
Business Intelligence
Top 5 Business Intelligence Software Of 2023
By TechDogs Editorial Team

Overview
Batman doesn’t fight crime aimlessly, instead, he plays it smart. He gathers information by interrogating criminals, gains intelligence from contacts and police communications to analyze the gathered data to find patterns and trends in criminal activity. This makes his process of fighting crime easier.
Similarly, businesses use Business Intelligence Software to gather, analyze and make sense of vast amounts of data from multiple sources to enhance their operations, make better future decisions, increase efficiency and boost their revenue.
So, if you’re looking for the right tool for your business, read on to learn the top 5 Business Intelligence Software of 2023!
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Data – that’s what businesses run on today. It doesn’t matter what information or insights the data carries, businesses want it. In fact, data is so important that businesses pay to purchase third-party data from other companies.
Of course, if they can’t handle all this data well, it is rendered useless. This is why businesses spend big on data management tools. It’s to make sense of all their data, especially considering the large amounts they gather!
Enter Business Intelligence Software – an application that helps businesses collect and process large amounts of unstructured data from numerous sources to present it in an understandable format for analysis and decision-making.
Furthermore, it offers data mining, forecasting, reporting and data visualization functions. Essentially, the main goal of Business Intelligence Software is to drive better business decisions, improve operational efficiency and boost data effectiveness.
If your enterprise needs such a tool, check out our list of the top 5 Business Intelligence Software of 2023.
Top 5 Business Intelligence Software Of 2023
Business Intelligence Software helps businesses make sense of their data, whether structured or unstructured, by analyzing it and preparing it in a form that makes it possible for them to make better decisions, improve operational efficiency and boost revenue.
So, let’s get into the list of the top 5 Business Intelligence Software for 2023 - in random order.
Microsoft PowerBI![]() |
Tableau![]() |
TIBCO Spotfire![]() |
Sisense![]() |
Qlik Sense![]() |
Tool 1: Microsoft PowerBI
You’ve surely heard of the maker of our first tool – Microsoft! This company, which has made a name for itself at household and enterprise levels, was founded in 1975 and has its headquarters in Redmond, Washington, USA. With a workforce of over 200,000 employees, this multinational conglomerate enjoys a global presence. The company ranked #3 in Fortune’s World’s Most Admired Companies for a fourth consecutive year and was named a Leader in the April 2023 Gartner Magic Quadrant for Analytics and Business Intelligence Platforms.

Microsoft PowerBI offers a unified and scalable platform to integrate and visualize any data. It’s an end-to-end business intelligence platform that acts as a single source of truth from which you can visualize data, garner powerful and actionable insights and extract impactful uses to drive revenue, cost savings and productivity. The platform also includes simple drag-and-drop features and AI-powered analytics that enable a seamless infusion of up-to-the-minute analytics into your everyday applications.
Aside from Microsoft 365’s long list of products that integrate with PowerBI, the platform comes with powerful features and the option of a mobile application. It also includes the integration of Copilot, Microsoft’s artificial intelligence assistant feature. This lets you describe your requirements or ask questions about your data, which the platform can analyze, pull, visualize or prepare reports, summaries or calculations. That is amazing, right?
What You’ll Love: Outstanding performance, Supports multiple languages, Free trial available, AI and Machine Learning Capabilities, Mobile-app available
Tool 2: Tableau
Although Tableau was founded in 2003, it was acquired by Salesforce in 2019 for $15.7 billion. Salesforce was founded in 1999 and has its headquarters at Salesforce Tower in San Francisco, USA. With a global presence, the company has a workforce of over 70,000 employees spread across 100+ offices worldwide. Salesforce ranks 136th in the Fortune 500 list and was recognized as the world's largest enterprise software firm in 2022. Three cheers for Tableau!

Tableau offers you exceptional Business Intelligence Software with broad, deep and end-to-end data solutions and intuitive, insightful and visual analytics that can help you see and understand your data. Don’t forget, this already established platform comes with the backing of Salesforce, meaning the platform is powered by Einstein AI and driven by machine learning (ML) to deliver predictions and recommendations within its workflows for smarter decision-making.
Tableau further brings resources such as quick start guidelines, free training videos, data literacy building, instructor-led training, as well as Tableau certification and eLearning courses and academic programs. Additionally, it offers community-focused features that enable interaction with other platform members. This includes Tableau Public, user groups, interaction with community leaders, community projects, community forums and DataDev to help build, fine-tune and customize Tableau.
What You’ll Love: User-friendly interface, Supports multiple languages, 24X7 Support, Free trial available, AI and Machine Learning Capabilities
Tool 3: TIBCO Spotfire
Story time! Spotfire was founded in the early 1990s and launched in mid-1996. In 2007, the company was acquired by TIBCO for $190 million. TIBCO itself was acquired by Vista Equity Partners in 2014.
While Vista Equity Partners has around 500 employees and is headquartered in Austin, Texas, USA, TIBCO possesses a workforce of 3000+ employees in its headquarters in Palo Alto, California, USA and over 35 locations worldwide.

