What Is Business Intelligence?
The theory of Business Intelligence includes the applications and workflows, protocols that gather information from data places and transform it into actionable intelligence that enables key stakeholders to make more wise business choices.
At Wave, our proficiency encompasses a full understanding of your business processes as well as the technology that efficiently delivers intelligent information. We how to ask the right questions and can identify the right data to answer questions.
Grasping data discovery and being able to mine the answers can expedite the decision-making task, optimize business actions, and increase task productivity. With this clarity, 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 improves Excel by providing a centralized enterprise system is capable of handling larger data repositories and allows for more options for visualization that determine answers faster.
Now, several files can be aggregated into one data set which eliminates the demand for duplication and an unnecessary amount of upkeep.
These current solutions were created with the user experience in mind in addition to providing Business Intelligence and analytics elements. Power BI is just one of many current software that might be a thoughtful next step for organizations in the Hialeah area already using Microsoft tools.
Do I Need A Business Intelligence Solution?
Maybe not. Offerings range in size from a single user to a broad enterprise program. Here are some ways to help answer that question.
As the Gartner infographic shows, a Business Intelligence application can consist of data warehouses, ETL processes, and features that help to aggregate, synthesize, and provide knowledge that drives wise company choices.
