cumbersome as it eliminates the requirement of coding and SQL. This enables business executives to access information in a more comprehensible business language.

  • Ranking Reports

As the name suggests, this feature of business intelligence software helps categorize things in order. A businessman or executive can create a list of top 10 most selling products, products that are least performing, etc. with the assistance of the software.

Why Do You Need a Business Intelligence Tools (BI)

With the exponential growth in the amount of data generated and stored by companies, the need for an effective and efficient solution becomes paramount. Data needs to be securely stored and circulated to the right people to enable good decision making. As discussed earlier, data without proper interpretation is useless; a BI solution helps a company to properly interpret data. The software also secures the data through high-level encryption to protect it against data thieves and hackers.

In an ideal scenario, valuable data related to the company’s activities are stored in massive spreadsheets or servers. This data with the help of best business intelligence solutions provide the manager with information related to consumer behaviour, sales pattern, and resource allocation. The accumulated data can be used to predict a company’s growth for the next financial year.

The traditional methods of gathering data such as interviews, questionnaires and surveys, observations, focus groups, ethnographies, and more were time-consuming and strenuous. That posed the need for best BI solutions to automate and streamline the process of identification, accumulation, and analysis of data. The implementation of business intelligence software is on the rise as an increasing number of companies are adopting the solution to expedite growth and have a clearer insight into the financial position of the company. 

Benefits of Business Intelligence Software

Over the past decade, growing demand for business intelligence software has been observed. This is mainly because of the huge amount of data continuously being accumulated and the need to process it to obtain key business information. Some of the benefits that a business intelligence software provides to a company or an organization are as follows:

  • Actionable intelligence

The key to the fame of best business intelligence solutions in today’s business is its ability to provide actionable intelligence. Actionable intelligence is information that can be acted upon with business intelligence software. Business intelligence software provides a company or organization with the ability to better target the market and excel over the competition.

  • Information integration

In traditional business operations, data comes from everywhere and they often get trapped in different silos. The best business intelligence solution help eliminate this hurdle by integrating data coming from all operations and storing it in one centralized system. The best business intelligence solution helps in better forecasting potential opportunities or risks in the future.

  • Quicker response

Due to evolution in business intelligence software which earlier needed specialists to extract meaningful data to today’s best business intelligence solutions which are highly advanced and can be operated by a person with limited IT skills. The business intelligence software can be accessed from multiple locations providing the different departments with real-time access to data.

  • Sales personalization

In today’s digital economy, the contribution of best business intelligence solutions to the overall success of businesses cannot be denied. The best business intelligence solutions with the help of customer data help in the delivery of personalized products.

  • Real-time decision making

As discussed earlier, BI software helps centralize all data, providing managers with a holistic view. A centralized database can be accessed from anywhere by using business intelligence software at any time enabling real-time decision making based on concrete facts.

  • Data visualization

Business operation reports can be difficult to understand hampering an organization’s ability to act on key information. One of the most important benefits of business intelligence software is its ability to effectively visualize data. Best business intelligence software solutions provide intuitive data visualization capabilities help in easy understanding and interpretation of data.    

Things to Look for in a BI Tools

Today, the software market is swarming with vendors selling different types of business intelligence software. It creates some difficulties for the buyer like which product to choose, what features should be there in a BI software for their industry, etc. These are some of the things to look for in business intelligence software.  


Ease of use and implementation

Traditional business intelligence solutions have always lagged behind when it comes to intuitive design; but, the new and modern business intelligence software is as easy to use as a smartphone. The earlier versions of business intelligence software required a lengthy system implementation process, this was eliminated with the advent of modern SaaS solutions. Therefore, one of the most essential things to look for in the best business intelligence solution is the ease of usage and implementation.  


Industry-specific

It does not make sense for an automobile company to use the best business intelligence solution that is designed for an education business or vice-versa. Every industry is different in its operations and data. Domain expertise in business intelligence software allows a company to analyze data according to the particular business type. It takes note of key operations that may not be there in other industries.     


Unified data sources

If the data is obtained from different sources its analysis becomes difficult. The biggest hurdle that a business encounters with data accumulation is recognizing the right data to be collected. The best business intelligence solution helps resolve these issues and also provides insight from disparate databases in the dashboard. The best business intelligence solution must analyze all data generated by a business.   


Real-time

Traditional software tools are highly unreliable as they fail to provide information at the right time when it’s most needed. Best business intelligence solutions are capable of providing comprehensive reports in real-time that can help a manager make quick decisions. 