TIBCO Spotfire is a fully governed, scalable analytics platform that brings you immersive, intelligent and real-time insights with robust visual exploration. It offers you an AI-powered, unified platform for visual analytics, data discovery and point-and-click insights. The platform makes it possible for you to quickly build scalable, tailored analytics applications using historical and real-time data from multi-layered data sources.
TIBCO Spotfire offers powerful GeoAnalytics, allowing you to seamlessly and intuitively gather deeper, multi-layered insights and automatic context for location-based data. If your data carries location markers such as country, state, city or GPS coordinates, the platform automatically recognizes them as locations. This lets you create detailed analyses to address levels while allowing you to update models in real time – now that’s quite cool!
What You’ll Love: Easy to use, Offers telephonic support, Flexible pricing, Pre-existing templates, Predictive analytics
Tool 4: Sisense
Founded in 2004 in Tel Aviv, Israel, Sisense is headquartered in New York City, USA. The company has a workforce of over 500 employees spread across 8+ offices worldwide. It has a customer base of over 2000 global companies, such as GitLab, Nasdaq, Rolls Royce, Skullcandy, Verizon and more. While being named a Leader in G2’s Summer 2023 list, Sisense also made it into the 2023 Gartner Magic Quadrant for Analytics and Business Intelligence Platforms.

Sisense allows you to analyze, explore and collaborate with or without code to gather powerful insights from your data, backed by AI (artificial intelligence), ML (machine learning) and predictive analytics. The platform lets you infuse intelligence into your workflows and processes to accelerate business growth. The platform allows you to connect data from multiple sources and transform, investigate, visualize and get a 360-degree view of it.
Sisense allows you to customize and personalize your data and analytics experience through the platform’s extensible API (Application Programming Interface) and SDK (Software Development Kit). Built on modern, API-driven cloud-native architecture, the platform allows you to scale on demand. You can even infuse analytics into every team, be that HR, marketing, IT department or finance.
What You’ll Love: Customization possible, Prompt customer service, Free trial available, AI and Machine Learning Capabilities, Predictive analytics
Tool 5: Qlik Sense
Qlik was founded in 1993 in Lund, Sweden, Europe. Today, the company has its headquarters in King of Prussia, Pennsylvania, USA and has over 2000 employees spread across 45+ locations worldwide. It has over 40,000 customers globally, including NHS, Lloyd’s, PayPal, Ford and Deloitte. Qlik was positioned in the Leaders Quadrant of the Gartner Magic Quadrant for Analytics and Business Intelligence Platforms for the thirteenth consecutive year.

Qlik Sense is a context-rich, highly interactive and super-fast Business Intelligence Software that makes it a cakewalk to explore data and uncover insights. The platform provides in-the-moment insights and drives immediate action by connecting and combining multi-source data pipelines in real time with action-oriented capabilities. The platform also offers you best-in-class visualization and discovery and automatic AI-generated insight suggestions!
Qlik Sense brings you powerful artificial intelligence, machine learning and predictive analytics capabilities through its Qlik AutoML tool. This provides automated insight generation, search and natural language interaction and AI-assisted creation and data prep. With a simple, code-free user experience, it lets you create ML experiments to identify key drivers in your data and models, make real-time, instant calculations and predict potential outcomes.
What You’ll Love: User-friendly interface, 24X7 Support, Free trial available, AI and Machine Learning Capabilities, Advanced analytical capabilities
Winding It Up
Businesses gather large amounts of data, structured or unstructured, for potential insights and trends they embed. Business Intelligence Software integrates such data from multiple sources, analyzes it in real-time and presents it in a simplified and visualized manner. This makes it possible for businesses to make better decisions, improve operations and increase revenue.
Each company has unique business intelligence requirements, which is why you should ensure you pick a tool that suits your unique needs.
Frequently Asked Questions
What Are The Top 5 Business Intelligence Software Of 2023?
The top 5 Business Intelligence Software of 2023 are Microsoft PowerBI, Tableau, TIBCO Spotfire, Sisense and Qlik Sense.
What Is Business Intelligence Software And How Does It Help Businesses?
Business Intelligence Software is an application that assists businesses in collecting, processing and analyzing large amounts of data from various sources to present it in an understandable format for analysis and decision-making. It offers functions such as data mining, forecasting, reporting and data visualization, ultimately aiming to drive better business decisions, improve operational efficiency and boost revenue.
How Does Microsoft PowerBI Stand Out Among Other Business Intelligence Software Tools?
Microsoft PowerBI provides a unified and scalable platform for integrating and visualizing any data. It offers end-to-end business intelligence capabilities, including visualization, insights generation and actionable outcomes to drive revenue, cost savings and productivity. With features like simple drag-and-drop functionality, AI-powered analytics and integration with Microsoft 365 products, PowerBI ensures seamless data analysis and visualization for users.
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