Business intelligence (BI) refers to the gathering, organization, analysis and communication of actionable information on a company, its competitors, its customers, and the industry to support strategic and tactical decision-making. BI applications integrate structured and unstructured data from a variety of sources and synthesize the results into forms that allow business leaders to take action. BI technologies provide historical, current and predictive views of business operations. Business intelligence technologies are made up of reporting tools, online analytical processing, data mining, process mining, complex event processing, business performance management, benchmarking, text mining, and predictive analytics.

Business Value 

Value from business intelligence comes from information access and visibility, and from data mining and analysis to discover trends and patterns in the data. BI is best utilized when executives and managers have ease of access and are able to allow the facts of situations to inform their business decisions. A broad range of applications for BI has helped companies rack up impressive ROI figures. Business intelligence has been used to identify cost-cutting ideas, uncover business opportunities, roll enterprise resource planning data into accessible reports, react quickly to retail demand and optimize prices.

Iknow has deep expertise in managing all phases of business intelligence projects, from understanding management reporting needs and discovering clear ROI goals to defining performance metrics to BI software selection, customization, and deployment. Iknow also combines expertise in data profiling, data quality, data warehousing, and enterprise search to improve the quality of BI projects. Examples of BI projects include business performance analysis and reporting, customer analytics, and balanced scorecards.

Product Landscape

The business intelligence product landscape is complex and includes the following products. Iknow can help you evaluate and select the right software product to help you achieve your business objectives.

Company Namesort descending Product Name Type
Alteryx Alteryx Designer Commercial
Averbis Information Discovery Commercial
Birst Birst Networked BI Commercial
BOARD International BOARD Commercial
Datawatch Datawatch Monarch Swarm Commercial
Eclipse BIRT Open Source
Engineering Ingegneria Informatica SpagoBI Open Source
GoodData Analytical Designer Commercial
Hitachi Vantara Pentaho Commercial
IBM IBM Cognos Analytics Commercial
IBM IBM Integrated Analytics System Commercial
Information Builders WebFOCUS Business Intelligence and Analytics Commercial
Logi Analytics Logi Analytics Platform Commercial
Looker Looker (BI) platform Commercial
Microsoft Power BI Commercial
MicroStrategy MicroStrategy Analytics Platform™ Commercial
OpenText OpenText Magellan Commercial
OpenText OpenText Information Hub Commercial
OpenText OpenText Big Data Analytics Commercial
Oracle Oracle Business Intelligence Commercial
Oracle Oracle Performance Management Applications Commercial
Panorama Software Necto Commercial
PROGNOZ Prognoz Platform Commercial
Pyramid Analytics BI Office Commercial
Qlik QlikView Platform Commercial
RapidMiner RapidMiner Studio Enterprise Commercial
Salesforce Einstein Analytics Commercial
Salient Managemnt Company Collaborative Intelligence Suite Commercial
SAP SAP Data Services
SAP SAP Data Services Text Data Processing
SAP SAP Business Intelligence (BI) Solutions
SAP SAP BusinessObjects Data Services; SAP BusinessObjects Business Intelligence Solutions Commercial
SAS Institute SAS Business Visualization Commercial
SAS Institute SAS Enterprise Business Intelligence Commercial
Sisense Sisense Enterprise BI Commercial
Splunk Splunk Enterprise Commercial
Tableau Enterprise IT Commercial
TARGIT TARGIT Decision Suite Commercial
ThoughtSpot SpotIQ Commercial
TIBCO Software JasperReports Server Enterprise Edition Commercial
TIBCO Software TIBCO Spotfire Professional Commercial
Yellowfin International Yellowfin Enterprise IT Commercial