What Is Business Intelligence?
The concept of Business Intelligence encompasses the tools and workflows, protocols that pull information from data places and convert it into actionable intelligence that enables executives to make more informed business decisions.
At Wave, our expertise includes a complete understanding of your business processes as well as the technology that efficiently delivers intelligent information. We how to ask the right questions and can determine the right information to resolve questions.
Grasping information discovery and being able to distill the answers can accelerate the decision-making job, better organization actions, and increase workflow productivity. With this insight, organizations can find new revenue streams.
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 improves Excel by administering a centralized enterprise platform that can handle larger data origins and allows for more options for visualization that derive answers more rapidly.
Now, numerous files can be combined into one data set which removes the requirement for duplication and an unnecessary amount of care.
These contemporary solutions were built with the user experience in mind along with giving Business Intelligence and analytics elements. Power BI is just one of many current tools that may be a thoughtful next step for businesses in the Lubbock area already leveraging Microsoft programs.
Do I Need A Business Intelligence Solution?
Possibly not. Solutions range in size from a single user to a comprehensive enterprise offering. Here are some steps to take to answer that question.
As the Gartner diagram shows, a Business Intelligence system can incorporate data warehouses, ETL processes, and features that help to aggregate, analyze, and deliver data that drives wise organization choices.
