Top 20 Business Intelligence Solution Companies - 2021
Gone are the days when business intelligence (BI) analysts used hand-crafted and cumbersome spreadsheets to manage business-critical data. This trend can be traced back to over 15 years ago when most companies had no clue about advanced BI analytics and big data. Over the years, BI has evolved by leaps and bounds to deliver unprecedented benefits, from generating revenues to reducing costs and improving operational efficiencies. With the groundbreaking advancements in technology, such as AI, automation, natural language generation, BI, which was once solely the province of IT data experts and analysts, is today democratized for strategic advantage.
Advances in predictive analytics, deep learning, reinforcement learning, and other AI techniques are triggering a paradigm shift in the way companies approach strategic planning and decision-making. Additionally, the rise of no-code automated machine learning (AutoML) tools is increasingly making way for companies to integrate their BI strategies with AI and ML technologies. While most traditional analytics tools have typically relied on structured data, BI firms are capturing the hidden power of unstructured data and elevating the quality standards of business data by turning to digital twins.
Successful organizations are prioritizing a modern business intelligence approach to reshape and reorient their business strategies seamlessly. Companies realize that BI holds tremendous potential to revolutionize business operations and are looking for the right BI solution provider to capitalize on the promising capabilities of this technology.
In order to simplify and assist CIOs in identifying the right BI Solution, CIOReview presents “20 Most Promising Business Intelligence Solution Companies - 2021.”
A distinguished panel comprising CEOs, CIOs, VCs, Analysts, and the CIOReview editorial board has selected the top BI Solution providers. In our selection process, we looked at the company’s offerings, core competency, news/press releases, client testimonials, milestones and other recognition.