Top 54 BI & Analytics Software

2022's Best 54 BI & Analytics Systems

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1. Domo

  • Best for: Small, medium and large size businesses
  • Price: starts at $175 per user/month
  • Oct 31, 2022
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Domo is a business intelligence and executive management software solution for your business. The software was designed by Domo Technologies headquartered in Utah, United States. It provides creative solutions for better data management and also offers CRM and reporting services. 


2. Qlik Sense

  • Best for: SMBs
  • Price: starts at $30 per user/month
  • Nov 09, 2022
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QlikView is cloud-based data management & analytics system that is built to help users transform their entire business. The software offers four integrated modules namely; BI & Analytics platform, Embedded Analytics, Enterprise data management, and Developer resources.


3. SuiteAnalytics

  • Best for: Small, medium and large size businesses
  • Price: starts at $499 per month + $99 per user
  • Mar 09, 2022
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NetSuite Analytics is a software solution that provides clients with real time BI or business intelligence for analysis and reporting, enterprise planning, e-commerce, customer relationship management or CRM, and all this with real-time dashboard data. The software uses cloud to give users a real-ti...


4. Sisense

  • Best for: Small, medium and large size businesses
  • Price: starts at $83 per employee/month
  • Mar 09, 2022
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Sisense is a business analytics software used for business intelligence. Main functions include information collection, analysis, organization and producing reports. The users of this software have the benefit of selecting the data that they would want to analyze. You dont have to be an IT guru to u...


5. IBM Cognos Business Intelligence

  • Best for: Medium and large size businesses
  • Price: starts at $10 per user/month
  • Mar 12, 2022
Compare IBM Cognos Business Intelligence Vs. Domo

IBM Cognos Business Intelligence is a growing cloud-based BI software, it is designed to support medium and large size business. IBM Cognos Business Intelligence received a rating of 4.1 from ITQlick team. The software cost is considered average (3.8/5) when compared to other solutions in their c...


6. Birst

  • Best for: Medium and large size businesses
  • Price:
  • Nov 17, 2022
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Birst is a Business Intelligence and analytics platform for medium to large businesses. Its key features include ad hoc reporting, charting, data import and export, visual analytics, customer service analytics, and more.


7. Balanced Scorecard

  • Best for: Small, medium and large size businesses
  • Price: starts at $125 per user/month
  • Mar 12, 2022
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Balanced Scorecard is a cloud-based and on-premise strategic planning & management system tailored for small size and medium businesses. The software helps organizations to communicate their goals, align their daily work with strategy, prioritize products, projects, and services, as well as measure ...


8. VisiStat

  • Best for: Medium and large size businesses
  • Price: starts at $49 per user/month
  • Mar 12, 2022
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VisiStat 8 Website Analytic is a cloud-based solution for web analytics and customer intelligence as it captures complex analytical data in real-time, and simplifies it specifically for SMB / SME. This enables well-informed business decisions which finally result in increased sale opportunities and ...


9. BioIntelli

  • Best for: SMBs
  • Price:
  • Mar 13, 2022
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BioIntelli is a cloud-based business intelligence solution that provides proprietary algorithms for big data analysis to businesses. The target customers of this product are the small business and mid-sized businesses.


10. Enterprise Edition

  • Best for: Large business
  • Price: starts at $150 per license
  • Mar 12, 2022
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Enterprise Edition is a cloud-based Business Intelligence software that enables its users to manage receipt and despatch stocks through a spreadsheet and manual control.


Pricing Guide - BI & Analytics Software:

Business Intelligence Tools Price Range

For business intelligence software, the price sits around $3,000 per year for a user. However, it is worth noting that this price range is associated with the medium offering or package from each software vendor; in essence, it is suitable for small & medium-sized businesses. More robust offerings have volatile pricings that are adjusted to suit large businesses.

Users are expected to pay between $10 to $75 for a single user account, depending on the offering level. Examples are Prisync pricing is priced at $60 per month, ClearView InFocus, which costs $25 monthly, and SEMRush pricing sit around $100 monthly. However, SAP Business Objects costs $14,000 per year but includes 10 user accounts.

