Top 12 Data analysis Software (May 2023)

2023's Best 13 Data analysis Systems

Shlomi Lavi / May 09, 2023

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1. Rapid Insight

Best for: Small, medium and large size businesses
Price: starts at $4,000 per year
Apr 27, 2022

Compare Rapid Insight Vs. Rapid Insight

Rapid Insight software is an on-premise Business Intelligence and data analysis suite that help companies to identify relationships in their data and create predictive models. The software suite incorporates three distinctive product modules namely; VEERA Construct, VEERA Predict, and VEERA Bridge.

2. Mobivity

Best for: Start up, Small business, Medium business, Large business
Price:
May 16, 2022

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We bring the toolbox and build the foundation, all you have to do is reap the benefit of more customers, more often. We provide you with the tools to market your campaign and build your database quickly. Get personalized coaching, support, and campaign guidance from your personal Account Coach. Easi...

3. AnswerDock

Best for: Small, medium and large size businesses
Price: starts at $19 per user/month
May 04, 2023

Compare AnswerDock Vs. Rapid Insight

AnswerDock is a data analytics and business intelligence software that has transformed the way organizations analyze their data. It is designed to make data analysis more accessible and intuitive, allowing users to gain insights from their data without requiring specialized technical skills or knowl...

4. Infoveave

Best for: Small, medium and large size businesses
Price: starts at $100 per user/month
May 07, 2023

Compare Infoveave Vs. Rapid Insight

Infoveave is a cloud-based data analytics platform that allows businesses to integrate, prepare, and analyze data from various sources. The platform uses machine learning algorithms and automation to help businesses discover insights, make informed decisions, and optimize their operations.

5. OQLIS

Best for: Small, medium and large size businesses
Price:
May 09, 2023

Compare OQLIS Vs. Rapid Insight

OQLIS is an innovative data analytics software company that provides businesses with a comprehensive platform for data analysis and visualization. The software was developed to help businesses extract insights from their data in a way that is user-friendly and accessible to all levels of technical e...

6. Big Data BizViz

Best for: Small, medium and large size businesses
Price:
Feb 26, 2022

Compare Big Data BizViz Vs. Rapid Insight

The Big Data BizViz is a powerful business intelligence/BI tool that gives users with great insights about the performance and opportunities for the business.

7. DataPlay

Best for: Small, medium and large size businesses
Price: starts at $140 per user/month
Feb 26, 2022

Compare DataPlay Vs. Rapid Insight

The DataPlay allows users to fully maximize data analysis, presentation and visualization via cloud. Part of its appeal is that it can be used with any device.

8. Databricks

Best for: Small, medium and large size businesses
Price: starts at $99 per month
Aug 23, 2022

Compare Databricks Vs. Rapid Insight

Databricks is a growing cloud-based Enterprise Integration software, it is designed to support small, medium and large size business. Databricks received a rating of 5 from ITQlick team. The software cost is considered affordable (2.2/5) when compared to alternative solutions.

9. Document Analysis SDK

Best for: Small, medium and large size businesses
Price:
Apr 08, 2021

Compare Document Analysis SDK Vs. Rapid Insight

Document Analysis SDK is a document management solution for businesses of all sizes. It helps in the embedding of document processing into various systems for better content management. The software was designed and launched by Focal Point Software Ltd headquartered in United Kingdom.

10. MapR

Best for: Medium and large size businesses
Price:
Aug 04, 2019

Compare MapR Vs. Rapid Insight

MapR is a trending cloud-based BI software, it is designed to support medium and large size business. MapR received a rating of 4.9 from ITQlick team. The software cost is considered affordable (2.2/5) when compared to alternative solutions.

Pricing Guide - Data analysis 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. FlexPro

Best for: SMBs
Price: starts at $55 per user/month
Sep 16, 2019

Compare FlexPro Vs. Rapid Insight

FlexPro is a leading cloud-based Field Service software, it is designed to support small and medium size business. FlexPro received a rating of 4.1 from ITQlick team. The software cost is considered affordable (2.1/5) when compared to alternative solutions.

12. DataWarehouse Explorer

Best for: Start up, Small business, Medium business, Large business, Private use
Price: starts at $850 per license
Oct 08, 2019

Compare DataWarehouse Explorer Vs. Rapid Insight

DataWarehouse Explorer is a business intelligence solution for businesses of all sizes. It offers such services as ad-hoc analysis, budgeting and forecasting, graphical data presentation, and others. The software was designed and launched by CNS International BV headquartered in The Netherlands. D...

A Buyer's Guide to Data analysis 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 Data analysis software for your business
Proper Data analysis software selections are the precursor to successful deployment and business growth. Finding the right Data analysis 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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Auditor - Shlomi Lavi

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.