What Is Business Intelligence?
The concept of Business Intelligence encompasses the applications and workflows, protocols that aggregate information from data places and convert it into actionable knowledge that enables executives to make more wise business choices.
At Wave, our competence encompasses a full understanding of your business workflows as well as the technology that aptly delivers intelligent information. We ask the right questions and can define the right data to bring clarity to questions.
Grasping knowledge discovery and being able to distill the answers can improve the decision-making task, better company actions, and increase process expediency. With this insight, companies can pinpoint 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 administering a integrated enterprise platform that can handle larger data sources and allows for more options for visualization that give answers quicker.
Now, many files can be aggregated into one data set which removes the demand for duplication and an excessive amount of care.
These current solutions were designed with the user experience in mind in addition to giving Business Intelligence and analytics elements. Power BI is just one of many current tools that might be a logical next step for businesses in the Stockton area already utilizing Microsoft programs.
Do I Need A Business Intelligence Solution?
Maybe not. Solutions range in size from a single user to a comprehensive enterprise solution. Here are some ways to help answer that question.
As the Gartner picture shows, a Business Intelligence system can include data warehouses, ETL protocols, and tools that help to aggregate, compute, and deliver information that encourages smart organization choices.
