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Table of Contents

What are the Different Types of Business Intelligence Tools? ...... 3

A Quick Note on Data Governance .............................................................. 3

Survey Results – What the BI Software Buyer is Searching For ... 4

Advanced Analytics Features Are Viewed as Amenities, Not Necessities ... 5

Basic Features Are The Most Desired ......................................................... 5

Deployment .................................................................................................. 5

Other Needs ................................................................................................. 5

101 Examples: BI Tools in Action ..................................................... 6

10 Key Business Intelligence Features ............................................ 10

The Top Business Intelligence Tools Buyers Plan on Using ......... 12

Tableau ......................................................................................................... 13

Qlik ............................................................................................................... 14

Microsoft Power BI ....................................................................................... 15


SelectHub BI Tableau Competitors Report 2019

Dundas BI .................................................................................................... 16

Sisense......................................................................................................... 17

Information Builders WebFOCUS BI ............................................................ 18

Oracle BI ...................................................................................................... 19

SAP BusinessObjects .................................................................................. 20

MicroStrategy Analytics ................................................................................ 21

SAS Business Intelligence ........................................................................... 22

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What are the Different Types of Business
Intelligence Tools?
Data, data, data … that’s all we’re hearing tools, you should never feel limited by what
about nowadays. Big Data, data mining, data you can do.
scientists and the like appear at the top of
Google searches and blog headlines more A Quick Note on Data Governance
than ever before, and with good reason. The
business leaders of today, in every industry, A successful business intelligence strategy
have discovered how to use their data to its begins even before implementation. It entails
fullest potential. So, what are business a good data governance policy. Data
intelligence tools and what business cleansing is essential before feeding it into
intelligence systems are available now your BI tool, because good data analytics is
anyway? Understanding different types of useless when performed on bad data. But a
business intelligence tools is now more governance policy goes beyond mere data
attainable than ever. cleansing.

The proper utilization of data shouldn’t be, nor It also involves securing the data. What levels
is it, exclusive to the top players. Business of encryption do you use for data at rest?
intelligence (BI) tools have given companies What are your access policies and
of all sizes access to powerful data analysis procedures? What are the consequences for
capabilities. Receiving insights and finding failing to adhere to policy? All of these things
trends is essential for businesses to scale and go into a solid data governance program, and
adapt as the years go on, which is exactly upon that you can build a strong governance
what business intelligence software does. The policy for your business intelligence systems.
best thing about these software solutions,
however, is that their potential uses are
practically unlimited.

SelectHub BI Software Report 2019


There are six million ways to BI… at least,
that’s our (very) rough estimate. And the
different types of BI reports

are almost as numerous as the uses for BI.


What you can do with your data and a good
BI system is limited by one simple barrier:
your creativity. You can aggregate user data
to provide product recommendations, similar
to Amazon. Or, you can identify your
company’s peak revenue times. You can also
find the ROI of your CRM. Or track employee
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retention. Point is: with various types of BI
Survey Results – What the BI Software
Buyer is Searching For
Based on survey responses from representatives of over 600 businesses
from a variety of industries, we’ve made a list of the top features business
intelligence software buyers are looking for in recent months.

Their answers provided us with data on the features most desired by


those in the market for a business intelligence system.

SelectHub BI Software Report 2019

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Survey Results – What the BI Software
Buyer is Searching For
Advanced Analytics Features Are organize data into an easily digestible format,
Viewed as Amenities, Not so it’s easy to see why this is a requirement of
an overwhelming majority of buyers.
Necessities
Visualizations stood out as another important
BI software buyers expect advanced analytics
feature for BI system buyers. Visualizations
features from their BI tools. Of those
organize and present data in a format that
surveyed, 42 percent requested predictive
can be understood and utilized by people of
analytics, 32 percent wanted data mining and
all levels of BI skill sets. The feature was
20 percent expressed interest in extract,
mentioned in 81 percent of responses.
transform and load (ETL) capabilities.

Deployment
Of the respondents who didn’t specifically
request the above features, a significant
Users surveyed were consistently open to
portion listed them as “nice to have in the
either cloud-based or on-premise forms of
future.” For instance, while 42 percent
deployment — 69 percent said they didn’t
required predictive analytics, another 16
have a preference. Of those who were set on
percent thought that feature would be useful
a deployment method, 23 percent preferred
to implement in the future. There was a
cloud and eight preferred on-premise.
similar trend with data mining (14 percent
thought it would be something they’d be
interested in) and ETL (6 percent). Other Needs

The comparatively low numbers of users who Some other features requested by survey
requested these features may have a root in respondents include ease of use (28 percent),
integration (23 percent), data warehousing

