What Is Business Intelligence?
The theory of Business Intelligence encompasses the programs and workflows, protocols that pull information from data places and translate it into actionable information that helps key stakeholders to make more wise business determinations.
At Wave, our expertise 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 determine the right information to answer questions.
Grasping information discovery and being able to extract the answers can expedite the decision-making process, improve organization actions, and increase process expediency. With this visibility, companies can pinpoint new revenue origins.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the go-to for breaking down and reporting on Business Intelligence. Microsoft’s Power BI augments Excel by providing a integrated enterprise platform that can handle larger data repositories and gives more paths to visualize that give answers more rapidly.
Now, many files can be aggregated into a single data set which eliminates the requirement for duplication and an inordinate amount of care.
These modern solutions were designed with the user experience in mind as well as providing Business Intelligence and analytics features. Power BI is just one of many current software that might be a logical next step for businesses in the Charlotte area already utilizing Microsoft software.
Do I Need A Business Intelligence Solution?
Maybe not. Solutions range in size from a single user to a robust enterprise program. Here are some ways to help answer that question.
As the Gartner infographic shows, a Business Intelligence system can incorporate data warehouses, ETL protocols, and features that help to aggregate, analyze, and provide data that empowers wise company choices.
