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I know most people use Google Analytics and it is good analytical software. I used it for a long, long time and now with their "live" report, it is even better.
However, I've been using histat for a really long time. All of its reports are in real time for the day and it has every feature of Google Analytics (if not more). I love live reporting data.
What do you use?
There are lots of tools available. Search for moz - it's one of the oldest and proficient SEO tools that is better than Google Analytics, however it is not free.
If you really need the best analytics in the world, go for woopra. Its so advanced and customisable that it will blow you off.
I am really impressed by it that I ended up buying pro plans for every website I own.
I have been using Google Analytics since 2010 that was when I started publishing on Hubpages. I associated my hubpages account with Google Analytics and tracked the visitors' data. Since then I have never felt a necessity of using another analytic tool. Google Analytics is free, and it is better than all those paid analytic tools.