What Is Business Intelligence?
The methodology of Business Intelligence encompasses the tools and workflows, protocols that pull information from data sources and transform it into actionable intelligence that helps key stakeholders to make more wise business determinations.
At Wave, our expertise 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 determine the right data to resolve questions.
Comprehending knowledge discovery and being able to mine the answers can expedite the decision-making job, better company actions, and increase process efficiency. With this visibility, companies can identify new revenue sources.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the accepted source for breaking down and reporting on Business Intelligence. Microsoft’s Power BI augments Excel by providing a centralized enterprise system is capable of handling larger data repositories and provides more options for visualization that give answers quicker.
Now, numerous files can be integrated into a solitary data set which prevents the requirement for duplication and an inordinate amount of care.
These current solutions were designed with the user experience in mind as well as giving Business Intelligence and analytics elements. Power BI is just one of many more recent applications that could be a logical next step for organizations in the Fort Wayne area already utilizing Microsoft software.
Do I Need A Business Intelligence Solution?
You might not. Solutions range in size from a single user to a robust enterprise program. Here are some paths to answer that question.
As the Gartner diagram shows, a Business Intelligence application can consist of data warehouses, ETL processes, and elements that help to aggregate, analyze, and provide data that drives wise company choices.
