DENVER, COLO (PRWEB) MARCH 09, 2016 – SelectHub, a technology selection management (TSM) software company, today released their 2016 update for their Business Intelligence (BI) System Leaderboard – featuring the top BI systems rated on 20 key functional business requirements.

Ten BI platforms claimed a spot on the SelectHub BI Leaderboard by outperforming more than 100 comparable platforms – showcasing their ability to meet critical functional requirements identified by organizations and business analysts evaluating BI solutions.

With 23% of organizations planning to purchase BI and analytics software in 2016, there’s heavy competition from hundreds of vendors vying for buyers of BI-related tools and systems. SelectHub’s BI Software Leaderboard is designed to help organizations sort through a complex purchase decision with easy to understand analysis of the top BI systems.

Ram Karan, SelectHub’s VP of Customer Success said “Although the leaders are tightly grouped in terms of overall scores, we try to help buyers by identifying which vendors provide innovative approaches for specific business intelligence functions—like QlikView and Microsoft BI who impressed our analysts with their capabilities for interactive visualizations, IBM Cognos for data drilling capabilities, and WebFocus BI and QlikView with their superior approach to predictive analytics. All ten leaders on our list excel in critical BI functions. The SelectHub Leaderboard makes it easier for organizations to choose the right BI software depending on specific needs and priorities of their selection project.”

Ranking criteria for the BI Leaderboard includes core platform functionality such as online analytical processing (OLAP), data visualization, reporting, Big Data support, decision services, mobile access, integrations and more. The full BI leaderboard and scoring is available as a free download with registration.

SelectHub Leaderboards analyze the most important software selection criteria alongside existing vendor competencies and product capabilities. SelectHub calculates the BI system rankings across more than twenty core functional categories, using information compiled from over one thousand software selection projects and RFPs managed through their technology selection management platform. SelectHub then validates scores with third party BI industry and research firms to assure the accuracy of the BI system ranking methodology and findings.

“With business intelligence being a critical need for organizations across departments such as Sales, Finance and Operations, it’s important that potential buyers are able to access reliable information that serves to clarify the differences between BI solutions designed for their needs. The SelectHub Business Intelligence Leaderboard serves that purpose by focusing on the top criteria that really highlights the value of one system over another”, stated Jake Freivald, VP of Marketing, Information Builders.

A free interactive leaderboard is available as part of SelectHub’s software selection platform and is customizable based on an organization’s specific BI software requirements. SelectHub users can execute RFIs and RFPs with short-listed BI vendors as well as review comprehensive leaderboards for leading enterprise software categories such as customer relationship management (CRM), human resources management systems (HRMS) and enterprise resourcing planning (ERP).

About SelectHub
SelectHub is a cloud-based technology selection management (TSM) software platform helping streamline software selection and IT sourcing to be more agile and collaborative. The platform supports a comprehensive set of evaluation stages from requirements gathering to vendor shortlisting, demos and user trials, RFI/RFPs and contract negotiation. SelectHub customers include Hunter Douglas, Advanced Energy, QEP Resources and the State of Colorado. To learn more, please visit selecthub.com.