SelectHub BI Software Report 2019


lack of awareness and understanding of the
benefits they can offer businesses. There (five percent) and mobile access (four
could also be an element of overpacking BI percent).
with features: many of these functions —
especially data mining and ETL — are more
focused on Big Data and may not be useful to
When it comes to business intelligence,
SMBs.
it’s all about the features. Overall, a
majority of respondents want basic
Basic Features Are The Most
functions (reporting, dashboards, etc.)
Desired from their business intelligence software.
But many buyers also showed interest in
Of our survey respondents, 90 percent said
more advanced analytics capabilities like
dashboarding was a BI key feature.
predictive analysis, data mining, ETL, 5
Dashboards satisfy the need to process and OLAP and drill-down functions.
101 Examples: BI Tools in Action

We know we said there are about six million ways to use BI, but we didn’t want to list ALL of them.
Just like there are different types of business intelligence systems, there are plenty of different
ways to apply them. You’d probably get tired before finishing the full list. So we shortened it down
to a much more manageable 101 uses, which you can peruse to find some of the best uses of BI
software:

● Schedule regular automated reports ● Visualize supply chain data over time
● Automatically share reports with clients ● Analyze the results of your marketing
efforts both over time and in real time
● Visualize inventory and sales in real time
● Optimize employee scheduling based
● Pull data from multiple databases
on your highest and lowest foot traffic
● Analyze eCommerce sales in real time times

● Integrate with cloud computing services ● Analyze commonalities in routes for


like AWS various truck types, bridge weight
ratings, and more
● Pull and analyze data from a CRM
● Provide clients with self-service data
● Data mining for deep layers of analytics
visualization capabilities
● Create embedded dashboards in a
● Pull and analyze data from a LMS
separate internal system
● Create custom types of business
● Provide historical analysis on payroll,
intelligence reports via drag and drop
benefits and other employee HR data
functionality

SelectHub BI Software Report 2019


● Embed and/or generate professional
● Create ad hoc eCommerce sales
reports for clients
reports
● Create predictive analytics dashboards ● View data trends in real time
and data visualizations
● Provide every location with access to
● Transform various types of data into a the same data, reports and reporting
standardized format tools
● Predict trends using data forecasting to ● Create dashboards that display
help with loss prevention efforts real-time inventory data
● Assess distribution statuses on-the-go
with a mobile device
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101 Examples: BI Tools in Action

● Pull together different types of data ● Use drill down capabilities to find
including financial, practice procurement inefficiencies
management, HR and more
● Set marketing goals using predictive
● Use for data warehousing client data analytics

● Predict future retail sales with demand ● Provide remote access to your field
forecasting sales teams so they can use real-time
data analytics in the field
● Aggregate and analyze customer
survey results ● Provide multiple users access to
ensure data consistency
● Provide clients access to custom
company-wide
dashboards of their data
● Evaluate the effectiveness of
● Use your BI tool for data warehousing
cybersecurity procedures
employee data
● Track employee skill development
● Pull data from SQL servers
● Pull and analyze data from a marketing
● Find distribution inefficiencies
automation software
● Report on a diverse set of KPIs
● Find warehouse operation
● Set revenue goals using predictive inefficiencies
analytics
● Pull and analyze data from an
● Find the most efficient transportation EMR/EHR system
management systems for your supply
● Set sales goals using predictive

SelectHub BI Software Report 2019


chain
analytics
● Pull and analyze data from a CMMS
● Compare compliance processes of
● Integrate with multiple data different locations
warehouses
● Analyze customer demographic data
● Track the ROI of your SCM system
● Evaluate membership growth over time
● Compare the effectiveness of new
● Customize and integrate your BI tool
distribution strategies to old strategies
into an open-source system
● Create a 360-degree view of financial
data trends
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101 Examples: BI Tools in Action

● Automatically process, analyze and ● Report on the allocation of distribution


visualize large amounts of data in real resources
time
● Pull and analyze data from a WMS
● Create multiple presentation-worthy
● Report the results of a risk analysis
reporting templates
● Track market changes
● Track the different stages of production
and distribution over time ● Create multiple ad hoc reporting
templates
● Pull and analyze data from HR
software ● Pull and analyze data from SCM
software
● Find supply chain inefficiencies
● Track the ROI of your CRM
● Create custom dashboards for each
department based on their individual ● Discover customer buying trends which
needs can be used for customized product
recommendations
● Track the ROI of your HR software
● Track student performance over time
● Process sales pipeline data, social
data, and user interface data ● Optimize appointment scheduling
based on the most and least popular
● Allow clients to create their own
appointment times
custom reports with their related data
● Discover cases of potential fraud with
● Centralize company-wide data analysis
trend analysis