Additionally, business intelligence software can be targeted at SMBs or large-sized businesses. However, there are others that are meant for any business size. The software that is apt for each business size and their prices are as follows:

  • Small Businesses can expect to pay between $10–$50 monthly for a single account business intelligence software. For BI software that includes multiple accounts, they can expect to pay between $300–$500 per month. However, some other vendors like Britix24, Manage Engine Analytics Plus, and BI360 offer their low-end package free for small businesses, although with limited features. Some BI software for small businesses are Competitors App, which costs around $7 per month, KlipFolio $50 monthly, and AnswerDock $20 per month.
  • Medium Businesses can expect to pay between $50–$500 for a business intelligence software, depending on the number of accounts on each offering. For instance, Tableau pricing costs $70 for a single account, while Funnel and CYS cost around $500 and $300 respectively for pre-set multiple accounts.
  • Large Businesses can expect to pay $500–$10,000 for BI software packages that include a large workforce and around $60 for a single account. For instance, Prisync ultimate package costs around $300 monthly per user but allows only a minimum of 10 accounts, which amount to $3,000. Also, ArcGIS costs $1,500, and IBI is priced around $150 per month.

The price range for BI best of breed are as follows:

  • Reporting Software This subcategory of BI software has a price that ranges from $10 and $45, depending on the offering level. For example, Agent360 Marketing Reporting pricing starts from $80 per month for 5 users, Syncfusion Bold Reports costs $200 per month for 5 users, Germain APM cost up to $30 per day based on APM unit.
  • Data Visualization Software The price for software in this category ranges from $10 to $50 per user monthly. On the other hand, some others are completely free to use. Google Charts, for example, comes at no fee. However, software like Qlik Sense costs $15 per month per user, while Power BI costs more than $10 monthly per user.
  • Dashboard Software Dashboard software pricing is usually divided into three tiers, which range from $9 to $12, $12 to $27, and above $30, respectively; the price is usually set based on the number of dashboards made available in a month. Some dashboard software with this similar price are Cluvio, which costs $280 for 50 dashboards monthly, Microsoft Dynamics 365, which costs $190 monthly per user for a number of dashboards. Others are iClassPro = $130 and ThortSpace = around $10 monthly per user.
  • Risk Management Software Many products in this category are priced on a yearly basis, which, in many cases, may be per user. They can also be divided into three categories, of which the lowest offering range from $70 to $400, medium offering from $400 to $10,000, and the ultimate package from $10,000 upwards. Some products have monthly pricing regardless; for example, Goat Risk, which costs $15 per user, and OneSoft Connect, which costs around $6 per user. An example of a product with yearly pricing is Analytic Solver, which costs $250 per user. Lastly, some risk management software have one-time fees, like IsoMetrix, which costs $34,000 for a buyout.
  • Embedded Analytics Software The pricing for embedded analytics software is often divided into three tiers, usually to suit small businesses, medium businesses, and large businesses. The price ranges from $10 to $15, $15 to $325, and above $325 for each respective tire. Stratifyd is an embedded analytics software with yearly pricing of $1,000 per user. Others are GoodData, which costs $2,400 per year, INFRAGISTIC Reveal, which costs around $10 per user per month.

11. SAP Predictive Analysis

  • Best for: Start up, Small business, Medium business, Large business
  • Price:
  • Mar 14, 2022
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SAP Predictive Analysis is an on-premise data mining, statistical analysis, and predictive analytics system that helps the users to unearth hidden insights within their data. The extracted data is then used to make precise predictions regarding futures events in the business and the market.


12. MongoDB

  • Best for: Medium business, Large business, Private use
  • Price: starts at $57 per month
  • Mar 13, 2022
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MongoDB software is a cloud-based NoSQL database as a service solution which allows businesses to operate from anywhere since it can be accessed, scaled, and deployed through the cloud. The platform assists in accelerating launching of new app and migration.


13. iSpionage

  • Best for: SMBs
  • Price: starts at $59 per month
  • Mar 20, 2022
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The iSpionage is a search engine optimization (SEO) intelligence tool providing users with significant SEO data about business competitors.


