Gartner has released its Magic Quadrant for Business Intelligence and Analytics Platforms. In this report Gartner evaluates 15 different BI and analytics platforms, assessing their completeness of vision and ability to execute.
Here are the best Gartner analytic softwares.
G2 Crowd
G2 Crowd is a peer-to-peer review site which aggregates user reviews for business software. A great place to compare the best business software and services based on user ratings and social data.
See some of the reviews on analytics platforms.
Other reports you can rely on include, BARC research on BI tools and Forrester research on BI tools.
Although the above reports explore the BI market in detail, in this article I’m going to share the top 20 business intelligence tools you should consider the next time you are implementing analytics and business intelligence (ABI) technology for your organization.
Microsoft Power BI
Power BI is a business analytics service by Microsoft. Power BI offers data preparation capabilities, visual-based data discovery, interactive dashboards, and augmented analytics. It is available as a SaaS option running in the Azure cloud, or as an on-premise option in Power BI report server or as a Power BI desktop for power users authoring dashboards requiring on-premise data sources.
Power BI is a leader in the BI industry according to Gartner’s magic quadrant report for the year 2021 and enjoys massive market reach through Microsoft Office. Some of the platform’s strengths include alignment with office 365 as well as pricing.
Website: powerbi.microsoft.com
Tableau
Tableau is a business analytics service offering visual-based exploration experience that enables users’ access, prepare, analyze, and present findings in minutes. Tableau is available in several product lineups which include, Tableau Desktop, Tableau Online, Tableau Server, Tableau Prep, Tableau Public etc.
Recently Tableau was acquired by Salesforce, which brings predictive capabilities to the platform in the form of Einstein discovery extension.
Tableau is a leader in the BI industry according to Gartner’s magic quadrant report for the year 2021 and some of the platform’s strengths include a powerful analytics user experience, customer enthusiasm and the Salesforce effect.
Website: tableau.com
Qlik
Qlik is an end-to-end cloud data integration and data analytics platform for modern business intelligence. It offers deployment flexibility, with enterprise SaaS and customer-hosted options including multicloud and on-premises installations, without limiting customers to any particular cloud.
Qlik is also a leader in the BI industry according to Gartner’s magic quadrant report for the year 2021, and it has a strong vision for machine learning (ML) and artificial intelligence (AI) driven augmentation.
Some of its strengths include, flexibility of deployment, data literacy and customer focus.
Website: qlik.com
SAP
SAP is a visionary in the BI industry according to Gartner’s magic quadrant for the year 2021. It offers augmented ABI functionality fully integrated within the SAP enterprise application ecosystem.
SAP analytics cloud is a cloud-native multitenant platform with broad set of analytics capabilities. Most companies that chose SAP analytics cloud already use SAP business applications.
Website: sap.com
Yellowfin
Yellowfin is an enterprise analytics platform that enables organizations extract transformational value from their data – it combines action-based dashboards, automated data discovery, and data storytelling into a single, integrated, seamless platform.
Yellowfin is a visionary in the BI industry according to Gartner’s magic quadrant report for the year 2021, and some of its strengths include innovative product vision, openness, and comprehensive product functionality.
Website: yellowfinbi.com
Sisense
Sisense provides an end-to-end analytics platform that supports complex data projects by offering data preparation and visual exploration capabilities and augmented analytics.
Sisense is a visionary in the BI industry according to Gartner’s magic quadrant report for the year 2021, and one best known for its success in embedded analytics. It has a comprehensive partner program and a strategic partnership with Amazon Web Services (AWS).
Website: sisense.com
TIBCO Software
TIBCO is a visionary in the BI industry according to Gartner’s magic quadrant report for the year 2021 and one with mature product capabilities. Its TIBCO Spotfire offering has a strong presence in the life sciences, high tech manufacturing, transport and logistic, and energy sectors, but less momentum outside its installed base, relative to other vendors.
Some of its strengths include product capabilities for advance analytics, scalability and enterprise readiness, and vision for data and analytics market convergence.
Website: tibco.com
SAS
SAS is a statistical software suite developed by SAS institute for data management, advanced analytics, multivariate analysis, business intelligence, criminal investigation, and predictive analytics. SAS offers visual analytics on its cloud-ready and microservices-based platform, SAS Viya. SAS visual analytics is one component of SAS’s end-to-end visual and augmented data preparation, ABI, data science, ML and AI solution.
SAS is a visionary in the BI industry according to Gartner’s magic quadrant report for the year 2021. Some of its platform’s strengths include end-to-end platform vision, augmented analytics, and global reach with industry solutions.
Website: sas.com
ThoughtSpot
ThoughtSpot is an innovative business-intelligence analytics search software. Its appeal in the analytics business-intelligence platform market is primarily to buyers looking to add NLP (natural language processing) and augmented analytics in order to reach a wider range of users.
