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CIO Review >> Magazine >> November - 2013 issue

User data is like a treasure trove and Business Intelligence (BI) is the tool that helps enterprises leverage the data to increase customer engagement, satisfaction and resolve their business imperatives. Slowly yet gradually Indian CIOs are realizing the hidden potential of BI. They are also undergoing added pressure from consumers, environmental policies, government and industry regulations to improve their operations and processes to become both agile and efficient in a volatile marketplace. These internal and external pressures are driving increased adoption of analytics solutions across the country.

CIOReview as the navigator for enterprises to get the clear picture of the BI industry presents to you the '25 Most Promising Business Intelligence Companies in India'. We bring to you detailed profiles of some of the best contenders in the BI industry that help enterprises adopt data analytics to ultimately fuel their business growth. A distinguished panel comprising of accomplished Indian CEO's & CIO's of public companies, VC's, analysts, founders of other VC funded companies including CIOReview's editorial board decided on the top 25 companies. These companies have the technical skill sets and business acumen to become high value organizations. The list will help you make the right choice for your BI needs.

25 Most Promising Business Intelligence Companies in India
Company Founder/CEO Founded Description
Advantics Solutions Pvt.Ltd
Mumbai, Maharashtra
advantics.co.in
Winayak Durganand Wagle
Director
1991
A two decade old provider of end-to-end Data Warehousing and Business Intelligence solutions, mainly in the Banking, Finance, Pharmacy and other business verticals.
Bodhtree Consulting Limited
Hyderabad, Andhra Pradesh
bodhtree.com
Pal Natarajan
CEO
1999 A provider of business Intelligence tools and solutions specializing in business strategy, business process, business intelligence & advanced analytics Information management to name a few.
Board Software (India) Pvt. Ltd.
Mumbai, Maharashtra
board.com
Partha Sen
Managing Director – Asia Pacific
2008 A provider of programming-free toolkits for rapid and cost-effective development of Corporate Performance Management and Business Intelligence software applications.
BeetleRim Technologies Pvt. Ltd.
Hyderabad, Andhra Pradesh
BeetleRim.com
Bhargavi Pagadala
Founder and Managing Director
2007 A provider of business Intelligence tools and solutions specializing in business strategy, business process, business intelligence & advanced analytics
Information management to name a few.
Birst India Private Limited
Ahmedabad, Gujrat
birst.com
Manish Jani
Managing Director
2004 A provider of an automated end-to-end, enterprise-caliber  Business Intelligence platform that solves the problem from data to visualization.
Datawise
Hyderabad, Andhra Pradesh
mydatawise.com
Vinay Kumar
CEO
2003 A provider of BI/Analytics, Consulting, Outsourcing and data mining, incorporating strategic thoughts in cross functional analytical intelligence.
Deflytics Software Pvt Ltd
Mumbai, Maharashtra
Deflytics.com
Sanjeev Agrawal
Director
2012 A provider of BI and Analytic solutions with professional Services to design, develop, configure, deploy and maintain analytic solutions including Big Data and vertical specific solutions, both on-premises and on-demand.
Dreamorbit Softech Pvt. Ltd.
Bangalore, Karnataka
dreamorbit.com
Sanchit Jain
CEO
2010 A provider of services across the entire Supply Chain and Logistics and offers Business Intelligence consulting services on the industry leading Microsoft SQL Server and LITE BI platforms.
Elegant JBI ElegantJ BI
Ahmedabad, Gujarat
elegantjbi.com
Kartik Patel
CEO
2001 The company uses its innovative Managed Memory Computing technology that has expanded the scope of application for Business Intelligence tools. ElegantJ BI now offers everything from deep diving into data, to interactive KPI and dashboards for analysis as well as interactive presentations.
GrayMatter Software Services Pvt Ltd
Bangalore, Karnataka
grayMatter.co.in
Vikas Gupta
CEO & CTO