14. Grow

  • Best for: SMBs
  • Price: starts at $1,500 per month
  • Mar 20, 2022
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Grow is a cloud-hosted business intelligence (BI) software built to help businesses to become more data-driven and hasten their growth through inspiring strategic decisions and aligning the team objectives.


15. SAP NetWeaver Business Warehouse

  • Best for: Medium and large size businesses
  • Price:
  • Mar 15, 2022
Compare SAP NetWeaver Business Warehouse Vs. Domo

SAP NetWeaver BW is an integrated, cloud-based business intelligence software that offers data management and data warehousing tools designed for businesses of all sizes. The software enables businesses to pool together and format huge quantities of business data using an enterprise data warehouse.


16. Oracle Hyperion

  • Best for: Medium and large size businesses
  • Price: starts at $9,995 per license
  • Mar 15, 2022
Compare Oracle Hyperion Vs. Domo

Oracle Hyperion is planning software designed to support planning, forecasting and budgeting needs of large companies, and facilitate them in evaluating the business and making relevant decisions. This is an enterprise level suit manufactured by Oracle Corporation, with rich functionality and integr...


17. Entrinsik Informer

  • Best for: SMBs
  • Price:
  • Mar 20, 2022
Compare Entrinsik Informer Vs. Domo

Informer by Entrinsik is a cloud-based business intelligence solution that is designed for IT and business professionals. The solution core features include data scheduling, a dashboard, and analysis & report generation. Entrinsik Informer enables the user to extract data in real time from multi-val...


18. Tableau Desktop

  • Best for: SMBs
  • Price: starts at $70 per user/month
  • Apr 22, 2022
Compare Tableau Desktop Vs. Domo

Tableau is a cloud-based integrated business intelligence and reporting solution designed for small, midsize and large businesses. The solution helps the user analyze the critical business data as well as generate useful insights.


19. Tableau

  • Best for: Small, medium and large size businesses
  • Price: starts at $15 per user/month
  • Apr 21, 2022
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Tableau is a family of data visualization software designed for business intelligence that includes Tableau Desktop, Tableau Online, Tableau Server, Tableau Public and Tableau Reader. The Tableau suite is intended for viewing and understanding business data through interactive data visualization. ...


20. Logikcull

  • Best for: Small, medium and large size businesses
  • Price: starts at $395 per matter/month
  • Mar 21, 2022
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Logikcull is a cloud-based legal management software for small to large law practice related companies. Its key include drag and drop upload, automatic OCR (using ABBYY), privileged detection, and rendering to PDF, custom slip-sheets, bulk tag or even cull in a single click, and more.


21. Stimulsoft

  • Best for: Small, medium and large size businesses
  • Price: starts at $799.95 per year
  • Mar 11, 2022
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Stimulsoft is a cloud-based business intelligence solution for small to large companies. Its key features include data source connectors, drag and drop, drill-down reporting, financial reporting, sales reporting, and schedules and automated reporting.


22. SEMrush

  • Best for: Medium and large size businesses
  • Price: starts at $119.95 per month
  • Mar 23, 2022
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SEMrush is an SEO and site optimization solution for personal and commercial use. It also offers various keyword search, link management and competitive analysis services. It was designed and launched by SEMrush headquartered in Pennsylvania, United States.


23. SAP Analytics Cloud

  • Best for: Small, medium and large size businesses
  • Price: starts at $22 per user/month
  • Apr 12, 2022
Compare SAP Analytics Cloud Vs. Domo

SAP Analytics Cloud is a growing cloud-based BI software, it is designed to support small, medium and large size business. SAP Analytics Cloud received a rating of 4.3 from ITQlick team. The software cost is considered affordable (1/5) when compared to alternative solutions.


24. Manzama

  • Best for: SMBs
  • Price:
  • Mar 02, 2022
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Manzama Base is marketing software for small to large enterprises. It offers content management, a self-service portal, collaboration, cataloging/categorization, profile builder, email alerts, and more features.


25. Datameer Analytics Solution

  • Best for: Start up, Small business, Medium business, Large business, Private use
  • Price: starts at $300 per license
  • Mar 22, 2022
Compare Datameer Analytics Solution Vs. Domo

Datameer is a Business Intelligence and data analysis software for small to large businesses. Its key features include data integration, data visualization, dynamic data management, open infrastructure, pre-built application, and self-service analytics.


