What Is Business Intelligence?
The theory of Business Intelligence encompasses the programs and workflows, protocols that gather information from data repositories and transform it into actionable knowledge that helps key stakeholders to make more wise business decisions.
At Wave, our competence includes a complete understanding of your business processes as well as the technology that aptly delivers intelligent information. We ask the right questions and can define the right data to resolve questions.
Grasping data discovery and being able to mine the answers can accelerate the decision-making process, optimize organization actions, and increase process expediency. With this clarity, organizations can pinpoint new revenue streams.
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 augments Excel by administering a integrated enterprise system that can handle larger data origins and provides more paths to visualize that determine answers quicker.
Now, numerous files can be aggregated into a single data set which prevents the demand for duplication and an unnecessary amount of maintenance.
These modern solutions were built with the user experience in mind in addition to delivering Business Intelligence and analytics features. Power BI is just one of many newer tools that could be a rational next step for companies in the Henderson area already utilizing Microsoft programs.
Do I Need A Business Intelligence Solution?
You might not. Programs range in size from one user to a robust enterprise offering. Here are some paths to answer that question.
As the Gartner infographic shows, a Business Intelligence application can consist of data warehouses, ETL protocols, and elements that help to combine, analyze, and provide information that empowers wise business directions.
