What Is Business Intelligence?
The concept of Business Intelligence encompasses the applications and workflows, protocols that aggregate information from data repositories and transform it into actionable intelligence that helps leaders to make more wise business determinations.
At Wave, our competence encompasses a complete understanding of your business processes as well as the software that accurately delivers intelligent information. We how to ask the right questions and can determine the right information to bring clarity to questions.
Comprehending data discovery and being able to extract the answers can improve the decision-making job, better company actions, and increase workflow efficiency. With this insight, companies can find new revenue sources.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the accepted source for analyzing and reporting on Business Intelligence. Microsoft’s Power BI improves Excel by providing a centralized enterprise system is able to handle larger data origins and allows for more ways to visualize that derive answers faster.
Now, several files can be integrated into a solitary data set which prevents the demand for duplication and an excessive amount of upkeep.
These current solutions were created with the user experience in mind along with providing Business Intelligence and analytics elements. Power BI is just one of many more recent tools that may be a rational next step for businesses in the Lincoln area already using Microsoft tools.
Do I Need A Business Intelligence Solution?
Maybe not. Offerings range in size from a single user to a comprehensive enterprise offering. Here are some steps to take to answer that question.
As the Gartner picture shows, a Business Intelligence system can include data warehouses, ETL processes, and tools that help to gather, synthesize, and deliver knowledge that empowers smart business directions.
