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AI-Powered Enterprise Analytics AnswerRocket is an AI-powered augmented analytics platform that enables business users to get instant answers and insights from their data. With AnswerRocket, customers can monitor key metrics, identify performance drivers ...Read more about AnswerRocket
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InetSoft Style Intelligence is a business intelligence software platform that allows users to create dashboards, visual analyses and reports via a data mashup engine—a tool that integrates data in real time from multiple sources. These sources can include ...Read more about Style Intelligence
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Google Analytics 360 is an enterprise-level analytics platform with in-depth performance indicators, such as ROI analysis reports. The app's primary function is to provide insights into customer behavior interactions with websites and apps to identify effe...Read more about Google Analytics 360
Phocas is a team of passionate professionals who are committed to helping people feel good about their data. Our software brings together organizations’ most useful data from an ERP and other business systems and presents it in a way that makes it easy to ...Read more about Phocas Software
K3 is a low code integration and streaming ETL (extract, transform, load) platform for businesses within industries including trading, healthcare, hospitality, retail, software and manufacturing. The low code platform offers tools for managing integration ...Read more about K3 by BroadPeak
Entrinsik Informer is a business intelligence tool that is designed for business and IT professionals. Key features include a dashboard, data scheduling and analysis and report generation. Entrinsik Informer allows users to extract data in real time f...Read more about Informer
Smartlook is a cloud- and mobile-based quantitative analytics solution that helps businesses of all sizes with user behavior and insights. Smartlook answers the ‘what’ and ‘why’ behind every user action. Primary features of the software include...Read more about Smartlook
Fluent (formerly Windward Core) is a powerful document generation platform combining an MS Office designer plugin, a centralized template manager, and a best-in-class engine to automate your business’s frequently created documents. ...Read more about Fluent
Google Charts is a cloud-based business intelligence solution designed to help teams visualize data on their websites in the form of pictographs, pie charts, histograms and more. Key features include content management, custom dashboards, dataset managemen...Read more about Google Charts
Hevo is a no-code, bi-directional data pipeline platform specially built for modern ETL, ELT, and Reverse ETL Needs. It helps data teams streamline and automate org-wide data flows that result in a saving of ~10 hours of engineering time/week and 10x faste...Read more about Hevo
datapine is a business intelligence software designed to empower companies in exploring, visualizing, analyzing, and sharing their company data all in one centralized analytics platform. Businesses can unlock the potential of their data and gain valuable i...Read more about datapine
Jirav is a cloud-based financial planning and reporting solution that is designed to give businesses the proper tools to examine historical data and build accurate financial models and plans. With Jirav, users are able to accurately forecast financial oper...Read more about Jirav
Competera is an AI-powered platform helping retailers to set optimal prices. It uses last-gen ML technology combined with the best econometric practices. With Competera, businesses can boost bottom-line metrics and sustain the right price perception throug...Read more about Competera
Toucan is a customer-facing analytics platform that empowers organizations to drive engagement with the best end-user experience. Even complex tasks are made simple with the Toucan platform: Data visualization is guided, allowing the user to focus on the ...Read more about Toucan
Microsoft SQL Server Business Intelligence (BI) Edition is a database management and BI software solution designed for companies of all sizes. The system offers relational database management, which allows users to access enterprise data using structured q...Read more about Microsoft SQL Server
Rivery is a cloud-based solution that provides small to large enterprises with business intelligence tools to manage and automate data pipelines. It comes with a centralized dashboard, which enables users to gain insights into business operations, review o...Read more about Rivery
Cyclr is an embedded iPaaS platform for SaaS applications and app developers. The low-code integration toolkit enables you to quickly create, manage and publish self-service, in-app integrations between your application and hundreds of other third-party Sa...Read more about Cyclr
What if your product analytics tool actually knew your business, not just your data? Track the right data and actually get valuable insights! InnerTrends provides product analytics software for product-led growth companies. We're the only product analyt...Read more about InnerTrends
Diver Platform from Dimensional Insight is a data management and business intelligence (BI) platform. The solution can be used in various industries, including healthcare, beverage suppliers and distributors, manufacturers and supply chain companies. ...Read more about Diver Platform
Effortlessly create and display real-time TV dashboards with Geckoboard. Tailored for busy team leads and managers, Geckoboard simplifies sharing up-to-date data and KPIs throughout your organization. Connect to over 90 business applications, spanning sa...Read more about Geckoboard
ClicData is a business intelligence (BI) dashboard solution designed for use primarily by small and midsized businesses. The tool enables end users to create reports and dashboards. A drag-and-drop interface designed for ease of use allows users to co...Read more about ClicData
Neural Designer is a user-friendly app for data science and machine learning. It allows you to build AI-powered applications without coding or building block diagrams. Its graphical interface eliminates the need for coding and complex algorithms, allowing...Read more about Neural Designer
Popular Comparisons
Buyers Guide
This detailed guide will help you find and buy the right manufacturing bi software for you and your business.