26. SPSS

  • Best for: Small, medium and large size businesses
  • Price: starts at $99 per user/month
  • Mar 22, 2022
Compare SPSS Vs. Domo

SPSS is a predictive and statistical analysis solution designed for small and medium businesses. It offers different analytics tools for customers, operations and predictive analysis. The software, originally designed by SPSS, Inc., is a product of IBM Corporation headquartered in New York, United S...


27. Salient

  • Best for: Small, medium and large size businesses
  • Price: starts at $60 per license
  • Mar 22, 2022
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Salient Software is a cloud-based performance management and business analytics software designed for midstream organizations. It features midstream KPIs, BI Accelerators and MLP reporting packages and more.


28. Zoho Analytics

  • Best for: SMBs
  • Price: starts at $24 per 2 users/month
  • Mar 18, 2022
Compare Zoho Analytics Vs. Domo

Zoho Analytics is a business intelligence reporting software that does the market intelligence tracking for you. Through the use of algorithms that target only the most relevant information, your company will be able to figure out those new trends. Then it will create feasible plans and will help yo...


29. Hadoop HDFS

  • Best for: SMBs
  • Price: starts at $1,000 per license
  • Jun 01, 2022
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Apache HDFS is a business intelligence software that assists companies in sharing large files across various computing systems.


30. Amazon Repricing

  • Best for: Start up, Small business
  • Price: starts at $64 per account/month
  • Mar 18, 2022
Compare Amazon Repricing Vs. Domo

Amazon Repricing is a web based pricing optimization and analytics solution for businesses of all sizes. It helps in understanding pricing trends and offers business intelligence, in addition to other services. The software was designed and launched by Feedvisor LTD headquartered in Tel Aviv, Israel...


31. Paxata

  • Best for: Small, medium and large size businesses
  • Price:
  • Apr 08, 2022
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Paxata is a data preparation self-service software for analysts, technical teams, and businesses that transforms data into information. The software aids the preparation of data using smart algorithms and analyses business data for users.


32. Diffbot

  • Best for: Small, medium and large size businesses
  • Price: starts at $299 per user/month
  • May 09, 2022
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Diffbot is a data capture software designed to help businesses evaluate web pages, search articles, videos and content on the site and then automatically extract relevant page data.


33. Anaplan

  • Best for: Small, medium and large size businesses
  • Price:
  • Apr 11, 2022
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Officially launched in 2011, Anaplan is becoming one of the most prominent players in the budgeting software field, with a customer base increase of 500% in 2012 around the world, and clients such as Jive, Pandora, McAfee and Kimberly-Clark. Anaplan stands out with its scenario planning and power...


34. HasOffers

  • Best for: Small, medium and large size businesses
  • Price: starts at $599 per month
  • Mar 24, 2022
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HasOffers is a performance marketing and attribution analytics solution for businesses of all sizes. It offers such services as affiliate marketing, e-commerce, brand management, and others. The software was designed and launched by Tune Inc headquartered in Washington, United States.


35. DBMoto

  • Best for: Small, medium and large size businesses
  • Price: starts at $6233.50 per license
  • Apr 13, 2022
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DBMoto is a real-time data replication and capturing solution for businesses of all sizes. Its capabilities include data conversion, real-time data access, data migrations, and others. The software was designed and launched by HiT Software Inc headquartered in California, United States.


36. Lawson S3

  • Best for: Start up, Small business, Medium business, Large business
  • Price:
  • Apr 12, 2022
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Infor Lawson S3 is a supply chain management solution for businesses of all sizes. It offers such services as inventory management, warehouse management, sourcing, and others. The software was designed and launched by Infor headquartered in New York, United States.


37. HIRO™

  • Best for: Small, medium and large size businesses
  • Price:
  • May 04, 2022
Compare HIRO™ Vs. Domo

Hiro is a knowledge automation software designed to automate processes, perform, and complete tasks based on the knowledge provided by an employee. Automations made by this software are fully auditable, and the software work with existing data.


