What Is Business Intelligence?
The concept of Business Intelligence includes the applications and workflows, protocols that aggregate information from data repositories and translate it into actionable information that helps executives to make more informed business decisions.
At Wave, our expertise encompasses a full understanding of your business processes as well as the technology that accurately delivers intelligent information. We ask the right questions and can determine the right data to resolve questions.
Comprehending knowledge discovery and being able to extract the answers can accelerate the decision-making process, better business efforts, and increase task efficiency. 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 augments Excel by administering a integrated enterprise system that can handle larger data origins and allows for more paths to visualize that determine answers more rapidly.
Now, many files can be combined into a single data set which removes the need for duplication and an excessive amount of care.
These modern solutions were created with the user experience in mind as well as giving Business Intelligence and analytics aspects. Power BI is just one of many current tools that might be a thoughtful next step for businesses in the Anaheim area already leveraging Microsoft tools.
Do I Need A Business Intelligence Solution?
Possibly not. Offerings range in size from one user to a broad enterprise offering. Here are some steps to take to answer that question.
As the Gartner diagram shows, a Business Intelligence system can incorporate data warehouses, ETL processes, and elements that help to gather, compute, and provide knowledge that drives smart organization choices.
