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11 Best Data Analysis Software Reviews in 2022 | Versatile and Affordable Solutions

11 Top Picks

4 Reviewers

50 Hours of Research

20 Options Considered

Are you looking for the best data analysis software? There are many options on the market, and it can be tough to decide which one is right for you. It would help if you had software that can handle your data needs, but you also need easy to use and understand.

No matter which software you choose, be sure to do your research first. Please make sure the software can handle the data you have and is user-friendly. Also, be sure to ask around to see what other people are using. You may find someone you know who uses great data analysis software that you have never heard of.

3 Top Data Analysis Softwares

software by Microsoft

1. [Best Overall]

 Excel

4.9/5

Excel is a powerful and versatile program that can be used for a wide range of tasks. When used correctly, it can help you be more productive and organized. 

  • Can help you with business
  • You are able to keep track of your finances
  • A wide range of customization options

Tableau software

2. [Best For The Money] Tableau

4.8/5

Tableau allows users to connect to various data sources, such as Excel spreadsheets, SQL databases, and cloud-based services like Salesforce.com and Google Analytics.

  • Easy to use
  • It can be customized to fit the needs of individual users
  • Free trial version available
software by Microsoft

3. [Best New Features] Microsoft Power BI

4.7/5

Power BI is a business analytics tool that enables you to visualize data and share insights. You can use it to create reports, Dashboards, and Scorecards. Power BI is a cloud-based service so that you can access it from anywhere.

  • Can connect to a variety of data sources

  • Good for understanding data
  • Integrates well with other Office 365 applications

We've created a comprehensive guide to the best data analysis software on the market. We'll show you the options out there and help you decide which one is right for your business. Whether you're looking for a simple spreadsheet program or a more complex data analysis suite, we have you covered.

Our Comprehensive Reviews of Best Data Analysis Software

In our comprehensive guide to data analysis software, we'll show you the best programs on the market. We'll help you decide which one is right for your business and give you a breakdown of the features of each program. The best data analysis software includes:

[Best Overall]

4.9/5

Excel is a top-rated program and is used by millions of people worldwide. It is easy to learn and has many features that can be used for a wide range of tasks. Excel is ideal for business and financial analysis but can also be used for personal charges such as budgeting and tracking expenses.

software by Microsoft

One of the best things about Excel is that it can be used on various devices, including PCs, Macs, and mobile devices. It makes it easy to access your work from anywhere, and you can even use Excel on the go to create or edit spreadsheets.

Excel is also a very versatile program and can be used for a wide range of tasks. It offers formulas, charts, and filters that make it easy to create or edit data. You can also use Excel to collaborate by sharing spreadsheets or working on them together.

Additionally, Excel offers a wide range of customization options. It means that you can change the look and feel of your spreadsheets to match your preferences. You can also add macros to your spreadsheets to automate everyday tasks.

Overall, Excel is a powerful and versatile program that can be used for a wide range of tasks. When used correctly, it can help you be more productive and organized. 

Pros

  • Can help you with business or financial analysis
  • You are able to keep track of your finances
  • A wide range of customization options

Cons

  • Might be expensive 

[Best For The Money]

4.8/5

Tableau is a data visualization software used to create and share interactive charts and graphs. It helps users to understand large amounts of data quickly. Tableau allows users to connect to various data sources, such as Excel spreadsheets, SQL databases, and cloud-based services like Salesforce.com and Google Analytics.

Tableau software

One of the best features of Tableau is that people with no programming experience can use it. Tableau comes with a built-in drag-and-drop interface that makes it easy to create graphs and charts.

Tableau can also be customized to fit the needs of individual users. Users can create their templates, customize the look and feel of their charts, and create their calculations.

It is a paid software, but there is a free trial version that users can download. Tableau is used by businesses and organizations of all sizes, including Google, Facebook, Netflix, etc. While Tableau is not the only data visualization software on the market, it is one of the most popular and well-known. It is an excellent tool for quickly understanding large amounts of data.

Pros

  • It is easy to use, even for people with no programming experience.

  • It can be customized to fit the needs of individual users.
  • It is widespread and well-known, so a large community of users can help with tips and tricks.

  • The pricing is competitive, and there is a free trial version available.

