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Introducing the Top 6 SaaS Business Intelligence Platforms!

Brian Tran | 11-23-2020

The Most Popular Extension Builder for Magento 2

With a big catalog of 224+ extensions for your online store

Businesses all over the world are increasingly turning their heads towards SaaS (Software as a Service) Business intelligence platforms. But it is nothing surprising because now they know the importance of a data-driven approach and how it is helpful in making informed decisions.

Also, selecting the right tool is contingent upon the type of your business and where you wish to go. Along with that, you need to cater to those who require access to your data and tech stack, etc.

Hence, the confusion is obvious. But not to worry anymore, as this comprehensive guide is your go-to solution to find the best and relevant SaaS BI tools.

So, are you ready to unlock the true potential of your business using these SaaS BI tools? Keep reading!

Choosing the Right SaaS BI Platforms

top 6 saas business intelligence platforms
top 6 saas business intelligence platforms

Well, to be honest, the usage and selection of the best SaaS BI platforms depends on a multitude of factors:

  • Affordability: Due to lower upfront costs as compared to traditional on-premise BI solutions, SaaS tools are easier to afford
  • Ease of use: SaaS BI tools are designed to be used easily, even for non-tech users
  • Scalability: Not only this, but SaaS BI platforms can scale easily to meet the growing data of the business
  • Accessibility: The SaaS BI platforms can be accessed from anywhere, anytime, and using any web-enabled device.
  • Regular Updates: You need not worry about missing out on any new features because the SaaS BI platforms are regularly updated with new features and functionalities. This ensures that you have access to the latest tools and technologies anytime and every time.

Top 6 SaaS Business Intelligence Platforms

top 6 saas business intelligence platforms
top 6 saas business intelligence platforms

Now, let’s have a brief look at the top six business intelligence platforms:

Brizo

This is not your regular SaaS platform but a well-built and powerful market intelligence platform if you wish to make some fast and accurate decisions. Basically, it serves the food service industry with unmatched food service insights. Additionally, it provides detailed data on menu specifics and the relevant tech stack usage.

Furthermore, Brizo is designed to enable better prospecting and deeper market analysis with some informed decision-making. Your daily dose from product innovation to competitor research is served by this insightful and analytical platform.

Pros: This platform provides some unparalleled market coverage and helps businesses to stay up-to-date with the latest market trends and technology. It helps businesses identify new markets and helps them streamline their research to acquire leads with remarkable speed. Cons: This platform may not be suitable for businesses that do not operate in the foodservice industry.

Power BI

To turn your data into immediate impact, Microsoft is here with an end-to-end BI platform called Power BI. The aim is to create a single source of trust and uncover true and useful insights that are sure to impact the audience in some way or another. To add more to the plate, Microsoft added the latest co-pilot feature in the Power BI. Here, all you need to do is describe the insights that you need or simply ask a question about your data. The rest is up to the co-pilot to convert your data into actionable insights.

Pros: You can create APP Workspaces and peer-to-peer sharing here and navigate integration with other Microsoft solutions. Users can also share reports, datasets, and dashboards with other users of the same tool.

Cons: Coming to the cons of this website, it doesn’t allow users to share reports or dashboards with non-Power BI Pro users. Not only this, Power BI Pro has a maximum data capacity of 10 GB per user. Lastly, the business intelligence has a limited daily data refresh limit of eight times per day.

Tableau

If we talk of data-driven insights using intuitive visualizations, tableau leads the game in this. Not only this, Tableau engages with users to create interactive and visually compelling dashboards along with reports. No wonder it was one of the primary businesses to offer a self-service business intelligence and analytics platform. Further, Tableau Public is an open-source BI platform that enables users to share as well as explore data visualizations publicly online.

Pros: Thai software facilitates report funding, data blending, and complex computations. It can handle bundles of rows of data. Moreover, you can customize dashboards for certain devices like laptops and mobile phones.

Cons: Now this tool is generally a data visualization tool. Additionally, its parameters are static and it doesn’t offer scheduling or notification of reports. Hence, the users need to update the back end manually.

Chartio

This is yet another cloud-based analytical tool with a convenient drag-and-drop user interface. And yes, you don’t need any prior knowledge to operate this. You can absolutely start from scratch. Hence, it works quite well for teams who have limited or less technical knowledge. This tool has been designed to keep every level of hierarchy in mind.

Not only this, Chartio helps businesses have a clear overview of all the business data clearly. To add the cherry on top, Chartio combines the data from sales and marketing teams from different sources to make insightful decisions accordingly.

Pros: In Chartio you can easily download the charts. Moreover, combining emails is far better and easier as compared to other software. Lastly, this platform also provides customizable dashboards.

Cons: The disadvantage of using this platform is that it loads very slowly. Furthermore, it shows inaccurate numbers and doesn’t load easily always.

Domo

With Domo in your stack, you can extract data from the sources and analyze them quickly. It is a fully mobile-based SaaS Business Intelligence tool that accesses your data and visualizes and analyzes it with just a few clicks, no matter where you are. From data warehouse to ELT to reports and visualizations, Domo has it all. All in all, this tool targets mobile-first philosophy executives.

Pros: This platform allows executives to run their business via mobiles and makes the users integrate data from any source. It also connects social data from various platforms to Domo. This helps in understanding their online presence effectively. Lastly, it provides easy access to information which is crucial for the executives to make sound business decisions.

Cons: Well, this platform is a bit expensive for small businesses and the data extraction process is not easy. Moreover, its UI is not intuitive at all. Hence, the non-technical users can’t use the tool easily.

Looker

When we talk of a data discovery platform that is entirely browser-based without any desktop software, Looker is sure to rule our minds. It interacts with the SQL database or the data warehouse to execute its functions. Thus, the proprietary modeling language LookerML, which it uses, sets it apart from other BI tools. If we talk of the installation process, it can be installed much more quickly due to its infrastructure.

Pros: This software eliminates the need for a real-time basis and allows users to develop and publish out-of-the-box git integrations. Furthermore, it is a browser-based platform that offers performant and scalable analytics on a real-time basis.

Cons: If we talk of the cost of Looker, it costs more than its alternatives. Not only this, you cannot avoid coding in LookML, hence this makes it difficult to use by the developers who have minimum experience with SQL.

Conclusion

Selecting the right business intelligence automation platform might be a tiresome process. However, you need to start somewhere and understand the players in the business intelligence domain. Hence, this article has tried to cover almost every potential platform that will prove helpful in one way or the other. Hope you gained some fruitful insights on the same!

Brian

Senior Magento Developer who is passionate about development and love technology



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