What Is Business Intelligence?
The theory of Business Intelligence encompasses the tools and workflows, protocols that aggregate information from data places and transform it into actionable information that enables executives to make more knowledgeable business choices.
At Wave, our expertise encompasses a total understanding of your business standards as well as the technology that aptly delivers intelligent information. We how to ask the right questions and can define the right data to resolve questions.
Understanding information discovery and being able to extract the answers can accelerate the decision-making task, improve company actions, and increase process efficiency. 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 centralized enterprise platform that can handle larger data sources and provides more ways to visualize that determine answers faster.
Now, many files can be combined into one data set which eliminates the demand for duplication and an excessive amount of care.
These current solutions were designed with the user experience in mind along with giving Business Intelligence and analytics features. Power BI is just one of many newer applications that might be a rational next step for businesses in the Fresno area already using Microsoft tools.
Do I Need A Business Intelligence Solution?
Maybe not. Programs range in size from a single user to a comprehensive enterprise solution. Here are some paths to answer that question.
As the Gartner diagram shows, a Business Intelligence tool can incorporate data warehouses, ETL workflows, and tools that help to combine, analyze, and provide data that drives strategic organization directions.