Last Updated on March 16, 2023Manufacturers are always trying to optimize data to improve productivity. Optimized data allows them to accurately measure their performance and understand where their companies stand in terms of profit. To that end, business intelligence (BI) software designed especially for manufacturers can be extremely helpful.
Apart from helping improve productivity, manufacturing BI software allows manufacturers to enhance sales, revenue, and return on investments (ROI) by using insights through data analysis.
However, selecting one manufacturing BI software product from among the hundreds on the market can be overwhelming. That's why we've created this Buyer's Guide to detail everything you need to know before making the final purchase decision.
Here's what we'll cover:
What is manufacturing BI Software?
Common features of manufacturing BI software
Benefits of manufacturing BI software
What is manufacturing BI software?
Manufacturing BI software collects data such as total units manufactured, total units sold, total shipments, and buyer demographics from a manufacturer's existing systems as well as from across the supply chain. The software then analyzes data and provides actionable insights.
Manufacturing BI software allows manufacturers to make informed business decisions related to future sales strategies, materials management, and buyer targeting.
Analyze total sales, units sold, buyer demographics in Sisense BI software
Common features of manufacturing BI software
Different vendors offer different features in their manufacturing BI software. Selecting the best manufacturing BI software for your setup is easier when you know what the common features are and what they do.
Data mining | Scan through large volumes of data to identify previously unknown or new patterns. This is the fundamental step of business intelligence that other processes, such as predictive analytics, rely on. |
Predictive analytics | Forecast demand, predict customer behavior, and prepare strategies using statistical tools. |
Online analytical processing (OLAP) | Perform multidimensional analysis of large volumes of data. |
Dashboards | Highlight a manufacturing business's key performance indicators (KPIs) and focus on critical metrics. |
Data visualization | Create graphical representations of business data using simple user interfaces. |
Trend indicators | Identify patterns in production, sales, or distribution channels and decide on business strategy. |
Scorecards | Attach or assign a numerical weight to each KPI and then map its progress. For instance, a scorecard might assign an "A+" grade to 40 percent annual revenue growth if the goal was set at 20 percent. |
To further understand these features and learn about manufacturing BI software vendors, call our advisors at 855-998-8505 for free, no-obligation help. They'll help you narrow down your options by listening to your requirements and recommending the best-suited solutions for your business.
What type of buyer are you?
Before you start evaluating manufacturing BI software options, you'll want to know what buyer category you belong to. We believe most buyers will fall into one of the below categories:
Small manufacturers: These businesses are typically transitioning from pen and paper to a more automated system and only need basic BI functions such as data mining and predictive analytics.
Multilocation manufacturers: Operating multiple manufacturing units adds a layer of complexity to software requirements. These buyers need to understand customer demographics across locations and deal with large volumes of regional data. They require additional features such as data visualization and OLAP to analyze multidimensional data and create different graphical data representations.
Large (enterprise) buyers: These buyers value the seamless integration of data and processes that comes from having a unified platform for all functions. They appreciate a full-featured solution and would do best to seek an integrated enterprise resource planning (ERP) suite that includes manufacturing management and BI applications, along with other applications such as inventory management, supply chain management, etc.
Benefits of manufacturing BI software
While some of the benefits of manufacturing BI software may be clear from our discussion above, we've called out the most notable ones below:
Provides actionable insights: Manufacturing BI software provides insights related to manufacturing costs, raw materials usage, shipment costs, etc. using features such as predictive analytics and OLAP. Based on the insights, manufacturers can adjust their production strategy for higher profitability.
Improves overall sales: Manufacturing BI software helps manufacturing units identify untouched markets, sales trends, and product improvements. These insights help teams enhance their negotiations with customers, suppliers, and vendors to improve total sales.
Key considerations
Here are some important questions to consider before you purchase manufacturing BI software:
Availability of mobile apps: Manufacturers have to connect with various stakeholders (such as suppliers, vendors, buyers, etc.) at any point in time. Manufacturing BI software with a native mobile app allows them to receive real-time insights into production, shipment, sales status, etc. from anywhere. Look for solutions with mobile apps that work on all leading platforms such as iOS, Android and Windows.
Scalability: Ask your shortlisted vendors about the scalability of their products. You'll need a solution that supports your manufacturing business as it grows and is able to handle your expanding needs. For instance, if you plan to go from single-location to multilocation manufacturing, the software must be able to handle data from all your locations.
Customer support: Find out if the vendor offers support 24/7, only during business hours, or not at all. Also, ask about available support options, such as email, phone, or live chat.