What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in reporting tool category. Our data sources in reporting tool category include;
Reporting tools allow companies to access raw or processed data about their business, allowing them to make better decisions. Reporting tools are also called reporting software or reporting systems.
Reporting capabilities are also offered by business intelligence (BI) software however, BI software also provide dashboards for visual representation while reporting tools focus on non-graphical data.
To be categorized as reporting software, a product must be able to:
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Looker is a business intelligence software and big data analytics platform that helps you explore, analyze and share real-time business analytics easily.
Domo is the operating system that allows you to run your entire business on your phone
Data fuels high-performance sales teams.
BOARD helps organizations reach a single vision of their performance in a simple and extremely effective manner.
We use the data sources on the side for ranking solutions and awarding badges in reporting tool category. Our data sources in reporting tool category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Wrike
Smartsheet
BOARD
Domo
Looker
Taking into account the latest metrics outlined below, these are the current reporting tool market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Smartsheet
Wrike
Looker
Domo
Sisense
These are the number of queries on search engines which include the brand name of the solution. Compared to other Analytics categories, Reporting Tool is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 66%, 9% more than the average of search queries in this area.
34 employees work for a typical company in this solution category which is 13 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 48 companies with >10 employees are offering reporting tool. Top 3 products are developed by companies with a total of 20k employees. The largest company building reporting tool is Hitachi Vantara with more than 10,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Wrike
Smartsheet
BOARD
Klipfolio
Vena
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Reporting Tool companies. The most positive word describing Reporting Tool is “Easy to use” that is used in 9% of the reviews. The most negative one is “Difficult” with which is used in 4.00% of all the Reporting Tool reviews.
According to customer reviews, most common company size for reporting tool customers is 1-50 Employees. Customers with 1-50 Employees make up 41% of reporting tool customers. For an average Analytics solution, customers with 1-50 Employees make up 12% of total customers.
These scores are the average scores collected from customer reviews for all Reporting Tool. Reporting Tool is most positively evaluated in terms of "Overall" but falls behind in "Likelihood to Recommend".
This category was searched on average for 7.1k times per month on search engines in 2022. This number has decreased to 6.6k in 2023. If we compare with other analytics solutions, a typical solution was searched 438 times in 2022 and this decreased to 170 in 2023.
There are 2 important types of decision making/monitoring tools for managers. They are reports which include tabular data and dashboards which include various charts.
BI tools are focused on enabling users to create dashboard with ease. They also enable users to pull data for reporting but this is a secondary area of focus for most BI tools. However, reporting tools focus on integrating data from various sources and representing it in tabular format.
Reports help understanding the company's performance and identifying areas of improvement. These inform the company's decision making. In the past, reporting relied on analysts pulling together data from email, excel and databases to create complex and hard-to-maintain spreadsheets. Nowadays, reporting tools come with off-the-shelf integrations to a myriad of tools including databases and cloud applications making data integration for reporting simpler