Cons

  • The software can be expensive, depending on the features you need.

[Best New Features]

Power BI is a business analytics tool that enables you to visualize data and share insights. You can use it to create reports, Dashboards, and Scorecards. Power BI is a cloud-based service so that you can access it from anywhere.

One of the best things about Power BI is how it is easy to use. You don’t need to be a data expert to get started. There are several tutorials available online that can help you get started.

software by Microsoft

With Power BI, you can:

  • Connect to data from various sources, including Excel, SQL Server, and the cloud.

  • Create reports, dashboards, and scorecards that help you understand your data.

  • Share insights with others using live links or embedding.

It is part of Microsoft Office 365, which means you can use it to connect to data from your Office 365 tenant. You can also use Power BI Desktop to connect to data from other sources, such as SQL Server and the cloud. Power BI is available as a standalone product or as part of Office 365.

When using Microsoft Power BI, you should keep a few things in mind. It is essential to understand data visualization to get the most out of the product. Additionally, Power BI integrates well with other Office 365 applications, so be sure to explore those integrations. Finally, always look for new features and enhancements that Microsoft releases for Power BI.

Pros

  • Can connect to a variety of data sources

  • Good for understanding data
  • Integrates well with other Office 365 applications

  • New features and enhancements are released regularly

Cons

  • May require a good understanding of data visualization

4.6/5

Looker is a business intelligence and data analysis software that allows you to explore, analyze and share your data. It has a simple yet powerful user interface that makes it easy to learn and use. Looker also has built-in visualizations and reporting tools that make it easy to get started with data analysis.

Looker software

The main features of Looker are:

  • Simple and powerful user interface

  • Built-in visualizations and reporting tools

  • Scalable and can be used by businesses of all sizes

  • Integrates with a wide range of data sources

It's also very scalable and can be used by businesses of all sizes. It integrates with many data sources, including SQL databases, big data platforms like Hadoop, and cloud storage providers like Amazon S3.

Looker is an excellent tool for businesses that want to get started with data analysis or improve their existing data analysis process. It's easy to use and comes with a wide range of features that make it a powerful tool for data analysis.

The main downside of Looker is that it can be expensive, especially for larger businesses. However, the cost can be worth it for Looker's benefits. It can be a great tool for companies to improve their data analysis process and value their data.

Looker is perfect for businesses that need to track sales data or customer behavior. You can use Looker to create custom visuals for reports or presentations. The automatic data model generation scans data schemas and infers the relationship between data tables, making it easy to get started. Looker is also scalable, so you can grow with it as your business expands.

Pros

  • Simple and powerful user interface

  • Built-in visualizations and reporting tools
  • Scalable and can be used by businesses of all sizes

  • Integrates with a wide range of data sources

Cons

  • It can be expensive, especially for larger businesses

5. Domo

4.5/5

It has over 1,000 built-in integrations that enable data transfer between on-premises and cloud external systems. This business intelligence can build custom apps and dashboards. It works as a single platform integrating ETL software and data warehouse.

Domo software

Domo is a data analysis software that allows you to easily connect to your data and create beautiful visualizations. It also provides powerful insights and recommendations to help you make better decisions. Domo is perfect for businesses of all sizes.

Also, it is a cloud-based software that you can access from anywhere. It is a convenient option for businesses that have employees working remotely. Domo also offers a mobile app so that you can access your data on the go.

One of the best features of Domo is its ability to connect to a wide variety of data sources. It includes data from social media, databases, and spreadsheets. Domo also offers connectors for popular business tools such as Salesforce and QuickBooks.

It is a great option for businesses that want to make better decisions based on data. It provides insights and recommendations that help you understand your data better. Domo is also perfect for growing companies and needs a tool to help manage their data.

While Domo is an excellent option for businesses of all sizes, it may not be the best fit for smaller companies. If your business doesn’t have a lot of data or doesn’t need complex insights and recommendations, Domo may not be the right tool for you.

Pros

  • Can connect to a wide range of data sources

  • It helps you understand your data better
  • Convenient for remote working employees

Cons

  • Best for big businesses

4.4/5

Sisense is a business intelligence and analytics software company. It was developed in 2004 and is proliferating. It is an excellent choice for businesses of all sizes. It offers a variety of pricing plans to meet the needs of different companies. It also has a free trial to try it before they buy it.

