3 Best Free Business Intelligence (BI) Software Tools 2022

Finding the right business intelligence tools is a complicated process, one that often comes with a price.

When it comes to finding the right free BI Tools, we know how difficult it can get. There is no shortage of free business intelligence tools out there but it all boils down to finding the one which fits your needs like a glove. This is why we are listing down top free business intelligence tools in this article as a way to help businesses find their way around a confusing and difficult maze of complicated software jargon and information.

This article will have a round-up of some of the best free business intelligence tools.

Business intelligence software has almost always been really expensive, which is why many people have to either settle for one that doesn’t help them with all aspects or compromise on aspects such as a good UI or different levels of functionality. The other category are ‘freemium’ BI tools.

These tools appear to be free, but they count on ‘premium’ upgrades which put a huge dent on the budget. While we may want to steer away from such tools, the other alternative is using open-source BI tools.

Open-source is completely different from free BI tools, but it’s easy to get confused. Firstly, open-source development requires immense technical know-how and even if we do have it, such software is often owned by companies that are going to try to upsell anyway. The catch either lies in providing additional features or access to their support services, both of which are an important part of open-source development.

Well, if paid tools are expensive, freemium and open-source tools are often misleading, where should we go?

We’ve compiled a list of free BI tools as a medium to help your research process and to make it easier to find the list of best free BI software available right now. These free Business Intelligence tools have been included along with unbiased and helpful reviews that will help make a well-informed decision.

The reviews are written by users who have used these free BI tools and have shared their opinions and experience with these tools. Have a look at the top free BI tools that will hopefully enable faster decision making and offer you a most well-rounded perspective on the industry.

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    • Tableau Public (approved)
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      • Power BI Desktop (Free) (approved)
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        • Google Data Studio (approved)

        7 Best Business Intelligence (BI) Tools for Small and Medium-Sized Businesses (SMB) 2022

        Business intelligence can be defined as the technologies and strategies employed by an organization to analyze and make sense of their data. In the past, it’s generally been thought that business intelligence (BI) tools are only meant for big companies. They were thought to be too cumbersome and way too expensive for a small business looking for cost-effective solutions to employ them. However, that’s not the case anymore.

        Small and medium-sized businesses (SMB), too, have realized the importance of business intelligence tools with the evolution of technology. In order to improve their revenue in sales and marketing along with their performance, small and medium-sized businesses are constantly looking for valuable BI tools.

        Although there are quite a few SMB BI tools out there, historically Tableau has been a leading vendor as an SMB BI tool (and it still is today). But there are many more vendors, large and small, to choose from to pick the right one for your business. In this article, we will be exploring the top SMB business intelligence software available in the market, and which one you should be going for.

        Key Components of Business Intelligence Tools for Small and Medium-Sized Businesses

        There are certain essential features your business intelligence software should be having for your SMB. They are as follows:

        • Data Visualization: Data visualization helps in delivering actionable metrics and important insights. These tools help companies understand the outcome of difficult calculations, identify trends and patterns, and decipher the crucial takeaways.Be it interacting with the data or attempting to discover which data is leading to which result, data visualization helps with it all. A deeper analysis happens as a result of user engagement, aiding in creating a better decision-making process.
        • Live Dashboards: Small and medium-sized businesses can greatly benefit from live dashboards as they enable them to view real-time data whenever required. Responding to minute-by-minute details of sales transactions, customer responsiveness, and moving forward towards benchmarks are all made possible with live dashboards.The feature of auto-refresh keeps everyone posted at all times, to make sure everyone is caught up with the scheme of things. Live dashboards allow you to make decisions even within a smaller time frame.
        • Integrated Data Sources: In order to get the maximum benefits out of your business intelligence tools, it’s best to integrate the distinct data sources into a single virtual system. By including integrated data warehousing that is cloud-based, you get the chance to keep track of performances, view the respective successes and failures, and also see how your business is progressing towards the set goals.

        Why are Business Intelligence Tools Necessary for SMBs?

        Small and medium-sized businesses can benefit from BI platforms in numerous ways. Here are a few reasons why BI tools are imperative for SMBs:

        • An elevated decision-making process can be administered through business intelligence tools. Calculations based on comparisons, percentages, and performance can be carried out through data analytics by looking at current, historical, as well as real-time data. This helps in reducing the time SMBs spend towards performing calculations, manual data entry, and generating reports.
        • The level of communication improves with BI tools as passing on sensitive data within the organization members and discussing it becomes easier. This leads to an amplification of cooperation and collaboration among the stakeholders, thereby resulting in the growth of the business.
        • BI tools allow you to know what the customers want and expect from your company. With this knowledge, you can modify your current strategies to cater to the needs of your audience, be it your potential or existing customers.
        • With business intelligence software, companies can increase their market share. This is done by monitoring products, trends, and customer feedback to point out which areas need to be worked on.
        • Adopting best practices by tapping into the data being stored by their applications (both online and on-premise), including spreadsheet software such as Microsoft Excel, and unlocking that data to provide valuable real-time knowledge and performance monitoring and management of key business processes.

        Summing Up The Best Business Intelligence Software For SMBs

        Be it budgeting, customer relations, or any other aspect of your business, small and medium-sized businesses require reporting tools to get a comprehensive overview regarding the current status of their company. With the best business intelligence tools, you can make sure that the changes you implement lead to the growth of your organization.

