What Is Business Intelligence?
The methodology of Business Intelligence combines the applications and workflows, protocols that pull information from data sources and convert it into actionable intelligence that enables executives to make more wise business decisions.
At Wave, our competence includes a total understanding of your business processes as well as the software that aptly delivers intelligent information. We ask the right questions and can determine the right data to resolve questions.
Understanding knowledge discovery and being able to distill the answers can improve the decision-making task, better business operations, and increase process expediency. With this visibility, businesses can identify new revenue origins.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the go-to for analyzing and reporting on Business Intelligence. Microsoft’s Power BI improves Excel by providing a centralized enterprise system is capable of handling larger data sources and provides more options for visualization that derive answers faster.
Now, several files can be aggregated into a solitary data set which removes the requirement for duplication and an excessive amount of upkeep.
These contemporary solutions were created with the user experience in mind along with giving Business Intelligence and analytics features. Power BI is just one of many more recent applications that might be a rational next step for companies in the North Las Vegas area already using Microsoft software.
Do I Need A Business Intelligence Solution?
Possibly not. Solutions range in size from a single user to a broad enterprise program. Here are some ways to help answer that question.
As the Gartner infographic shows, a Business Intelligence tool can consist of data warehouses, ETL protocols, and elements that help to gather, compute, and provide information that empowers wise company directions.
