7 Top AI-Powered Report Generators for Enhanced Analytics

7 Top AI-Powered Report Generators for Enhanced Analytics

For any business that aims to maintain its competitive edge, being able to efficiently analyze vast amounts of information and derive actionable insights is crucial.

Fortunately, with the help of AI, businesses can not only streamline their reporting process but also uncover deeper insights.

So, if you’re looking for innovative tools that can optimize your workflows or empower you to make data-driven decisions, you’re in the right place.

In this blog post, we’ll dive into 7 of the best AI report generators that will allow you to harness the power of AI for enhanced analytics.

Let’s get started!

1. ThoughtSpot Analytics

ThoughtSpot Analytics

Source: ThoughtSpot Analytics

ThoughtSpot Analytics is an innovative platform designed to deliver AI-powered insights quickly and efficiently and help you make data-driven decisions.

With its user-friendly search interface, this tool allows you to ask questions in natural language and receive instant, & actionable insights.

Key features

  • Provides an intelligent search engine for analytics, powered by AI and GPT.
  • Offers a live and fully interactive view of your data with customizable “Liveboards.”
  • Automatically uncovers personalized insights and delivers them to you in seconds.
  • Can analyze business data over time to identify consistent patterns in your data.
  • Integrates with leading cloud data platforms including Oracle and Google BigQuery.
  • Allows you to create charts and visualizations from your spreadsheet data on Google Sheets or Microsoft Excel.

Pricing

  • Team: $95/month (5 users)
  • Essentials: $1250/month billed annually (20 users)
  • Pro: Custom; billed annually (unlimited users)
  • Enterprise: Custom (unlimited users)

Related: Generative AI: Major developments you NEED to know

2. Power BI by Microsoft

Power BI by Microsoft

Source: Microsoft

Power BI offers a suite of tools that enables you to transform unrelated data sources into visually engaging and interactive insights.

So, it doesn’t matter whether your data resides in Excel spreadsheets or hybrid data warehouses — this AI report generator seamlessly connects to your data, allowing you to visualize, analyze, and share your findings effortlessly.

Key features

  • Helps you easily explore and find insights such as anomalies and trends in your data.
  • Allows you to embed and share reports in your other Microsoft platforms, including Teams, PowerPoint, Excel, and Power Platform.
  • Offers a user-friendly report-creation tool.
  • Provides multiple data visualization types.
  • Allows you to curate your metrics and track them against key business objectives.
  • Lets you explore your data using natural language capabilities and receive answers in the form of charts and graphs.
  • Provides a deployment pipeline tool that can help you deploy reports, dashboards, semantic models, and paginated reports.

Pricing

  • Free
  • Power BI Pro: $10/user/month
  • Power BI Premium: $20/user/month
  • Power BI in Microsoft Fabric: Custom

3. Sisense

Sisense

Source: Sisense

With Sisense, you can draw data from multiple sources to generate AI/ML-enriched analytics & insights that can be embedded into any application.

This tool works with cloud, on-premises, and hybrid architectures, as well as offers flexible deployment options.

Key features

  • Allows you to embed analytics within your products and applications.
  • Lets you easily forecast future values based on historical data.
  • Provides advanced data pipelines to help you ingest, prepare, transform, visualize, and augment complex data using cloud data warehouse and Git-based development workflows.
  • Can detect anomalies and variations in your business.
  • Allows you to track metrics and visualize your data using customizable dashboards.
  • Allows you to share your findings through charts, graphs, maps, summaries, and more.
  • Automatically identifies the most probable key drivers for a given change in your data.

Pricing

You’ll need to fill out a form to get a custom pricing plan for your business.

Related: Best AI Tools to Supercharge Your Productivity (2023)

4. IBM Cognos Analytics

IBM Cognos Analytics

Source: IBM Cognos Analytics

IBM Cognos Analytics is an advanced business intelligence tool that uses AI to provide fast, accurate insights for better decision-making.

With its AI-powered automation and natural language AI assistant, you can easily describe the data you need and receive dynamic data visualizations.

Key features

  • Allows you to uncover hidden trends and drivers with AI.
  • Lets you connect to cloud or on-premises data sources, including SQL databases, Google BigQuery, Amazon, Redshift, and more. You can also import data from CSV files and spreadsheets.
  • Allows predictive forecasting.
  • Provides an AI assistant that can answer your insights-based questions and build charts and dashboards.
  • Automatically cleans and preps your data.
  • Allows you to create interactive dashboards.
  • Lets you create and share personalized, multi-page reports in different formats.