38. WorkFusion

  • Best for: Small business, Large business
  • Price:
  • May 18, 2022
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WorkFusion is an automation software designed to help businesses gain significant savings. It allows users to identify processes that need automation and then enables them to take action.


39. Klipfolio Dashboard

  • Best for: Small, medium and large size businesses
  • Price: starts at $99 per month
  • May 13, 2022
Compare Klipfolio Dashboard Vs. Domo

Klipfolio Dashboard is a web based business intelligence solution for businesses of all sizes. It offers such services as graphical data presentation, key performance indicators, and others. The software was designed and launched by Klipfolio Inc headquartered in Ottawa, Canada.


40. Grow BI Dashboard

  • Best for: SMBs
  • Price: starts at $1,500 per month
  • May 26, 2022
Compare Grow BI Dashboard Vs. Domo

Grow BI Dashboard is a Dashboard and KPIs software that allows businesses to prepare and store data, make and share unique insights, and build reports and amazing dashboards.


41. RJMetrics

  • Best for: SMBs
  • Price: starts at $500 per month
  • Jun 01, 2022
Compare RJMetrics Vs. Domo

Adobe Commerce is a cloud-based, Software as a Service Business Intelligence and analytics platform that targets decision-makers including CEOs, product managers, and performance marketers. It helps companies to acquire, retain and convert more customers.


42. Adbeat

  • Best for: SMBs
  • Price: starts at $249 per month
  • Mar 30, 2022
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Adbeat is a growing cloud-based Marketing software, it is designed to support small and medium size business. Adbeat received a rating of 4 from ITQlick team. The software cost is considered affordable (2/5) when compared to alternative solutions.


43. Microsoft BI

  • Best for: Start up, Small business, Medium business, Large business
  • Price: starts at $9.99 per user/month
  • May 22, 2022
Compare Microsoft BI Vs. Domo

Microsoft BI is a business intelligence solution that can help users to analyze data in an efficient way. The software is based on SQL server platform and can provide relevant reports without requiring any expensive IT support. Users can get access to the necessary data at the right time and make in...


44. Upfluence Software

  • Best for: Start up, Small business, Medium business, Large business
  • Price: starts at $795 per user/month
  • Mar 31, 2022
Compare Upfluence Software Vs. Domo

Upfluence Software is a cloud-based influencer marketing solution. The software allows the users to monitor their competition as well as know what the influencers are saying about their products.


45. Hindsite Software

  • Best for: Start up, Small business, Medium business, Large business
  • Price: starts at $102.99 per month
  • Jun 11, 2022
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Hindsite Software is an on-premise field service software that helps its users monitor outdoor services and field services that would require people to work on. It automates the processes of monitoring the fields.


46. Crystal Reports

  • Best for: Start up, Small business
  • Price: starts at $495 per license
  • Mar 31, 2022
Compare Crystal Reports Vs. Domo

Crystal Reports is an on-premise querying and reporting software that is installed on the Windows platform. This solution enables the user to write customized reports from various data sources, display KPIs, and other metrics, as well as visualize data in scorecards and dashboards.


47. FME

  • Best for: Small, medium and large size businesses
  • Price: starts at $3,000 per license
  • Jun 08, 2022
Compare FME Vs. Domo

FME is a cloud-based as well as on-premise data transformation and business intelligence software. FME offers services including but not limited to spatial analysis, image exploring, and labeling.


48. Deckard.ai

  • Best for: Small, medium and large size businesses
  • Price: starts at $9.89 per user/month
  • Jan 04, 2022
Compare Deckard.ai Vs. Domo

Deckard.ai is a project management software for software developers and their teams to organise and access documents and grants instant access to the project history.


49. Qlik Sense

  • Best for: Small, medium and large size businesses
  • Price: starts at $30 per user/month
  • Jul 16, 2022
Compare Qlik Sense Vs. Domo

Qlik Sense is a cloud-base3d as well as an on-premise statistical analysis software solution that enables the user to create interactive and graphical reports. In addition, the software also gives the ability to create dashboards with great visualization and in turn, simplifies the data analysis pro...


