What Is Business Intelligence?
The methodology of Business Intelligence includes the tools and workflows, protocols that aggregate information from data sources and convert it into actionable information that enables key stakeholders to make more wise business determinations.
At Wave, our expertise encompasses a total understanding of your business workflows as well as the software that aptly delivers intelligent information. We ask the right questions and can define the right input to resolve questions.
Understanding knowledge discovery and being able to distill the answers can improve the decision-making task, improve business operations, and increase task efficiency. With this visibility, companies can identify 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 enhances Excel by providing a consolidated enterprise approach is capable of handling larger data sources and gives more options for visualization that determine answers faster.
Now, numerous files can be integrated into a solitary data set which prevents the need for duplication and an unnecessary amount of upkeep.
These contemporary solutions were designed with the user experience in mind along with giving Business Intelligence and analytics features. Power BI is just one of many newer tools that may be a logical next step for companies in the Cleveland area already leveraging Microsoft tools.
Do I Need A Business Intelligence Solution?
Maybe not. Offerings range in size from a single user to a robust enterprise program. Here are some paths to answer that question.
As the Gartner infographic shows, a Business Intelligence application can incorporate data warehouses, ETL processes, and tools that help to gather, analyze, and provide data that drives wise organization choices.