Pricing

IBM Cognos Analytics on Cloud On-Demand

  • Standard user: $10.60/user/month
  • Premium user: $42.40/user/month

IBM Cognos Analytics on Cloud Hosted

  • Mobile: $5.30/user/month
  • Viewer: $42.40/user/month
  • User: $84.80/user/month

Cognos Analytics Client-Hosted

  • Mobile: $5.72/user/month
  • Viewer: $13.75/user/month
  • User: $45.80/user/month
  • Explorer: $85.90/user/month
  • Admin: $515/user/month

A 30-day free trial is available.

5. Qlik

Qlik

Source: Qlik

With Qlik, you can generate powerful analyses through machine learning, predictive analytics, and generative AI.

This AI report generator also allows you to respond rapidly to business events with intelligent alerts and automation.

Key features

  • Provides interactive data visualizations and dashboards.
  • Offers automated report compilation and distribution.
  • Provides automated no-code report templates.
  • Lets you connect and combine 100s of data sources.
  • Seamlessly integrates data analysis and reporting into popular business apps.
  • Offers a multi-lingual AI assistant that can answer your questions and perform ad hoc analyses.
  • Can directly trigger human and machine action based on insight.

Pricing

  • Standard: $20/user/month
  • Premium: $2,700/month
  • Enterprise: Custom

A 30-day free trial is available.

Related: How Important is Prompting in Generative AI?

6. Splunk Enterprise

Splunk Enterprise

Source: Qlik

With Qlik, you can generate powerful analyses through machine learning, predictive analytics, and generative AI.

This AI report generator also allows you to respond rapidly to business events with intelligent alerts and automation.

Key features

  • Provides interactive data visualizations and dashboards.
  • Offers automated report compilation and distribution.
  • Provides automated no-code report templates.
  • Lets you connect and combine 100s of data sources.
  • Seamlessly integrates data analysis and reporting into popular business apps.
  • Offers a multi-lingual AI assistant that can answer your questions and perform ad hoc analyses.
  • Can directly trigger human and machine action based on insight.

Pricing

  • Standard: $20/user/month
  • Premium: $2,700/month
  • Enterprise: Custom

A 30-day free trial is available.

Related: How Important is Prompting in Generative AI?

6. Splunk Enterprise

Source: Splunk

Splunk is an AI-driven platform that provides comprehensive visibility and analysis of your data, helping you turn it into actionable insights.

It allows you to search, analyze, and visualize data from various sources across your entire organization, whether it’s on-premises or in the cloud.

Key features

  • Allows you to collect, process, and distribute data to Splunk and other destinations.
  • Lets you visualize your data with intuitive dashboards.
  • Allows you to continuously monitor events, conditions, and critical KPIs.
  • Can create reports in real-time.
  • Provides pre-built machine learning analytics that can help you tackle impactful issues or opportunities in your company. 
  • Integrates with over 2,000 tools.
  • Automatically triggers actions in ticketing or other task assignment systems with alerts.

Pricing

You’ll need to request an estimate. Splunk offers 14-day & 60-day free trials (for the cloud and on-premises environments respectively.)

7. Polymer

Polymer

Source: Polymer

Polymer empowers businesses to explore, visualize, and present their data confidently.

This tool can analyze your data to provide insightful suggestions and automatically build visually appealing dashboards.

Key features

  • Allows you to build customizable dashboards with its Dashboard Creator which provides over 20 distinct chart types and versatile filter options.
  • Can integrate data analysis directly into your business applications and software.
  • Provides an AI assistant that can transform your data into visualizations and answer your questions.
  • Gives you access to real-time data from your platforms and ensures accuracy with scheduled updates.
  • Allows you to pull data from data sources like Google Ads, Shopify, Jira, Zendesk, and more.

Pricing

  • Starter: $50/month ($25/month billed annually)
  • Pro: $100/month ($50/month billed annually)
  • Teams: $250/month ($125/month billed annually)
  • Enterprise: Custom

A 14-day free trial is available.

Related: Top 10 AI Market Research Tools for In-Depth Analysis

Free AI Tools & Insights — Join the Building Startups Newsletter

AI-powered report generators are transforming the way organizations approach data analysis and decision-making.

By leveraging the tools on this list, businesses like yours can gain deeper insights, predict trends, and enhance operational efficiency.

And, as the analytics landscape continues to evolve (with new tools and updates emerging every day), you need to stay informed and ahead.

One way to do this is by subscribing to the Building Startups Newsletter. Started by Ajay Yadav, the founder of Roomi & co-founder of Simplified, this newsletter provides free AI tools and expert entrepreneurial guidance that will optimize your analytics processes.

With the actionable tips, insights, and recommendations from Building Startups, you can find all the resources and tools you need to scale your business.

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