What Is Business Intelligence?
The theory of Business Intelligence combines the applications and workflows, protocols that aggregate information from data repositories and translate it into actionable knowledge that empowers executives to make more informed business decisions.
At Wave, our expertise includes a thorough understanding of your business workflows as well as the software that aptly delivers intelligent information. We know what questions to ask and can identify the right data to answer questions.
Grasping information discovery and being able to extract the answers can expedite the decision-making process, better business operations, and increase process productivity. With this clarity, businesses can find new revenue origins.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the trusted source for scrutinizing and reporting on Business Intelligence. Microsoft’s Power BI improves Excel by administering a integrated enterprise platform is capable of handling larger data repositories and gives more ways to visualize that determine answers quicker.
Now, many files can be aggregated into a single data set which prevents the requirement for duplication and an unnecessary amount of maintenance.
These current solutions were built with the user experience in mind in addition to giving Business Intelligence and analytics aspects. Power BI is just one of many newer tools that may be a rational next step for organizations in the Washington area already using Microsoft tools.
Do I Need A Business Intelligence Solution?
You might not. Programs range in size from a single user to a broad enterprise offering. Here are some paths to answer that question.
As the Gartner picture shows, a Business Intelligence tool can consist of data warehouses, ETL processes, and features that help to combine, compute, and deliver information that empowers wise company choices.