50. Hyperion Essbase

  • Best for: Small, medium and large size businesses
  • Price: starts at $9,995 per license
  • Jul 13, 2022
Compare Hyperion Essbase Vs. Domo

Oracle Essbase, which was previously known as Hyperion Essbase, is a cloud-based online analytical processing (OLAP) server software solution. The software provides its users with a platform and environment for developing tailored analytic and performance management applications which can be used to...


51. Adthena

  • Best for: SMBs
  • Price:
  • Apr 09, 2022
Compare Adthena Vs. Domo

Adthena is a cloud-based competitive intelligence solution that empowers brands from all industries to acquire more customers, and reach their full digital potential. Designed for medium-sized businesses and large enterprises, Adthena uses an artificial intelligence feature that provides a dynamic v...


52. Budget Maestro

  • Best for: Small, medium and large size businesses
  • Price: starts at $10,000 per year
  • Jul 04, 2022
Compare Budget Maestro Vs. Domo

Planning Maestro is a software for mid-market enterprises looking to better manage their businesses and improve on performance. It was developed by the Centage Corporation Company which has been offering its services since 2001.   Who Planning Maestro is best for Planning Maestro was developed to...


53. Address Doctor Web Services

  • Best for: Small, medium and large size businesses
  • Price:
  • Apr 04, 2022
Compare Address Doctor Web Services Vs. Domo

Address Doctor Web Services is cloud-based and an on-premise business intelligence software that is suitable for use in a small and medium-sized business. Address Doctor Web Services provides users with various financial and accounting information that shows them the progress of their business in re...


54. Cycorp

  • Best for: Small, medium and large size businesses
  • Price:
  • Apr 30, 2022
Compare Cycorp Vs. Domo

Cycorp is a reasoning and knowledge representation software designed for engineers to analyse and provides solutions to challenging business problems using domain knowledge.



A Buyer's Guide to BI & Analytics Solutions

BI & Analytics Buyer’s Guide
 
The acquisition of Business Intelligence (BI) software is a huge investment for any company or corporation. Ranging from around $100K up to more than $10M in software price alone, software that could analyze business big data to better understand the SWOT (strength, weaknesses, opportunities, and threats) of an organization definitely requires an intelligent purchasing decision. This BI Buyer’s Guide from ITQlick.com will walk you through the different angles of BI and give you some insights on how to acquire and implement BI software into your organization efficiently and effectively.
 
Also known as the decision support technologies, BI is consisting of the tools, systems, and processes that helps a business on its decision-making process related to marketing, product development, customer management, supply chain management, and the overall business planning in general. Dashboards and reports that talks about the performance of your business in real-time are just some of the key features a future BI buyer like should carefully scrutinize in a Business Intelligencesolution.
 
Types
Data mining, text analytics, web analytics, real-time monitoring, predictive analytics, and cloud data services are the technologies running behind BI. These technologies eliminate the hassles and dilemmas brought about by using legacy systems, manual spreadsheets, multiple accounts, and traditional periodic reporting. BI basically has five known categories that a buyer like should dig deeper into together with your management team. Let’s review them in brief.
 
Real-time
BI that is based on dashboards, with alert features, that can be modified by human users.
 
Tactical
Task-oriented BI ties the operational application with the system, also via the dashboard. It can be customized either as fully or semi-automated.
 
Investigative
Also launched from a dashboard, this BI has the flexibility to further drilldown or dig deeper into data to gather more specific information.
 
Traditional
Most companies are using the traditional enterprise-wide and departmental BI, also dashboard-based, but with features that are already lagging with technological innovations.
 
Third-party BI
Third party BI, like Google Analytics, is designed for a single purpose – measures website performance.
 
 
Features
BI software like of the Oracle’s Fusion Edition is not a one-size-fits all system. This edition is segmented into various analytics versions - CRM, ERP, Telecom, Financial Services, Insurance, Life Sciences, Consumer Goods, and Public Sector. The segmentation equates to specific BI solutions designed for specific application and as clearly enumerated, base on the industry that will utilize it.
 
Having highlighted this segmentation, almost all modern BI solutions have common features that characterized BI as a real intelligent application software. Let’s run over them one by one.
 