SelectHub BI Software Report 2019


● Pull and analyze data from an
● Find the best location to open a new
inventory management system
store or office based on market data
● Compare results of A/B tests
● Evaluate student geographic data
● Track employee retention
● Automatically organize all your data in
● Segment customers and prospects one location, rather than multiple
spreadsheets
● Discover the trends behind the peaks
and valleys in revenue ● Set next year’s budget using predictive
analytics
● Discover the best times for employee
recruitment ● Reduce overhead warehousing costs
by identifying inefficient processes
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101 Examples: BI Tools in Action

● Develop reports on cybersecurity

● Track and compare the distribution


time of various locations

● Discover the peak times for


membership and other sign ups

● Monitor web traffic specific to different


marketing campaigns

● Evaluate eCommerce cart


abandonment rates

● Compare your competitors’ growth


over a given time with your own

● Assess how often departmental and


organizational goals are met

● Analyze patients’ medical data to find


patterns and correlations in their
symptoms

● Discover trends in inventory usage and


stock
Zero in on the best Business Intelligence
systems for your company. ● Predict upticks in inventory usage

SelectHub BI Software Report 2019


● Monitor compliance issues and track
Unlike some ratings, SelectHub product
instances of compliance failures
ratings are taken from multiple sources
including top analysts and actual buyers of ● Identify which departments are viable
human resource management for cost cutting and which are
software—ideal for your shortlist. untouchable

Over 100 BI systems evaluated! ● Find correlations between revenue and


outside influencers such as weather,
power outages, etc

View Leaderboard Report

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10 Key Business Intelligence Features
Here’s our recommended list of the 10 key make smarter, faster and better decisions.
features of business intelligence tools that will
help any organization improve their business 4. Interactive Reports
strategies.
Interactive reports allow users to condense
Read on for insight into the most important the massive amounts of collected data into a
features of business intelligence applications wide variety of possible views. Users can take
that organizations want, based on our advantages of features like statistical analysis
research gathered from surveys with real and regression to identify trends, anomalies
business intelligence software buyers. and outliers in the data.

1. Ranking Reports 5. Geospatial Mapping

Ranking reports let you easily view the best- Applications using location intelligence can
and worst-performing facets of your business, take your information and transform it into
from products to marketing campaigns to graphical and cartographic representations,
salespeople. You can view rankings across simplifying your geographical data. At a
multiple dimensions and specify various glance, judging which regions are performing
criteria to focus your results. better than others — and which ones need
particular attention — becomes much easier.
2. What-If Analysis
6. Operational Reports
If you’re curious about how a future decision
will affect your business, you can run a At the end of each day, business intelligence
“what-if” analysis using past data to predict features like these can provide your

SelectHub BI Software Report 2019


the potential impacts. Tools for what-if organization’s executives with a detailed
analyses give you an objective view of the summary of the daily events, giving them the
risks and rewards involved in each potential information they need to make critical
decision, and allow you to plan better for the decisions.
future.
7. Pivot Tables
3. Executive Dashboards
Pivot tables can automatically extract
If Executive dashboards give your significant features from a large, messy set of
organization’s leaders a real-time overview of data. They can perform calculations such as
your business in the form of graphs, charts, sorting, counting or averaging the data stored
summaries and other information reports. in one table, and show the summarized
They allow your company’s executives to results in another table. Pivot tables are 10
10 Key Business Intelligence Features
essential tools for analyzing information and your BI platform is able to integrate as many
uncovering hidden trends. different types of data as possible under a
single roof, seamlessly combining disparate
8. Ad-Hoc Reports forms of information into an actionable report.

Instead of burdening your IT department with Match up these critical features with
requests for detailed reports, ad-hoc reports your own BI requirements to find the
are one of several important features of BI ideal BI platform for your
that let your nontechnical end-users generate
organization.
their own reports on the fly. Users can pick
and choose the elements that they wish to be
● Set priority levels for your requirements
included in the report, emphasizing only those
that are reflected in your report
aspects that are relevant to their query.
● Compare any BI systems meeting your
criteria, side-by-side
9. User-Specific Security
● Get in-depth details of any system,
including pricing
If you need to restrict certain users’ access to
● Download a custom report of the best
particular data sets, your BI tool should allow
systems matching your needs
you to personalize your BI features and
applications to individuals or groups of users.
Some solutions provide user-specific data
sources, where a single application pulls from
different sources of data depending on who’s Create Free Custom Report
using the application.

SelectHub BI Software Report 2019


10. Open Integration

Smart BI platforms will be able to access not


only your organization’s own data, but
information from email, social media,
websites and more. For example, instead of
only providing your internal sales data, your
BI platform could accompany that information
with reviews and comments about your
products.