2006 A provider of BI ,Analytics and Data Science services delivering enterprise wide reporting/decision enabling solutions.
Hages Business Solutions
Trivandrum, Kerala
hbsind.com
K.G.Gopakumar, MD
Anandakuttan SV (Director)
Harishankar S (Director)
Rajesh Thampy (Director)
2004 An ISO 9001:2008 Certified organization delivering business offerings to the ERP community, strategy consulting and implement ERP solutions through change management and training to customers.
Helical IT Solutions Pvt Ltd
Hyderabad, Andhra Pradesh
helicaltech.com
Nikhilesh Tiwari, Co-Founder
Nitin Sahu, Co-Founder
2012 A provider of end-to-end BI solution using open source stack that makes cost effective products that includes mobile BI solutions, on premises or hosted SaaS solutions.
Inteliment Technologies (India) Pvt. Ltd.
Pune, Maharashtra
Inteliment.com
Prashant Pansare
CEO
2004 A provider of BI solution and services, improving data-driven strategies and decision-making efficiency.
Invenio Business Solutions
Mumbai, Maharashtra
invenio-solutions.com
Arun Bala
COO
2006 A provider of services for SAP implementation, application consulting, application management, customized software development and product integration.
Ixsight Technologies
Mumbai, Maharashtra
ixsight.com
Uma Venkataraman
CEO
2007 A provider of Data Quality Management, Master Data Management and Identity Fraud Detection Solutions to clients in the Banking, Financial Services, Telecom, Insurance and Retail verticals.
Jaspersoft Corporation
Bangalore, Karnataka
jaspersoft.com
Brian Gentile
Chairman & CEO
2001 A provider of Business Intelligence (BI) suite enabling better decision-making through interactive reports, dashboards and analytics.
MAIA Intelligence
Mumbai , Maharasthra
maia-intelligence.com
Sanjay Mehta
CEO
2006 A software product company that develops Business Intelligence reporting and analysis products to meet the needs of corporate implementations, application service providers and value-added resellers.
Mu sigma
Bangalore, Karnataka
mu-sigma.com
Dhiraj C Rajaram
CEO & Chairman
2004 A provider of solutions for decision sciences and Big Data Analytics to help organizations solve high-impact business problems in the areas of Marketing, Risk and Supply Chain across multiple industry verticals.
Nalgan Technologies
Hyderabad, Andhra Pradesh
Nalgan.com
Dheeraj Nallagatla
Chairman & CEO
2009 A provider of end-to-end Data Warehousing / Business Intelligence services and solutions.
Object Technology Solutions India Pvt. Ltd (OTSIPL)
Hyderabad, Andhra Pradesh
otsi.co.in
Chandra Talluri
VP
2010 A provider of Business Intelligence and Data Warehousing Services to architect and implement end-to-end solutions that addresses individual business needs, It offers full Business Intelligence lifecycle project implementation including Enterprise-wide deployment of BI, System Integration and others.
Pragmatic Techsoft Pvt Ltd
Pune, Maharashtra
pragtech.co.in
Shabbir Merchant
CEO
2007 A provider of open source enterprise software development, consulting and products. The company utilizes open source BI tools and technologies to provide cost effective and green solutions to customers.
ProGen Business Solutions
Hyderabad, Andhra Pradesh
progenbusiness.com
Rahul Sharma
CEO
2009 A provider of products ('pi'; their flagship BI suite) and solutions for data integration, data analysis & reporting requirements of enterprise customers.
Quick Report Software
Pune, Maharasthra
quickreport.in
Shivprasad Kamat,
Director, Sales and Marketing
2009 A provider of MyReport a reporting and analysis software tool built for use for all levels within an organization.
Sryas Inc.
Chennai, Tamil Nadu
Sryas.com
Vish Ramesh
President & CEO
2003 A provider of advanced business intelligence software, performance optimization technology and intelligent outsourcing services.
Symtrax Software Private Limited
Mumbai, Maharasthra
symtrax.com
Ankit Baid
Country Manager
1989
A provider of BI tools that offer users real-time access to data to create reports directly in MS Excel or Open Office environments. Also allows updation of reports from a Web browser to get business critical reports at any given time.