Sisense software

It offers a cloud-based platform that helps users analyze data and share insights. Sisense enables you to connect to various data sources. It also provides an API that allows users to connect to their data sources and build custom applications.

Sisense has various features, including data visualization, reporting, and dashboarding. When using Sisense, you can connect to a data source, load it into Sisense, and start analyzing it. Sisense supports various data formats, including CSV, Excel, JSON, and SQL.

Once you have loaded your data, you can create reports and dashboards. Sisense's reporting and dashboard features are robust and easy to use. You can create reports and dashboards by dragging and dropping widgets, and you can customize the look and feel of your reports and dashboards.

Sisense also includes a powerful data exploration feature. With Sisense, you can explore your data interactively. You can filter your data, slice it, dice it, and more. Sisense makes data analysis easy. You don't need any special skills or training.

Pros

  • Easy to use

  • Powerful reporting and dashboard features
  • Interactive data exploration

Cons

  • Limited support for data formats

4.3/5

RapidMiner integrates, cleans, and transforms data before running statistical models and predictive analytics. It also offers various features, including data preparation, machine learning, and text analytics.

The data analysis software is excellent for understanding your scientific and medical data. Data scientists use it to make better decisions for your business. It also offers various features, including machine learning and text analytics.

software by RapidMiner

RapidMiner is a great tool for predictive analytics, data mining, and machine learning. It can help you clean and transform your data before running statistical models. The software also offers various features, including text analytics and machine learning.

It requires a certain level of expertise to use, but it is well worth the investment. You can use RapidMiner to make better business decisions and understand your scientific and medical data. The software offers various features, including machine learning and text analytics.

Pros

  • Excellent for understanding scientific and medical data

  • It can help you make better decisions for your business
  • Offers various features, including machine learning and text analytics

Cons

  • Can be expensive

4.2/5

Orange is a data analytics tool that Facebook created. It is a powerful tool that can be used for data mining, data analysis, and data visualization. It uses python language and uses widgets to create visualizations.

One of the benefits of using Orange is an open-source tool. It means that the code is available for users to modify and customize as needed. It also means that a large community of users can provide support if required.

Orange software logo

Orange is a user-friendly tool that is easy to learn. It has a wide variety of widgets that can be used for data analysis. These widgets include:

  • Histograms

  • Boxplots

  • Pie charts

  • Scatter plots

  • Bar graphs

Orange involves two stages of data analysis: Exploratory data analysis (EDA) and confirmatory data analysis (CDA).

The EDA stage is used to get a better understanding of the data. This stage includes data visualization, data mining, and feature extraction. The goal is to find patterns and relationships in the data.

The CDA stage is used to confirm the findings from the EDA stage. The goal is to test the hypotheses identified in the EDA stage. This stage includes statistical tests and modeling.

Pros

  • Open-source

  • User friendly
  • Wide variety of widgets

  • It can be used for data mining, data analysis, and data visualization

Cons

  • Requires python language knowledge

4.1/5

Compass is a Bruker Daltonic software that allows you to perform chemoinformatics and Bioinformatics. These are the main features of Compass:

  • The ability to rapidly screen and compare chemical structures and molecular properties

  • The ability to identify small molecules with desired biological activity

  • The ability to visualize 3D structures of biomolecules

  • Interactive drawing tools for creating chemical structures

compass analytics software capture

It provides you the ability to analyze your data quickly and easily. Compass- The data analysis tool makes data analysis a breeze with its easy-to-use and straightforward interface. Plus, you can get insights into your data that you never thought possible with its powerful features.

Compass uses three main components- data sets, dimensions, and measures. Data sets are the raw data you want to analyze, while dimensions are the categories or attributes of your data set. Measures are the numerical values associated with each dimension.

To get started with Compass, select your data set and dimensions. Compass will automatically calculate the measures for you. You can then explore your data in various ways, including graphs and tables.

Pros

  • Compass is easy to use

  • It provides robust data analysis features
  • It makes data analysis a breeze

Cons

  • Visualizations aren't the best

10. YouGov

4.0/5

YouGov is a data analysis tool that you can use to obtain insights into public opinion. Also, you can use it to understand how people feel about specific topics. 