With so many data formats and so many


applications to pull from, it’s important that 11
Top 10 BI Tools
Evaluated by SelectHub
You didn’t think we’d give you all this information and leave you
without some recommendations, did you? If you’re in need of the
tools of business intelligence, check out some of our top
recommended vendors, taken from our BI software leaderboard.
Tableau Request Pricing / Demo

SelectHub BI Software Report 2019


One of the most popular types of BI tools, Tableau is a commonly sought-after BI
platform. It’s simple enough that non-technical users can easily create customized
dashboards and other reports to find valuable insights. Tableau is so popular that
many people consider it the de facto BI tool and search to understand the difference
between Tableau and the competition.

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Qlik Request Pricing / Demo

Among the best tools used in business intelligence is Qlik, with it’s guided tool,
QlikView, and self-service business intelligence tool, Qlik Sense. This powerful

SelectHub BI Software Report 2019


program offers fully interactive data operation, which allows users to explore data at
all times during input, processing and output.

QlikView also offers a system memory function that displays every action that took
place during analysis. QlikView is an extremely powerful BI tool with solid
performance all around. It is available on mobile platforms, which provide the same
interactive analytical tools, intuitive associative search and excellent visualization
available to desktop users.

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Microsoft Power BI Request Pricing / Demo

Microsoft Power BI earned a top score on our leaderboard in several areas, including
interactive visualizations, predictive analytics, mobile access, export of analytics
reports, big data integration and storyboarding, ensuring this solution is a powerful
data visualizer. This solution offers one of the more affordable options, with a free
(but limited) version in addition to their basic package.

SelectHub BI Software Report 2019

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Dundas BI Request Pricing / Demo

With the Dundas BI solution, users can get data ported to any device and connect
relational database, web services, Excel and other formats. Features for new
versions include data generators, new data transformation tools, scaling modes and

SelectHub BI Software Report 2019


quick filters. Dundas bills its product as offering fast, self-service BI and a choice of
on-the-fly or single-click in-memory analysis, as well as a leading data visualization
tool. Part of the appeal of this tool is its innovation in displaying aggregate data.

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Sisense Request Pricing / Demo

The Sisense BI platform provides one of the most popular, and one of our top-rated,
all-in-one BI solutions. This solution offers a user-friendly interface, powerful data
visualization tools and interactive dashboards designed for quick and easy use.
Sisense also includes in-memory database tools and SQL server integration, so that
no matter where your data is, you can analyze it. Or rather, Sisense can analyze it.

SelectHub BI Software Report 2019

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Information Builders Request Pricing / Demo
WebFOCUS BI

By fueling a proactive business culture, WebFOCUS BI from Information Builders


allows you to consistently make smarter choices. This product is a unique and
different BI because it allows not only your employees, but also your customers,
access to its platform. Your customers can have access to easy-to-use apps for
better organization and more informed business decisions. For added flexibility, this
platform can be deployed both on-premise and on the cloud.

SelectHub BI Software Report 2019

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Oracle BI Request Pricing / Demo

Oracle BI is another top solution. While Oracle shares commonalities with QlikView, it
also boasts especially strong geospatial visualization capabilities, including advanced
mapping controls and fantastic dashboard integration. In addition, it performs

SelectHub BI Software Report 2019


exceptionally well when exporting analytics reports.

With Oracle BI, users can easily and intuitively interact with each other; view reports
online; and publish, send and schedule reports to a variety of outputs such as SMS.
While Oracle has limited benchmarking capability, its Scorecard and Strategy
Management features allow users to establish goals and measure their success over
a period of time, while also communicating progress and information to the entire
organization.

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SAP BusinessObjects Request Pricing / Demo

SAP BusinessObjects received a perfect score in Hadoop, exporting analytics


reports, mobile access and storyboarding, with strong performance in visual
querying, geospatial integration and interactive visualizations. However, its

SelectHub BI Software Report 2019


benchmarking capabilities are very limited, as is its ability to monitor regulatory
compliance. That said, it’s still a powerful analytics tool for finding game-changing
insights.

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MicroStrategy Analytics Request Pricing / Demo

SelectHub BI Software Report 2019


For users who want a customized interface, the MicroStrategy Analytics platform may
be the right choice. Since the company is known for its excellent personalized
customer service, this is a good choice for companies and individuals new to BI
software. The platform provides helpful insights through customized dashboards and
powerful analytics tools.

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SAS Business Intelligence Request Pricing / Demo

To get simple answers from complex data analysis, SAS Business Intelligence is a

SelectHub BI Software Report 2019


good platform choice. With fast processing and guided exploration, you can see a
clear picture of the information you need instantly. Learn to build better models with a
simple feature based on tested techniques, and put the models into service faster
without any headaches.

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BUSINESS INTELLIGENCE TOOLS

For Software Selection Assistance


Call: 855-850-3850
selecthub.com

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