What Is Business Intelligence?
The theory of Business Intelligence includes the tools and workflows, protocols that pull information from data sources and translate it into actionable knowledge that helps executives to make more informed business decisions.
At Wave, our proficiency includes a complete understanding of your business workflows as well as the technology that accurately delivers intelligent information. We how to ask the right questions and can identify the right input to answer questions.
Comprehending information discovery and being able to extract the answers can expedite the decision-making task, improve business operations, and increase task productivity. With this visibility, businesses can identify new revenue streams.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the accepted source for breaking down and reporting on Business Intelligence. Microsoft’s Power BI improves Excel by administering a consolidated enterprise approach is capable of handling larger data repositories and provides more paths to visualize that give answers faster.
Now, several files can be combined into a solitary data set which eliminates the need for duplication and an unnecessary amount of upkeep.
These current solutions were built with the user experience in mind as well as delivering Business Intelligence and analytics elements. Power BI is just one of many current applications that may be a logical next step for organizations in the Orlando area already using Microsoft software.
Do I Need A Business Intelligence Solution?
Maybe not. Offerings range in size from one user to a robust enterprise solution. Here are some paths to answer that question.
As the Gartner diagram shows, a Business Intelligence tool can include data warehouses, ETL protocols, and tools that help to combine, compute, and deliver data that drives wise company choices.
