In today’s fast-changing digital world, the role of business analysts has become crucial. These experts act as a link between IT solutions and business goals, analyzing large amounts of data to guide strategic decisions. With the increasing complexity and amount of data, Artificial Intelligence (AI) tools have become essential for business analysts. Using AI can significantly boost their abilities, helping them discover deeper insights, forecast trends, and make better-informed decisions quickly, keeping them ahead in the competitive market.
We’ve compiled a list of the 20 best AI tools designed to support business analysts. Whether you aim to simplify data analysis, automate repetitive tasks, or encourage creative problem-solving, this list aims to provide the tools you need to revolutionize your approach to business analytics. Let’s dive into how these AI tools are changing the game for business analytics, opening up new possibilities for growth, efficiency, and gaining a competitive edge.
1. Tableau
Tableau is a powerful and intuitive analytics platform designed to help people see and understand their data. It provides a comprehensive suite of tools for data visualization, exploration, and sharing. With Tableau, users can easily create interactive and shareable dashboards that highlight trends, variations, and patterns in data using drag-and-drop functionality.
This platform supports data analysis for individuals and organizations of all sizes, enabling them to make data-driven decisions quickly. Tableau’s robust integration capabilities allow for seamless connection to a wide array of data sources, ensuring flexible and efficient data management.
2. Amplitude
Amplitude’s AI platform offers data analysis tools that use artificial intelligence to help businesses understand trends and user behavior. It simplifies decision-making by providing insights and recommendations. This platform is designed to improve user engagement and support data-driven strategies, making analytics accessible and actionable for companies aiming to optimize their products and services.
3. IBM Watson Analytics
IBM Watson is an integrated analytics platform that enables data-driven decision-making. It combines predictive analytics, reporting, data analytics, and data integration capabilities. Users can adjust business objectives, deliver dynamic plans, analyze historical data, and link financial plans with operational performance. The platform provides personalized experiences, AI-powered recommendations, and customizable dashboards for confident, data-driven decision.
4. ChatGPT
ChatGPT significantly boosts productivity and refines the work process for business analysts. It aids in data exploration, offering insights and uncovering patterns that might go unnoticed, thereby enhancing data-driven decision-making.
ChatGPT also supports process modeling, helping analysts identify inefficiencies and optimize workflows. Its capability in predictive analytics provides foresights into future trends, aiding strategic planning. Furthermore, ChatGPT can efficiently produce reports and documentation, reducing the time and effort analysts spend on these tasks.
5. Polymer
Polymer is a Business Intelligence (BI) platform that stands out for its simplicity and accessibility. Unlike other complex BI tools, Polymer offers a straightforward approach to data exploration, visualization, and dashboard creation. Whether you’re a seasoned analyst or a novice, you can dive into your data without the need for extensive technical skills. The platform empowers users to connect to various data sources, including Shopify, Stripe, GA4, Sheets, and Zendesk. With Polymer, you’ll be presenting your insights like a pro in no time.
6. DataSquirrel
DataSquirrel.ai is an innovative Business Intelligence (BI) platform that empowers individuals and teams to transform raw data into actionable insights. With its user-friendly interface, even those without technical expertise can analyze data efficiently. Features include auto-cleaning, auto-analysis, and auto-visualization. Data augmentation, custom reports, collaboration, and automation enhance productivity.
7. Pi Exchange
Pi Exchange is a dynamic platform that empowers users to transform data into actionable predictions using the AI & Analytics Engine. Whether you’re a marketing professional aiming to predict customer behavior, a business analyst seeking to level up your analysis techniques, or a data scientist streamlining experimentation, the Engine has got you covered.
It accelerates time-to-value for machine learning projects, reduces complexity, and overcomes data skills shortages. With Pi Exchange, the power of AI is accessible to businesses of all sizes, making predictive analytics cost-effective and sustainable.
8. Shan
Shan is an AI-powered virtual business analyst designed to expedite business analysis tasks, offering a wide range of services including the creation of business analysis documents, functionality requirements, user stories, technical analysis, and growth strategies. This advanced tool is capable of transforming weeks of analysis work into just a few minutes, merging human-like understanding with AI precision for enhanced business planning and strategy formulation.
9. Microsoft Power BI
Power BI is designed to help organizations uncover valuable insights and turn them into actionable results. This platform allows users to connect to a wide array of data sources, enabling the creation of interactive and compelling visuals. It also facilitates the embedding of these visuals into everyday applications, enhancing decision-making processes across the organization.
Power BI supports data-driven culture by providing tools for seamless integration, sharing, and scaling of data insights, ensuring comprehensive governance and security.
