MonkeyLearn
Business analytics AI tools like Monkeylearn understand the texts and help sort a certain database. It has some advanced features like sentiment analysis, categorisation and creating charts.
Features:
- It can analyse various kinds of things like texts, charts and transcripts.
- By going through the textual data, it can understand the sentiment.
- It can dataset as per the requirement of the user.
Pros:
- It is very effective for understanding unstructured data which is a unique AI tool for business analytics.
- MonkeyLearn does the sorting and sentiment analysis very efficiently.
Cons:
- It requires rich technological knowledge.
- Privacy problems may occur in text analysis, that’s why the users need to be very careful.
Pricing:
- Starting from $299 for organisations.
Website Link: https://monkeylearn.com/
5. Microsoft PowerBI
Microsoft PowerBI is widely used by organisations and freelancers. Data analysts consider it one of the best AI tools for business analytics because of its features and user interface.
Features:
- It makes different charts with enhanced visuals by analysing the data.
- Microsoft PowerBI can process all types of files.
- Azure Machine Learning feature predicts data for the future.
Pros:
- It is a useful software for organisations.
- Data visualisation and editing can be efficiently done using this software.
Cons:
- Beginners may face a lot of trouble without proper knowledge.
- Advanced features may require additional expertise.
Pricing:
- Free plan.
- Pro plan – $10/month.
- Premium plan – $20/month.
Website Link: https://www.microsoft.com/en-us/power-platform/products/power-bi
10 Best AI Tools for Business Analytics in 2024
Nowadays, dealing with big data in organizations can be a bit tricky. To make your job easy, we will be presenting the 10 Best AI tools for business analytics. These AI tools can even clean and frame complex data with the help of some simple commands for free ai tools for data analysis. You can apply the maths, different filters, and operations to make them do the work in a fraction of a second which could take a week of manual calculation.
These AI tools for business analytics are the keys to obtaining the required conclusion and solution to different problems related to marketing and research in this data-driven stage.