Business intelligence (BI) tools are type of software that collects large amount of data which is unstructured. It helps user access that data and present in a proper structured way which is easy to understand. Business use these tools to make tactical and strategic decisions. However, best decisions can be made with selecting the best tool among many, so here is a compiled list of the best start up BI tools available.
5 Best Start-up BI Tools
- Microsoft Power BI – Best Start-up BI Tool that is affordable
- Clear Analytics BI – Best Start-up BI Tool for Small to Midsize Businesses
- ThoughtSpot BI tool – Best Start-up BI Tool for Instant Data Analytics
- ZOHO Analytics – Best Start-up BI Tool for self-service
- Google Data Studio BI Analytics – Best Start-up BI Tool for
1. Microsoft Power BI – Best Start-up BI Tool that is affordable
PRICING: Power BI is free; Pro is $9.99 and Premium is $20
Microsoft Power provides capabilities for information collection, analysis, visualisation, and sharing to non-technical business users. Customers that are familiar with Excel will find BI’s user interface to be quite intuitive, and its vast connectivity with other Microsoft products makes it an extremely adaptable self-service tool that requires little prior training. Analysis services, integration services, master data services, reporting services, and many client apps for creating and interacting with analytical data are all included.
KEY FEATURES:
- Data Security
- Cloud based SaaS development
- Quick Insight facility
- Access to real time information
- Quick access to reports
REASONS TO BUY:
- Easy to combine data
- Native R integration useful for advance data experts
- Familiar Microsoft Excel feature
- Good Performance and Security
- Affordable
- Custom Open-Source Visual
REASONS TO AVOID:
- Clustered User Interface
- Inflexible formulas
- Limited data volume
- Complex to use
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2. Clear Analytics BI – Best Start-up BI Tool for Small to Midsize Businesses
PRICING: Team Edition is $89 and Small Business Edition is $189
Clear Analytics is a data analytics tool that allows small and midsize business customers to execute self-service analytics in an Excel environment. The platform can consolidate data from a variety of data sources, whether they are in the cloud or on-premises. Excel’s Power BI tools can also be used to wrangle, model, and construct new calculations on the data for visualisations. Non-technical business users can construct ad-hoc reports and have secure ad-hoc access to data hidden in databases.
KEY FEATURES:
- Share data via different mobile devices
- Integration with Microsoft Power BI
- Dynamic Query Designer
Custom Dashboards for better Insights - Proper Governance and Compliance
REASONS TO BUY:
- Easy to use
- Value for money
- Great Customer Support
REASONS TO AVOID:
- Cannot be used with Microsoft Excel on the PC
- Only runs on Windows, not available for iMac
- Not available for larger businesses or enterprises
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3. ThoughtSpot BI tool – Best Start-up BI Tool for Instant Data Analytics
PRICING: Team version is $95 and Pro is $2500
ThoughtSpot is a search and artificial intelligence-based analytical tool for the next generation. Users may type inquiries into the search box and receive correct responses very instantly with this programme. It links to various cloud data platforms, allowing corporate users to employ search and artificial intelligence to uncover insights from all cloud data. In seconds, extract thousands of insights from a single set of data points. Anomaly detection, trend analysis, benchmarking, and other tools provide information for non-technical business users.
KEY FEATURES:
- Access to find hidden insights in data
- Developer friendly
- Maximizes value of cloud data platform
- Embed Live Analytics
REASONS TO BUY:
- Quick Response Time
- Accurate and Trustworthy
- No Backlog
- Easy to access Cloud data
- Data is mobile
REASONS TO AVOID:
- Lacking in graphics
- Customer Support lacking
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4. ZOHO Analytics – Best Start-up BI Tool for Self Service
PRICING: Basic is $24, Standard is $48, Premium is $115and Enterprise is $455
In comparison to the others discussed here, Zoho’s business intelligence is regarded the greatest option for larger enterprises and data collections. It may take data from a wide range of sources and turn it into a visually appealing and simple-to-understand report for marketing, sales, and other departments. Zoho also provides a 15-day free trial after which you can choose a subscription plan that meets your company needs while still being affordable
KEY FEATURES:
- Automatic Report Generation
- IP Restriction
- White label solutions
- Insightful Dashboards
REASONS TO BUY:
- Available on IOS and Android devices
- Integration with Different Zoho Products and third-party business applications
- Spreadsheet like Interface (Easy to use)
REASONS TO AVOID:
- Too much expensive to avail all the features
- No Support for Manufacturing Facilities
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5. Google Data Studio BI Analytics – Best Start-up BI Tool for
PRICING: free
Google Data Studio is a web-based business intelligence product from Google that is fully managed. Data Studio is a user-friendly tool for exploring and generating insights from data. Dashboards and reports may also be used to manipulate data. It comes free with a Google cloud account and is an important part of the Google Analytics package. Google Data Studio also has scheduling options for keeping data up to date. It’s built on the Google app ecosystem and has strong interactions with Google data sources.
KEY FEATURES:
- Custom Solutions
- Highly Configurable Reports
- Advance reports help find needles in haystack
- Enables share and collaboration
REASONS TO BUY:
- Free of cost
- Easy to use
REASONS TO AVOID:
- Loading times are long
- Multiple data sources cannot be connected at the same time
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Reference and Links:
- https://startupstash.com/business-intelligence-bi-tools/
- https://powerbi.microsoft.com/
- https://azure.microsoft.com/en-us/overview/what-are-business-intelligence-tools/
- https://www.arpatech.com/blog/top-10-business-intelligence-tools-need-startup-company/
- https://www.quicksprout.com/best-business-intelligence-software/
- https://data-flair.training/blogs/power-bi-advantages-and-disadvantages/
- https://www.clearanalyticsbi.com/
- https://www.itqlick.com/clear-analytics/feedback
- https://www.thoughtspot.com/
- https://www.trustradius.com/products/thoughtspot/reviews?qs=pros-and-cons#overview
- https://www.zoho.com/analytics/
- https://www.peerspot.com/products/zoho-analytics-pros-and-cons
- https://www.trustradius.com/products/zoho-analytics/reviews?qs=pros-and-cons#overview
- https://www.trustradius.com/products/google-data-studio/reviews?qs=pros-and-cons
- https://hevodata.com/learn/google-data-studio-pros-and-cons/