        So, dig through the list of business intelligence tools named below, learn about them, compare their strengths and weaknesses, read the reviews (and leave one if you can), and find the one that best suits your needs.

        Of course, this is our take on the best BI tools for small business, we want you to contribute your informed research as well.  Leave a rating and a review for any platform that you are currently using.

        Note: There are micro-niches within the category of data visualization that you can also check out. Please see our reviews of best free data analytics software, best open source bi software, best enterprise BI tools, and best self-service BI solutions.

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          • Microsoft Power BI (approved)
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            • Tableau Server (approved)
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              • Yurbi (approved)
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                • Qlik Sense (approved)
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                  • Looker (approved)
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                    • Domo (approved)
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                      • Yellowfin (approved)

                      8 Best Data Visualization Software Tools 2022

                      For any business, data and data interpretation plays a crucial role. There are many key learnings about a business hidden in the data, which needs to be interpreted in the right way. To do so, there are data visualization tools.

                      The search for the right data visualization software is a tiring one. Data, unless used in the right manner can become burdensome really quickly and to do so a good data visualization software is needed. With countless business intelligence and analytics software tools in the market, it becomes difficult to differentiate, compare and analyze all of them.

                      That is why we have compiled a list of some of the top data visualization tools in this article.

                      What is Business Intelligence and Data Visualization Software?

                      But first, let’s begin with understanding what exactly is data visualization software. Data visualization software or dashboard tools interpret numbers and information, translates it into a visual approach by converting it into charts, tables, graphs and more. It’s, therefore, no surprise that we prefer colors, objects and images more than numbers and that’s why data visualization tools do what they do.

                      They convert large data inputs and present it in a graphical medium to help businesses make data-driven decisions faster and more efficiently. The data visualization software is often integrated with an underlying system that feeds it the data to be analyzed, reported and measured against KPIs to translate it in a visual manner.

                      This makes understanding difficult concepts or hard to interpret data easier. It relies on input through the integrated system or software in order for it to translate and present the data in a visual manner.

                      Why Does My Business Need Data Visualization Software

                      There are many reasons as to why we should make use of data visualization software and data analytics software. The most important one is easy and quick comprehension of data, also known as data analytics. The cohesive and easily interpreted translation of data enables businesses to act on it quickly. Analyzing statistics and information in a graphical format shortens the decision-making time. It also helps identify and recognize patterns that are otherwise difficult to pinpoint.

                      There are certain parameters that are easy to identify and group together when presented in a visual form, as opposed to a numerical or textual manner. Data visualizations can aid in spotting problems or trends before they catch on. When represented graphically, pitfalls are easier to discover and act upon and in a similar fashion, trends are easier to spot. Acting fast on trends or possible discrepancies can affect the bottom line and make all the difference in running a business.

                      One underrated benefit of data visualization is the ease of communication that it provides, whether internal or external. The visual cues provided by data visualization tools make communication of data and insights easier between internal and external consumers. For businesses with various teams, this reduces the chances of misinterpretation and makes internal communication easier and more efficient.

                      Common Misperceptions Of Data Visualization Tools

                      A common misperception is that you need big data in order to benefit from data visualization. On the contrary, any sized business, from a one-person shop to a mega-enterprise can benefit from business intelligence software and analytics software to glean insights from your source data. The key is to have important data to visualize, it doesn’t have to be tons of it.

                      A data visualization tool provides the right balance between effective communication and visual representation and in doing so makes it easier for businesses to operate and manage key factors. It allows your business to be data driven.

                      What Is The Best Software For Data Visualization?

                      In order to help with the research and comparison process for the right data visualization software, we’ve pulled together a list of the best data visualization tools based on research and reviews by existing users. The unbiased reviews that you, our readers, contribute will help understand the data visualization tools better and help with studying the key differences between them.

                      We like to caution that any list of the top data visualization tools or best visualization software is missing one key ingredient and that is your user requirements. Without understanding more of your use case, such as the type of analysis your business needs to do, specific visualization methods you need, your pricing constraints, the advanced and key features you need from a solution, any list is just a research tool.

                      So our concept of best data visualization tools is not just the ones that are the best in making money, or best in size, or best in marketing and industry analyst press and coverage. But it’s the ones that we feel are best for the common use cases of data visualization in terms of functionality, features, cost, and total cost of ownership. This includes modern software, tools that are actively developed, visualizations much be interactive, they must be simple to create, ideally offer real-time data analysis. We have looked at demos of traditional and newer visualization tools and while not all made this list, at a later date we will list more in a secondary list of data visualization software options.

                      Choosing a visualization tool is tough, so without further ado, here is a list of our 8 best data visualization tools for businesses today. Without a doubt, Tableau and Power BI tops our data visualization list, but there are many other options to choose from.

                      Learn more about the types of visualization solutions available and find the one that may be the best visualization software for your business.

                      Note: There are micro-niches within the category of data visualization that you can also check out. Please see our reviews of best free data analytics software, best open source bi software, best enterprise BI tools, and best self service BI solutions.

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                        • Tableau Server (approved)
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                          • Microsoft Power BI (approved)
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                            • Domo (approved)
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                              • Yurbi (approved)
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                                • Qlik Sense (approved)
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                                  • Sisense (approved)
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                                    • Yellowfin (approved)
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                                      • Looker (approved)