What Is Business Intelligence?
The theory of Business Intelligence includes the programs and workflows, protocols that aggregate information from data repositories and translate it into actionable intelligence that helps executives to make more informed business choices.
At Wave, our proficiency includes a total understanding of your business standards as well as the technology that accurately delivers intelligent information. We know what questions to ask and can identify the right data to bring clarity to questions.
Grasping knowledge discovery and being able to mine the answers can improve the decision-making job, better business efforts, and increase process expediency. With this clarity, organizations can identify 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 integrated enterprise platform that can handle larger data sources and provides more paths to visualize that derive answers faster.
Now, numerous files can be integrated into a single data set which prevents the need for duplication and an inordinate amount of maintenance.
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 software that could be a rational next step for businesses in the Raleigh area already utilizing Microsoft programs.
Do I Need A Business Intelligence Solution?
You might not. Offerings range in size from a single user to a broad enterprise offering. Here are some paths to answer that question.
As the Gartner diagram shows, a Business Intelligence tool can consist of data warehouses, ETL protocols, and features that help to aggregate, synthesize, and provide data that encourages strategic organization directions.