Executive dashboards
Real-time charts, pie graphs, meters, and time tables are what best describes a BI dashboard. Characterized by easily understood real-time data, a dashboard that can be personalized by business executives is one of the most important features to examine in any BI solution.
 
Location Intelligence
A geographical map showing the sales statistics per region is more than a Google Map with geotags. Data presented base on where they are as they happen is one of BI’s innovative features.
 
Analysis
It’s more than playing with the data. BI software enables business to formulate strategies base on the available data before a decision is made. The capability of BI to know in advance whether a business move will be feasible or not is a feature of precision and accuracy analysis.
 
Interactive reports
Three dimensional reports that can be scrolled down, maximized, and interact with is a powerful feature of most BI software. Reports that are converted to digestible knowledge support better decision-making process.
 
Metadata layer
Metadata layers are data in simplified business language form. Users of BI system can see and access data without the need for coding or programming. This BI feature is about the simplicity in understanding and interacting with business data.
 
Ranking reports
More than the Excel pivoting function is what a BI can do. Ranking reports feature allows you to customize reports that order specific categories of information.
 
Social Collaboration
Discussing the figures in a certain report in real-time is BI’s social collaboration feature. Equipped with collaboration and communication platforms, that’s business software most employees would want to love using.
 
Solutions per Business Size, per Vendor
Researching for the niche players, challengers and leaders in the BI market would be helpful in narrowing down your search for the right solution. An excellent source of information for the right software solution is ITQlick.com. With over 6700 listed business software on their website, you can definitely find what you’re looking for in BI software. They have their software experts to assess you business case and then recommend the right BI solution. Here’s an overview of what ITQlick.com has researched for you.
 
Among of the 2013 BI leaders are Tableau, Qlik, Microsoft, SAP, SAS, IBM, Tibco Software, and Oracle. Infor, Pyramid Analytics, Arcplan, Target, and Actuate belong to the niche players. Another good thing to explore in their website is the offered BI solutions by each player. Software directories, ebooks and buyer’s guide offered by ITQlick.com are excellent sources of information for the right vendor and BI solutions.
 
Pricing Considerations
The Total Cost of Ownership (TCO) of a BI solution is something that buyers like you should be very inclined with. The software, hardware, maintenance, services, enhancement, and support; all have their corresponding costs. Take closer look on these pricing considerations.
 
Hardware Cost = 33%-50% of the software cost
Hardware Maintenance Cost = 20% of hardware cost
Cost of Design and Implementation of Services:
  • < $100,000 in software = 100% in services
  • $100,000 to $500,000 in software = 300% in services
  • $500,000 to $2 million in software = 200% in services
Cost of ongoing maintenance, enhancements, and support = 20% of the software cost
As an example, Oracle’s BI Application for Sales Analytics software license cost is $5,800. The software update license and support costs $1,276. It requires a minimum of 20 users of the application. You can use this example as a way to compute TCO.
 
Market Trends
As a future buyer, getting adept with the trends and projections in BI will play an important role in optimizing your investment. In 2013, the worldwide spending on business Intelligence and analytics enterprise software was reported to be $14.4 billion. According to a report, 25% of new BI and analytics platform deployments will be in the form of cloud-based subscription. The trend therefore is on the use of Cloud BI.
 
The projection of some experts is that the enterprise data is expected to grow by 650% in the next five years. This is a clear indication that the need for BI software will also increase globally.
 
Despite of the positive growth forecast, most BI vendors will face global issues concerning the big data hype and challenges in the BI implementation process. On the other hand, the governed data discovery and analysis, which calls for information democracy, will be the focus of most BI vendors in the coming years.
 
Business Intelligence remained to be a reliable business partner in the sense that it continuously helps businesses in their goals – growth and profitability. And by becoming a smart buyer, these business goals will be far from being unreachable.
 
Finding the right BI & Analytics software for your business
Proper BI & Analytics software selections are the precursor to successful deployment and business growth. Finding the right BI & Analytics solutions doesnít have to be complicated, and it doesnít have to take days or weeks of your time.

After researching over 5,000 systems, we can identify the best solution for companies of all shapes and sizes. ITQlick.com is 100% free for software buyers.



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Author - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.