What Is Business Intelligence?
The concept of Business Intelligence includes the programs and workflows, protocols that aggregate information from data repositories and transform it into actionable intelligence that helps leaders to make more informed business choices.
At Wave, our competence encompasses a thorough understanding of your business standards as well as the software that accurately delivers intelligent information. We know what questions to ask and can determine the right information to bring clarity to questions.
Understanding information discovery and being able to mine the answers can expedite the decision-making process, optimize company 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 trusted source for breaking down and reporting on Business Intelligence. Microsoft’s Power BI improves Excel by providing a consolidated enterprise platform is able to handle larger data origins and provides more paths to visualize that give answers faster.
Now, several files can be combined into a single data set which prevents the requirement for duplication and an excessive amount of maintenance.
These current solutions were built with the user experience in mind along with delivering Business Intelligence and analytics aspects. Power BI is just one of many more recent software that could be a logical next step for businesses in the Norfolk area already using Microsoft tools.
Do I Need A Business Intelligence Solution?
You might not. Offerings range in size from a solitary user to a comprehensive enterprise solution. Here are some paths to answer that question.
As the Gartner infographic shows, a Business Intelligence tool can include data warehouses, ETL processes, and tools that help to combine, compute, and provide data that empowers wise company directions.