YouGov is a UK-based company that was founded in 2000 by Stephan Shakespear. It has since become a global leader in online polling and data analytics.

YouGov web page capture

YouGov conducts online polls of both the general population and specific groups of people, such as voters or consumers. It then uses this data to generate insights into public opinion.

One of the critical features of YouGov include:

  • Multiple questions can be asked on the same topic so that comparisons can be made

  • The data can be broken down by demographics (e.g., gender, age, race, education)

  • It can filter data to show only the responses of particular groups of people (e.g., voters, consumers)

  • Audience segmentation

  • Supports PowerPoint integration

  • Does market research

YouGov also offers a data visualization tool that allows users to create graphs and charts based on the data.

YouGov is an excellent resource for anyone who wants to understand public opinion on a given topic. It is also a perfect tool for tracking changes in public opinion over time.

Pros

  • Can understand how people feel about specific topics

  • Can track changes in public opinion over time
  • It offers a data visualization tool

Cons

  • Some questions can be challenging to understand without background knowledge on the topic

3.9/5

IBM Watson is a data analysis tool that can help organizations manage and make better decisions. Watson comprises several modules, including a natural language processing module, a machine learning module, and a reasoning module. These modules allow Watson to analyze data in several ways, including text analytics, predictive analytics, and decision management. Watson can also be used to create chatbots, which can interact with customers or employees.

IBM Watson homepage capture

Text analytics is the process of analyzing text data to extract information. Watson can use natural language processing to analyze text data and extract meaning. It allows Watson to understand the content of documents and find specific information within them. Watson can also use machine learning to analyze text data. Machine learning will enable Watson to learn from data and improve its ability to extract information from text.

It can use machine learning to create models that predict future events. These models are based on past data and can be used to make decisions about the future. Decisions that can be made using predictive analytics include what products to sell, what prices to charge, and who to hire.

Watson can also use machine learning to create models that predict future events. These models are based on past data and can be used to make decisions about the future. Decisions that can be made using predictive analytics include what products to sell, what prices to charge, and who to hire.

In addition to text data, Watson can also analyze numeric data. It allows Watson to find trends and patterns in data. Watson can also use machine learning to create models that predict future events. These models are based on past data and can be used to make decisions about the future. Decisions that can be made using predictive analytics include what products to sell, what prices to charge, and who to hire.

Pros

  • Can analyze text, numeric, and image data

  • Can create chatbots
  • Can make predictions

  • It is available as a cloud service

Cons

  • It may be expensive for some organizations

Methodology for Choosing the Best Data Analysis Software

Every software program is different, and each has its own set of strengths and weaknesses. In order to choose the best data analysis software, we considered the following factors:

Your Budget

Not all data analysis software is created equal – some programs are more expensive than others. It would be best if you also considered the needs of your business. What kind of data do you need to analyze? And what format does that data take? If you need to analyze large data sets, you'll need a more powerful program than someone who only needs to track weekly sales figures.

Data Modelling Capability of the Tool

Data modeling is the process of creating a mathematical representation of a real-world phenomenon. If you need to build complex models, you'll need a tool with good data modeling capabilities.

The Features of the software

Not all programs are created equal – some have more features than others. Make sure to find a program that has the features you need. For example, if you need graphing capabilities, make sure the software you choose has that feature.

Ease of Use

You don't want to spend hours learning how to use a data analysis program. Make sure the software is easy to understand and use. It should be intuitive and user-friendly.

Your Business Needs

When you're looking for the best data analysis software, consider the needs of your business. If you need to analyze large data sets, you'll need a more powerful program than someone who only needs to track weekly sales figures. Some programs can handle huge data sets, while others are limited in their capabilities. Make sure to find a program that can handle the needs of your business.

two people in the office in front of the monitor

What is Data Analysis Tools?

Data Analysis tools allow you to examine data in greater detail. It can include sorting and filtering data, creating graphs and charts, or calculating mathematical operations. You can use these tools for various purposes, such as business intelligence, scientific research, or financial analysis.

Moreover, data analysis tools come in a variety of different forms. There are standalone software programs, online services, and even browser extensions. The best tool for you will depend on your specific needs and preferences.

