What Is Business Intelligence?
The concept of Business Intelligence encompasses the programs and workflows, protocols that aggregate information from data places and convert it into actionable information that helps executives to make more informed business decisions.
At Wave, our proficiency includes a full understanding of your business processes as well as the technology that efficiently delivers intelligent information. We ask the right questions and can identify the right input to bring clarity to questions.
Grasping information discovery and being able to distill the answers can accelerate the decision-making job, better organization operations, and increase workflow expediency. With this clarity, companies can pinpoint new revenue sources.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the accepted source for analyzing and reporting on Business Intelligence. Microsoft’s Power BI enhances Excel by administering a consolidated enterprise platform that can handle larger data sources and provides more paths to visualize that give answers quicker.
Now, many files can be aggregated into one data set which removes the demand for duplication and an excessive amount of upkeep.
These contemporary solutions were built with the user experience in mind as well as providing Business Intelligence and analytics elements. Power BI is just one of many more recent software that might be a thoughtful next step for businesses in the Scottsdale area already utilizing Microsoft software.
Do I Need A Business Intelligence Solution?
You might not. Programs range in size from a solitary user to a broad enterprise program. Here are some ways to help answer that question.
As the Gartner diagram shows, a Business Intelligence application can consist of data warehouses, ETL processes, and tools that help to gather, synthesize, and supply data that encourages smart business decisions.
