Top 10 Business Intelligence software

Important news about Business Intelligence software

2024. Salesforce unveiled AI Analytics platform - Tableau Einstein



Salesforce announced a new AI visual analytics platform, Tableau Einstein, to help scale and enhance data-driven workflows. It incorporates a vast technology stack to improve modern data pipelines, such as AI, autonomous digital agents and cloud services. Tableau Einstein allows data experts and analysts to create semantic models based on real-time client data. It also has a dedicated marketplace where professionals can share their analytical resources within a business. Moreover, Tableau’s integrated marketplace and APIs further facilitate internal collaboration by enabling different team members to work across various data assets, such as sources, models, visualizations and dashboards, in a streamlined drag-and-drop workspace. Salesforce integrates autonomous and assistive agents via Tableau’s Agent and Pulse services, providing the AI framework for helping agents identify mission-critical metrics and distribute those metrics to other applications such as Slack, email and Salesforce clouds.


2023. Data visualization startup Virtualitics lands $37M investment



Virtualitics is a startup that specializes in crafting software aimed at assisting companies in comprehending and deriving insights from their data. Operating on a sophisticated level, Virtualitics employs three-dimensional visualizations, knowledge graphs and artificial intelligence to unveil the intricate connections among distinct data points. By presenting a dataset (or multiple datasets) and optionally phrased questions in plain language (such as "What factors influence credit card skimming?"), the platform has the ability to produce informative notes and clarifications. These annotations and explanations can then be seamlessly incorporated into reports and dashboards, readily shareable with stakeholders throughout an organization. As an illustration, a business within the financial sector could effectively employ Virtualitics to detect recurring trends in payment and wire fraud. Similarly, a marketing firm could harness the potential of this platform to pinpoint emerging customer segments and the most optimal marketing channels for optimal performance.

2023. ThoughtSpot acquires BI platform Mode Analytics



In a move that would probably make even the most forward-thinking Vogons envious, ThoughtSpot, that clever AI-powered data analytics platform renowned for helping the most bewildered of humans make sense of complicated data, has just acquired Mode Analytics, a plucky startup that’s made a name for itself in business intelligence. For the princely sum of $200 million—enough to buy several small moons and perhaps even redecorate them—ThoughtSpot plans to harness the generative AI magic of Mode and, in a fit of exponential ambition, double its customer base. The platform itself is already a master of making data analysis so simple that even the average ape-descended human, who still thinks digital watches are a pretty neat idea, can use it. With algorithms that elegantly keep an eye on data flows from the likes of Snowflake and Databricks, the system effortlessly spots trends faster than you can say, “Where did my data go?” Even heavyweights like Walmart and Apple trust it, mostly because it makes self-service analytics appear deceptively straightforward, thanks to its AI and machine learning wizardry. Now, with Mode’s own arsenal of flashy analytics applications and visualizations joining the fray, ThoughtSpot customers will soon be able to whip up data insights and insert them into dashboards with all the ease of slapping a towel over a Plutonian sun lounger.


2022. Google unifies its BI services under the Looker brand



Google Cloud announced today that it is consolidating all of its business intelligence products under the Looker brand. This integration merges Looker, Data Studio and core Google technologies such as artificial intelligence (AI) and machine learning (ML). Google claims that this unified approach will enable users to go beyond traditional dashboards—something Google Data Studio is known for—and allow businesses to incorporate this data into more of their workflows and applications to facilitate data-driven decisions. As part of this change, Google Data Studio will now be rebranded as Looker Studio. Looker was originally a startup that Google acquired in 2020 for $2.6 billion. With this move, Google now directly competes with Tableau, Microsoft Power BI and QlikView.


2022. Omni looks to take on Looker with its cloud-powered BI platform



Omni is a new BI platform designed to streamline working with data across an organization. While traditional BI platforms consolidated teams around reliable, centralized data, they still required a complex upfront data modeling process. Omni aims to bridge the gap between instant-gratification analytics and the reliability and governance of established enterprise BI. Omni is comparable to existing BI tools like Looker and Tableau. However, the platform can also handle raw SQL—the language used to interact with databases—and decompose it into modeled components. Omni’s built-in tools create data models and components from SQL, establishing a “sandbox” data model and enabling users to elevate metrics to the official, shared model accessible across the organization. Investors are confident in Omni’s vision, having committed $26.9 million to the startup.


2022. BI dashboard service Explo garners $12M Series A



Explo, which creates a tool for developing customized business intelligence dashboards that reflect your company’s brand and can be embedded in your website or sent via email to customers, has secured $12 million in Series A funding. The company is also announcing the official launch of their self-service product with a two-week trial period. Businesses can link their databases or data warehouses to Explo to access and analyze the information they need. Explo connects directly to these databases, whether it’s Postgres or data warehouses like Snowflake and offers numerous ways for customers to share data. The startup currently has 45 paying clients with many others in the process of evaluating the product.


2021. Zoho Analytics 5.0 uses AI and ML to assist you in getting insights from your data


Zoho unveiled a new version of its self-service BI & analytics platform Zoho Analytics. It now includes Zoho DataPrep - an augmented data preparation and management service, available on the cloud, Zoho Analytics Embedded BI - offering ISVs and developers to integrate Zoho Analytics seamlessly into their product/solution offering and Zoho Analytics Marketplace, which allows partners and third-party vendors to build analytics apps on top of Zoho Analytics and market in Zoho Marketplace. Also included are Zoho Analytics Native Apps, apps built by us and natively embedded within third-party apps and available in their marketplaces. With inbuilt AI assistant Zia, there’s no need to learn complex SQL querying. You can hold colloquial conversations with Zia and get the answers you need as relevant reports.


2021. No-code business intelligence service y42 raises $2.9M



Berlin-based y42, a data warehouse-focused business intelligence platform that aims to provide businesses with an enterprise-grade data stack as easy to use as a spreadsheet, has announced that it has secured $2.9 million in seed funding. Founded in 2020, the service integrates with over 100 data sources, including all the major B2B SaaS tools, such as Airtable, Shopify and Zendesk, as well as database services like Google’s BigQuery. Users can then manipulate and visualize this data, manage their data pipelines and initiate automated workflows based on this information.


2021. Jedox raises $100M to expand its financial modeling and analytics software to more verticals



In the unfathomably complex realm of corporate number-wrangling, Jedox, a plucky German startup, has emerged as a sort of intergalactic hitchhiker for financial planning, armed not with a towel but with tools that cleverly transform humble Excel spreadsheets into engines of fiscal enlightenment. With over $100M in funding freshly acquired from benevolent investors who presumably saw the magic in rows and columns, Jedox’s software—once confined to on-premises and cloud habitats and strictly the domain of financial planners—has boldly ventured into HR planning, procurement, and other nearby territories. The latest cosmic mission? To stretch its ever-adaptable tentacles into even more industries and use cases, proving that spreadsheets, like life, are more interesting when you explore the infinite improbabilities.


2020. Explo snags $2.3M to help build customer-facing BI dashboards



It is a well-known fact that the universe is full of incomprehensibly complex data, which someone somewhere is always trying to make sense of, usually with a feeling of existential dread. Enter Explo, a small yet wildly ambitious startup armed with $2.3 million in seed funding, whose mission is to help other people make tidy, customer-friendly dashboards out of this cacophony. Originally, they’d set off to tackle the labyrinthine process of preparing data for mysterious models and vaguely alarming applications. But, as the founders’ conversations with actual humans progressed, they encountered a new truth: what was really needed was a quick, painless way to turn all that unruly data into clean, comprehensible, customer-facing dashboards. So, in a dazzling feat of pivoting, they did precisely that.