Additionally, data analysis tools can be expensive. However, there are many affordable options available, and you may be able to find free trials or demos to help you make your decision.

Data Analysis Methods

Before selecting the best data analysis software for your needs, you must understand the different available methods. The most common data analysis methods are:

Descriptive Statistics

This method uses numerical techniques to summarize data. It can include things like the mean, median, and mode. When using descriptive statistics, you can better understand the distribution of data and any patterns that may exist.

Inferential Statistics

Inferential statistics uses data to make inferences about a larger population. It can be done using samples to calculate standard error or confidence intervals. With inferential statistics, you can make predictions about people based on your data.

Regression Analysis

Regression analysis is a method of statistical analysis that allows you to model relationships between variables. It can predict future values or understand the factors influencing a particular outcome.

Multi-variate Analysis

A multi-variate analysis is a technique that allows you to examine data from multiple perspectives. You can use it to identify relationships between different variables or understand the impact of one variable on another.

Once you understand the different methods available, you can start to think about which ones are most important to you. For example, if you need to make predictions about future values, then you'll need a tool that includes regression analysis.

a person watching the graphs on the large screen

How to Use Data Analysis Software

Once you've chosen the proper data analysis software for your business, you need to learn how to use it. Each software package offers a different set of tools, so you'll need to spend some time remembering what each one can do.

Most data analysis software packages include tutorials or help files that can teach you how to use the software. If you're unsure where to start, these resources can be an excellent place to start.

You can also find online tutorials and classes that can teach you how to use data analysis software. These tutorials can be a great way to learn the basics of data analysis and use the software package of your choice.

When It Makes Sense to Invest in Data Analysis Software

Not all businesses need data analysis software. If you're a small business with a limited budget, you may not need to invest in expensive software. However, if you're dealing with large amounts of data or need to make complex calculations, data analysis software can be a lifesaver.

If you're not sure whether data analysis software is right for you, consider the following scenarios:

• Your business is growing, and you need to track and analyze more data

• You want to improve your marketing efforts by analyzing customer data

• You need to make complex calculations or forecasts

• You want to create graphs or charts to present your data

The best data analysis software can help you do all of these things and more.

If your business is growing and you're starting to collect more data, you need to find a data analysis software package that can grow with you. Some software is limited in the amount of data it can handle, while others can handle unlimited amounts. Make sure to find out how much data your software can handle before you buy it.

Once you have your data, you need to understand it. Data analysis software usually includes built-in tools to help you do just that. Some software offers simple tools for basic calculations, while others offer more complex data mining and predictive analysis tools.

FAQ

research graphic illustration

Q. What is data analysis software?

A. Data analysis software is a program that helps businesses track, analyze, and understand data. It includes tools to make calculations, graphs, and charts. Businesses can use it to improve their marketing efforts, make complex calculations, and track their business growth.

Q. How much does data analysis software cost?

A. Data analysis software can cost anywhere from a few hundred dollars to several thousand dollars. It depends on the features and capabilities of the software.

Q. What software do data analysts use?

A. Data analysis software is a broad category that includes a variety of programs. Typical data analysis software packages are Excel, SPSS, SAS, and MATLAB.

Q. Which software is best for data analysis?

A. There is no one-size-fits-all answer to this question. Businesses should consider the amount of data they need to analyze, the tasks they need to perform, and their budget when choosing data analysis software. Price and complexity are two critical factors to consider when making a decision.

Q. Do I need data analysis software?

A. Not everyone needs data analysis software. Businesses that need to track and analyze more data want to improve their marketing efforts or make complex calculations should consider using data analysis software.

Q. What are some tasks that data analysis software can help businesses with?

A. Some tasks that data analysis software can help businesses with include tracking business growth, analyzing customer data, making complex calculations, and creating graphs and charts.

Q. What should businesses consider when choosing data analysis software?

A. Businesses should consider the amount of data they need to analyze, the tasks they need to perform, and their budget when choosing data analysis software. Price and complexity are two essential factors to consider when making a decision.

About Dusan Stanar

I'm the founder of VSS Monitoring. I have been both writing and working in technology in a number of roles for dozens of years and wanted to bring my experience online to make it publicly available. Visit https://www.vssmonitoring.com/about-us/ to read more about myself and the rest of the team.

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