- categoryBusiness Intelligence
Businesses are seeing an improvement in their rate of productivity and efficiency thanks to business intelligence (BI) software. With features for data discovery and analysis, it can collect, analyze, and interpret data into actionable insights for quick decision making that’s based on evidence. BI software is equipped with data visualization, warehousing, reporting, and dashboard features to allow users to choose a course of action within minutes. Unlike competitive intelligence, this type of software gathers data that the business produces instead of gathering data from external sources, allowing users to see actual business performance.
BI software makes data presentation easier by using graphs, maps, and charts and lets users determine market trends and customer purchasing patterns for more targeted marketing strategies. Users can access data anytime and perform business-intelligence-related tasks by using BI software.
We’ll consider two popular business intelligence software: Sigma vs. ibi. Let’s compare their features, integrations, and pricing models to determine the product that meets your business needs. Our experienced Technology Advisors can give you five recommendations when you use our free Product Selection Tool. It’s easy to use and takes only five minutes.
Sigma vs. ibi: An overview
Sigma is a web-based business intelligence and analytics platform designed for various business sizes that offers live access to cloud data warehouses. It helps business experts gather more data without requiring the use of a single line of code, making it easy to navigate even for non-technical users. Analysts can freely collect and interpret unlimited data in real time with the software’s familiar and intuitive spreadsheet interface, full SQL power, and cloud access. Businesses across all industries can use this self-service analytics platform.
Ibi is also a web-based business intelligence software for partners, customers, management teams, analysts, and line-of-business employees. Use the software to gather data from different sources and create dashboards with it by using applications, reports, analytical tools, and documents. Ibi comes with location intelligence, predictive analytics, data discovery, BI smart search, and natural language search features for data collection, analysis, and presentation. Users can share content, generate reports, and analyze data sets thanks to ibi’s self-service visual data discovery tool.
A comparison of features
· Advanced analytics:
The software offers users advanced analytics features such as data visualization, big data services, and predictive analytics for identifying trends and understanding patterns.
· Data modeling and blending:
Sigma comes with a data filtering feature that allows users to choose a smaller selection of a data set for analysis and review.
· Self-service capability:
The software has a self-service functionality, offering search, calculated fields, data discovery, auto-modeling, collaboration/workflow, and data column filtering capabilities that help save time. Sigma lets users focus on more important issues occurring within the business.
Reporting is made easier with Sigma’s report interface, scorecards, step-by-step report guide, charts, and graphs for clear presentations.
· Data visualization:
With data constellations, data presented in 3D pie and bar graphs and histograms are easier to understand. Ibi offers users with predictive analytics, natural language search, data visualization, storytelling, data discovery, query builder, and other visualization tools that help make reporting and presentation clearer.
· Decision support:
Users can confidently make evidence-based business decisions with the help of ibi’s data analysis, budgeting, forecasting, performance metrics, and application development capabilities.
· Data discovery:
Use the software’s sensitive data identification, visual analytics, contextual search, and self-service data preparation tools to find relevant data.
Ibi enhances evidence-based decision making by offering correct insights through automated reports, sales reports, forecasting, drag-and-drop, data source connectors, report exporting, customizable dashboards, and financial reporting functionalities.
A comparison of prices
Both Sigma and ibi do not provide pricing information publicly but welcome inquiries and quote requests from interested users. This practice ensures that businesses get the features and functionalities they need for the right price. Sigma is a subscription-based software that offers a free trial for those who want to test the software. Though ibi does not offer a free trial, representatives are ready to discuss options with interested users.
A comparison of integrations
Sigma does not make its third-party integrations public but welcomes inquiries from interested users. You can talk with sales representatives to help you know the software’s integrations.
Ibi seamlessly integrates with SAP Business One. For other integrations, you can contact the vendor.
Takeaways: Sigma vs. ibi
Sigma and ibi are both business intelligence software with strong features for data discovery and analysis. However, they both do not provide public pricing details, which is a common practice among vendors. In terms of subscriptions and plans, Sigma has the advantage of providing a free trial.
Mid-sized and large businesses can benefit from Sigma’s self-service capability that allows users to have full control of the software’s processes. This enables them to save time and focus on addressing issues and threats. Since large businesses produce huge amounts of data every day, Sigma’s data filtering capability lets users choose a smaller selection of a data set and analyze it. This achieves in-depth reports.
Between the two software, Sigma has more advantages than ibi. However, if you are looking for more business intelligence software options, use our free Product Selection Tool.