Cross-functional

A business intelligence software should be accessible by all the departments of the organization. Management, finance, IT, operations, and others should be able to gain insights from the data. While purchasing the best business intelligence solution, be sure to choose a software that supports multiple users and control.  


Self-service

Older business intelligence software solutions had the CEO and other top executives relying on others for information. Self-service is a new trend that’s emerging in business intelligence. It means that executives can obtain the answer they require without the assistance of anyone else. New user interfaces of business intelligence software are making the use of software intuitive and easy.


Affordable

The best business intelligence solution must be within the budget of the organization. Traditionally, only big organizations used these types of software mainly because it was too expensive for small organizations to afford. Over the past decade, there has been a growing number of business intelligence software companies that are designing affordable SaaS-based solutions for small organizations. With the emergence of cloud-based applications, the best business intelligence solutions have become affordable for small organizations.

Industry-Specific Use of Business Intelligence Software


Bi Tool For Oil Industry

The oil industry has several uses for a business intelligence solution. The price of petroleum at the gas station is determined by per barrel price of crude oil. An oil company does not have control over the price of crude oil, but it can moderate its cost and increase its profit by paying less in marketing, distribution, and oil refining. A business intelligence software helps an oil company increase its profit and reduce costs. How does BI help an oil company in marketing? The per-barrel price of gas changes frequently within a day. It is essential that the marketing department keeps track of the price in real-time. A BI
the software helps an oil company do that among numerous other things.


Bi Tool For Retail Industry

One of the major issues with a retail business is inventory theft. Also known as “shrinkage” – the term inventory shrinkage means that a product gets lost between the time of order and POS (point of sale). Business intelligence solutions help the business owner by not just tracking the inventory lost, but also the retail stores which experience most shrinkage. The software also provides information as to which specific product disappears most. With the help of this information, the store owner can take necessary preventive steps to curtail shrinkage.


Bi Tool For Apparel Industry

The biggest worry point for an apparel business is to track the continuously changing trend in the apparel business. For a business of this sort, it is essential that all things run smoothly without any glitches. The companies can rely on business intelligence software and data visualization tools to save time during a trend transition. With the help of the BI tool, the company can analyze competitors, develop crucial questions, etc.

Business intelligence software is the need of the hour. Most businesses, whether big or small are relying on this software to stay ahead of the competition and offer better quality products to consumers. Business intelligence software tools are continuously changing, becoming better with the perpetual introduction of new more advanced features. With this, we can hope that the Business Intelligence software of the future will be exceptional and provide a new dimension to business.

Business Intelligence Software Price List In India

Business Intelligence Software Cost
Best Business Intelligence Software Price Ratings
Zoho Analytics ₹12390 /Month 4.5
Microsoft SQL Server Standard Edition (MOLP) ₹64172 5
Microsoft Power BI Pro (MOLP) ₹8193 4.2
Microsoft Power BI Pro (CSP) ₹779 4.3
Didger ₹32131 /year 4.7

FAQ iconBusiness Intelligence Software FAQs

There are several business intelligence tools for data analysis and some of the vendors are offre open source BI tools for one month free trial version. We recommeded few examples:

Here Is The Best Bi Tools List For Reporting System/Data Mining and Analysis

  • Microsoft Power Bi
  • SAP bi
  • Oracle bi
  • IBM Cognos Analytics
  • Zoho Analytics
  • Datapine
  • QlikSense
  • MicroStrategy
  • Sisense
  • Yellowfin BI
  • Looker
  • Clear Analytics
  • Tableau
  • Domo
  • Didger
  • Zepto
  • Daqri Worksense
  • Periscope Data

Business intelligence solutions have the following functions:

  • Analytical dashboard
  • Reporting to give a glimpse of past stats
  • Monitoring or real time business intelligence
  • Predictive analytics
  • Data visualization & warehousing
  • Data lineage tracking
  • Data preparation & cleaning

BI applications have the following prominent features:

  • Personalized Dashboards - Personalized dashboards help you see real time updates leading to faster decisions involving less errors.
  • Location Intelligence - This feature helps to showcase business intelligence system data as per geographical locations.
  • What If Methodology - With what if methodology, businesses can check for the viability of their decisions before they have made those decisions.
  • Interactive Reports - Interactive reports help businesses convert data into knowledge. Such reports help draw a better analysis for improved decision making

Open source BI tools are useful for businesses to make informed decisions. BI reporting tools make use of data given by customer service tools, sales performance dashboard, marketing analytics and other such data to present unified information for better decision making.

Business intelligence solutions are important for converting raw data into something that offers an analysis of market trends, customer behavior, pain points and key growth opportunities

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