What is a SaaS product for business intelligence or analytics?

Another award with a focus on data-driven services, the judges are looking for data collection systems and intelligent analytics to help guide business decisions. Innovation is critical here, and there is no reliance on case study materials for successful applicants (although where given, it will be taken into consideration).

A SaaS product for business intelligence or analytics is a cloud-based software solution that enables businesses to collect, process, and analyze data in order to gain valuable insights into their operations and make data-driven decisions. These products typically offer a range of tools and features for data visualization, reporting, and analysis, including dashboards, charts, graphs, and predictive analytics.

Business intelligence (BI) and analytics are crucial for organizations to make informed decisions and improve their performance. With a SaaS product for BI or analytics, businesses can easily access and analyze data from various sources such as customer data, sales data, financial data, social media data, and other relevant data sources. These products offer advanced analytics capabilities, such as machine learning and predictive analytics, that can help businesses uncover hidden patterns and trends in their data.

One of the main advantages of a SaaS product for BI or analytics is its accessibility. Since these products are cloud-based, they can be accessed from anywhere with an internet connection, making it easier for businesses to collaborate and share insights across teams and departments. Additionally, SaaS products typically offer a range of pricing options that allow businesses to scale their usage up or down depending on their needs.

Another advantage of SaaS products for BI or analytics is their user-friendly interfaces. Many of these products offer drag-and-drop functionality and intuitive visualizations that make it easy for non-technical users to analyze data and create reports. This can help businesses democratize data access and make analytics more accessible to a wider range of users.

Overall, a SaaS product for BI or analytics is an essential tool for businesses looking to make data-driven decisions and improve their performance. With advanced analytics capabilities and user-friendly interfaces, these products can help organizations of all sizes to gain valuable insights from their data and stay ahead of the competition.

Previous recognition for Best SaaS Product for Business Intelligence or Analytics

For a broader understanding of this SaaS Awards category, we have gathered examples from previous winners, finalists, and shortlistees which impressed the judging team with their saas products for BI or analytics.

Winner of The SaaS Awards 2022 for the Best SaaS Product for Business Intelligence or Analytics

Quote From Lead Judge –  Christopher Southall 

The BI solutions of WebFOCUS Hub GUI are excellent. The fact that this was a fully featured web-based BI solution that included all the elements you would find in a conventional desktop model and had a highly user-friendly design further impressed us at SaaS Awards. Additionally, we were equally astounded by the superb features, such as improved drill ability and parameter toggle options, as these strengthen their BI skills and add additional tools and functionality that you simply won’t find in competing solutions. Congratulations, TIBCO!” 

Finalist of The SaaS Awards 2022 for the Best SaaS Product for Business Intelligence or Analytics

ThoughtSpot is a company that offers a SaaS product for business intelligence and analytics. Their product aims to provide users with an intuitive and powerful platform to analyze data, gain insights, and make data-driven decisions.

Tools that enable users to dive deep into data, explore patterns, and discover meaningful insights. This may involve interactive filtering, slicing and dicing data, applying advanced analytics functions, and conducting ad-hoc analysis.

A strong entry for the Best SaaS Product for Business Intelligence or Analytics category should include:

  • Should clearly explain the problem that the product solves and the unique value proposition that it offers to businesses. This should include a clear description of the product’s features and capabilities, as well as how it differs from other products on the market.
  • Should provide evidence of the product’s effectiveness in addressing the problem it solves. This can include case studies, testimonials, or other forms of customer feedback that demonstrate the impact that the product has had on businesses using it.
  • Should highlight any unique or innovative features that the product offers. This could include machine learning capabilities, predictive analytics, or other advanced features that set the product apart from competitors.
  • Should include information about the product’s user interface and ease of use. This is especially important for products in the BI and analytics space, as many users may not have a technical background. The entry should highlight any intuitive features or user-friendly interfaces that make the product easy to use.
  • Should provide information about the company behind the product, including its track record, customer support, and future plans for product development. This can help judges to assess the product’s overall potential and long-term viability.

Overall, a strong entry for the Best SaaS Product for Business Intelligence or Analytics category should be clear, concise, and focused on the product’s value proposition, effectiveness, unique features, ease of use, and overall potential.

Why Enter The SaaS Awards?

The SaaS Awards is a program from The Cloud Awards. Since 2011, we’ve been helping organizations across the globe gain the recognition they deserve for market-leading innovation in the cloud computing and software sectors.

For a detailed breakdown of all the benefits you receive as an awards entrant as either a shortlistee, finalist or ultimate winner, please see our “Why Enter?” page. The many benefits are replicated across all international awards programs. If you have any questions about this category, please contact us.