ThoughtSpot is a visionary in the BI industry according to Gartner’s magic quadrant report for the year 2021. Some of the platform’s strengths include consumer centric vision and market recognition as a search specialist.
Website: thoughtspot.com
Looker
Acquired by Google Cloud, business intelligence software and biodata analytics platform, Looker claims to help businesses explore, analyse and gain real-time analytics. It combines all the company data and provides a 360 degrees view of the organisation and customers. Along with an interactive dashboard, Looker comes with unified metrics, version control, and best-in-class APIs. It uses multi-cloud hosting and an in-database architecture that can be scaled easily with enterprise-grade encryption. Further, Looker has been termed as a challenger in the Gartner’s 2020 list because of its powerful analytics platform.
Key Features:
- Helps in defining the metrics to drive business while gaining single-point access to trustworthy data.
- Ability to connect directly to the database with no data extracts and no software downloads.
- Expert-approved Google Marketing Analytics Suite.
Check out the tool here.
MicroStrategy
An enterprise-based business analytics and mobility platform, MicroStrategy builds and deploys analytics and mobility apps for businesses. Its open business intelligence software builds customer grade intelligence applications, empowers businesses with data discovery, provides augmented power analytics and supports mobile BI. It also comes with data mining and predictive analytics capabilities with a comprehensive library and open source tools for data visualisation. It is recognised as a challenger by Gartner Magic Quadrant 2020.
Key Features:
- Self-service on governed data with Dossier.
- Augmented Power BI with MicroStrategy 2020.
- Can deploy its mobile intelligence for every user on any device.
Check out the tool here.
Domo
Domo, a cloud software company that gives businesses the ability to have self-service analytics and IT security with scale and governance. With Domo Business Cloud, organisations can dynamically integrate data from various sources and turn it into live visualisations. Further, it can also be integrated into the workflows and applications that empower the entire business. Its data integration capabilities unleash dark data from cloud systems through 1,000+ adaptive and bi-directional connectors and help enterprises make better decisions with predictive tools and AutoML. The platform has been recognised as a niche player by Gartner Magic Quadrant 2020.
Key Features:
- The business cloud serves fast-paced data intelligence.
- Provide access to well-governed BI power to business users.
- Build on and extend Domo’s open cloud platform to create custom solutions.
Check out the tool here.
Also Read: 7 Business Intelligence Tools Every Enterprise Must Use
Datapine
Datapine provides a business intelligence software that allows non-tech employees to perform data visualisation and share data with their business leaders. With all-in-one data integration, the software enables businesses to connect all the organisation’s data sources in one centralising place. It comes with interactive dashboards and an advanced expression library that helps users analyse data sets with SQL knowledge. Further, it leverages artificial intelligence and machine learning for pattern recognition alert and threshold alerts.
Key Features:
- Drag and drop user interface with powerful filters.
- Build and run SQL queries by drag and drop.
- Data alerts have been designed with an AI algorithm using the most advanced neural network for anomaly detection.
Check out the tool here.
IBM Cognos Analytics
A web-based business intelligence suite developed by IBM, Cognos Analytics is fueled by artificial intelligence and supports an organisation’s entire analytics cycle. Its BI solution can clean and connect the data to create stunning visualisations and showcase your business performance. It also comes with a Cognos mobile app that gives real-time insights at-a-glance straight to the customers’ phone. It uses its built-in AI to accelerate and improve blending data or finding the optimal tables for a particular model. Artificial intelligence helps uncover the hidden trends and provides the facts behind an organisation’s data and delivers insights in real-time. Gartner recognised Cognos Analytics as one of the niche players in the Magic Quadrant.
Key Features:
- AI-assisted data preparation.
- Ability to create dynamic dashboards easily with drag and drop feature.
- Use an AI assistant to get an answer to your question in a visualisation mode.
Check out the tool here.
Clear Analytics
With a motto — Make everyone a power analyst, Clear Analytics, provides powerful business intelligence using Excel. It also offers fast and easy no-training and no-migration integration and easy ways to share the data securely. Its intelligence platform maintains governance, monitors data utilisation behaviour and ensures infrastructure security by improving data quality and delivery. Additionally, it comes with a drag and drops feature that enables non-technical business users to explore data. Its AI capabilities and automated platform eliminate common errors and maintain a virtual link between data and its source.
Key Features:
- An intuitive query builder built right in Excel enables non-tech folks to explore data.
- Ability to drag and drop data from your trusted data-sources right onto Excel.
- Centralised access control and full traceability for IT.
Check out the tool here.
Conclusion
According to Gartner, “The data analytics market is experiencing significant change driven by the shift from traditional business intelligence (BI) and reporting tools to self-service analytics (SSAS), sophisticated interactive dashboards, and cloud service delivery models”. Gartner expects that “by 2020, 80% of all organizations that employ analytics will need support from professional data science to generate revenue through insights