What Is Business Intelligence?
The concept of Business Intelligence combines the tools and workflows, protocols that aggregate information from data sources and convert it into actionable intelligence that empowers key stakeholders to make more knowledgeable business decisions.
At Wave, our competence encompasses a total understanding of your business standards as well as the technology that efficiently delivers intelligent information. We how to ask the right questions and can define the right information to answer questions.
Grasping information discovery and being able to distill the answers can expedite the decision-making job, optimize business actions, and increase workflow efficiency. With this clarity, companies can find new revenue sources.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the go-to for breaking down and reporting on Business Intelligence. Microsoft’s Power BI enhances Excel by providing a consolidated enterprise platform that can handle larger data origins and gives more options for visualization that give answers quicker.
Now, numerous files can be combined into one data set which prevents the demand for duplication and an excessive amount of maintenance.
These current solutions were built with the user experience in mind along with providing Business Intelligence and analytics features. Power BI is just one of many more recent tools that could be a logical next step for companies in the Irvine area already utilizing Microsoft tools.
Do I Need A Business Intelligence Solution?
Maybe not. Programs range in size from a solitary user to a broad enterprise offering. Here are some paths to answer that question.
As the Gartner infographic shows, a Business Intelligence application can incorporate data warehouses, ETL processes, and features that help to gather, analyze, and supply data that empowers wise company directions.
