What Is Business Intelligence?
The methodology of Business Intelligence encompasses the tools and workflows, protocols that aggregate information from data places and translate it into actionable knowledge that enables leaders to make more informed business determinations.
At Wave, our proficiency includes a thorough understanding of your business standards as well as the technology that accurately delivers intelligent information. We how to ask the right questions and can define the right information to answer questions.
Comprehending data discovery and being able to distill the answers can expedite the decision-making task, better business operations, and increase task efficiency. With this visibility, businesses can pinpoint new revenue streams.
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 giving a integrated enterprise platform is capable of handling larger data repositories and allows for more paths to visualize that derive answers quicker.
Now, many files can be aggregated into a solitary data set which prevents the demand for duplication and an inordinate amount of care.
These current solutions were created with the user experience in mind as well as giving Business Intelligence and analytics elements. Power BI is just one of many newer tools that could be a rational next step for companies in the Toledo area already using Microsoft software.
Do I Need A Business Intelligence Solution?
Possibly not. Solutions range in size from a solitary user to a robust enterprise program. Here are some paths to answer that question.
As the Gartner diagram shows, a Business Intelligence application can include data warehouses, ETL workflows, and features that help to combine, compute, and provide knowledge that empowers smart company decisions.
