What Is Business Intelligence?
The concept of Business Intelligence combines the tools and workflows, protocols that gather information from data repositories and translate it into actionable information that empowers leaders to make more informed business decisions.
At Wave, our expertise encompasses a complete understanding of your business workflows as well as the technology that efficiently delivers intelligent information. We know what questions to ask and can define the right information to bring clarity to questions.
Understanding information discovery and being able to distill the answers can improve the decision-making task, better organization actions, and increase task expediency. With this visibility, businesses can find new revenue origins.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the accepted source for scrutinizing and reporting on Business Intelligence. Microsoft’s Power BI enhances Excel by providing a consolidated enterprise platform is capable of handling larger data sources and provides more options for visualization that derive answers faster.
Now, numerous files can be aggregated into a single data set which eliminates the demand for duplication and an excessive amount of upkeep.
These contemporary solutions were designed with the user experience in mind in addition to providing Business Intelligence and analytics aspects. Power BI is just one of many more recent software that might be a rational next step for organizations in the Dallas area already utilizing Microsoft programs.
Do I Need A Business Intelligence Solution?
Maybe not. Solutions range in size from a solitary user to a comprehensive enterprise offering. Here are some paths to answer that question.
As the Gartner infographic shows, a Business Intelligence application can include data warehouses, ETL workflows, and elements that help to gather, synthesize, and supply knowledge that empowers smart business choices.
