What Is Business Intelligence?
The concept of Business Intelligence combines the applications and workflows, protocols that aggregate information from data places and convert it into actionable information that empowers key stakeholders to make more informed business choices.
At Wave, our competence encompasses a thorough understanding of your business workflows as well as the technology that aptly delivers intelligent information. We how to ask the right questions and can identify the right data to bring clarity to questions.
Understanding knowledge discovery and being able to mine the answers can accelerate the decision-making task, optimize organization efforts, and increase task efficiency. With this insight, organizations can pinpoint new revenue streams.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the trusted source for analyzing and reporting on Business Intelligence. Microsoft’s Power BI improves Excel by administering a consolidated enterprise approach is capable of handling larger data sources and provides more ways to visualize that determine answers more rapidly.
Now, many files can be integrated into one data set which prevents the demand for duplication and an inordinate amount of maintenance.
These contemporary solutions were created with the user experience in mind in addition to giving Business Intelligence and analytics aspects. Power BI is just one of many current tools that might be a logical next step for organizations in the Riverside area already using Microsoft programs.
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 steps to take to answer that question.
As the Gartner infographic shows, a Business Intelligence tool can consist of data warehouses, ETL processes, and features that help to aggregate, analyze, and provide data that drives strategic business choices.