10. Splunk
Splunk provides a data platform aimed at enhancing enterprise resilience through extensive data access, advanced analytics, and automation capabilities. It specializes in offering cloud-based solutions for data analytics across various environments, enabling organizations to gain insights, improve security via its leading SIEM system, and ensure service performance through observability tools for monitoring and application performance. Splunk’s platform supports businesses in transforming data into actionable intelligence, thereby optimizing operational efficiency and security posture.
11. Akkio
Akkio is a specialized AI data platform designed for agencies, enabling them to enhance their client engagements through AI-powered analytics and predictive modeling. It offers capabilities to prepare and clean data, predict and forecast outcomes, and generate reports, all aimed at improving client performance across various metrics such as return on ad spend and search engine optimization.
The platform emphasizes ease of use, integrating various data sources, and providing actionable insights without requiring coding skills, making advanced data analysis accessible to all team members within an agency.
12. MonkeyLearn
MonkeyLearn is a platform designed to simplify text analytics by using artificial intelligence. It enables users to clean, label, and visualize customer feedback in one centralized location. The platform offers instant data visualizations, detailed insights, pre-built and custom machine learning models for easy analysis, and business templates tailored for various scenarios. MonkeyLearn supports integration with apps and BI tools, facilitating actionable insights from data without the need for coding skills.
13. Qlik
Qlik is recognized as a leader in providing comprehensive data integration, data quality, and analytics solutions aimed at enhancing business outcomes through data. It supports AI strategies by offering real-time data integration, automated transformation, and robust data quality measures, ensuring data is business-ready. Qlik’s analytics and business intelligence solutions make insightful, data-driven decisions accessible to everyone, leveraging associative analytics, accessible AI, and rapid response capabilities.
14. Sisense
Sisense offers a powerful analytics platform designed to integrate intelligent analytics into your products. It enables the rapid development of data-driven applications with its APIs and SDKs, offering a seamless user experience tailored to your branding. The platform supports predictive insights and operates efficiently across various cloud environments. It’s favored by development teams for its flexibility and scalability, helping businesses to enhance customer satisfaction and unlock new revenue streams through innovative data products and insights.
15. Altair RapidMiner
RapidMiner is a dynamic data analytics and AI platform that caters to organizations at various stages of their data journey. Whether you’re an established data analytics team seeking modernization or a team just starting out on the path to automation, Altair RapidMiner has solutions for you. It simplifies data preparation, streamlines model creation, and provides real-time data insights.
16. Google Looker
Looker is an enterprise solution designed to empower organizations with data exploration, real-time insights, and embedded analytics. By leveraging Looker, you can delve into your company’s data, visualize it effectively, and make informed business decisions. Whether you’re creating customizable reports or interactive dashboards, Looker simplifies the process, ensuring that your data is not only comprehensible but also easily shareable with stakeholders.
17. Domo
Domo offers a comprehensive data experience platform designed to transform data into actionable insights and decisions through AI-driven experiences, intuitive analysis, and a robust foundation connecting diverse data systems. It features capabilities such as business app development with low and pro-code options, self-serve reporting, interactive dashboards, and embedded analytics.
18. DataRobot
DataRobot offers a comprehensive AI platform that focuses on both generative and predictive AI, enabling businesses to scale AI applications confidently with enterprise-level monitoring and control. It provides a unified ecosystem for AI operations, governance, and development, ensuring full visibility and oversight for AI projects.
19. H2O.ai
H2O.ai is recognized for its advanced AI Cloud Platform, specializing in both generative and predictive AI capabilities. The platform enables users to retain full control over their models and data, providing a suite of tools for AI application development, including enterprise-grade Generative AI (GenAI) solutions, automated machine learning (AutoML), and custom large language model (LLM) creation. It caters to a range of deployments, from air-gapped and on-premises to cloud VPCs, emphasizing data privacy, security, and customization.
20. Alteryx
Alteryx is a platform that empowers users to break through data barriers, delivering analytics, data science, and process automation in one unified solution. It facilitates easy preparation, blending, and analysis of data, streamlining the process from insight to outcome. Alteryx offers tools for both seasoned data professionals and those new to data work, allowing them to leverage predictive analytics and machine learning without the need for extensive coding knowledge.
Adopting Artificial Intelligence (AI) tools has become essential for industry leaders seeking an edge. The 20 AI tools we’ve discussed are more than just tools; they’re essential allies in the intricate, data-centric business arena. Integrating these tools enhances your analytical capabilities, leading to smarter, more innovative decision-making.
In the dynamic business environment, these AI tools equip you to predict and adapt to market changes with unmatched precision and agility. From automating routine tasks to delivering deep insights from data, they enable you to focus on strategic business growth.
We invite you to explore the potential of these AI technologies. Let them be the catalyst for your success, guiding you to new levels of achievement and innovation. The future of business is powered by AI, and by embracing these tools, you’ll be at the forefront of this evolution, charting a course for unprecedented success.