What Is Business Intelligence?
The methodology of Business Intelligence combines the applications and workflows, protocols that aggregate information from data repositories and translate it into actionable knowledge that empowers executives to make more knowledgeable business choices.
At Wave, our expertise includes a thorough understanding of your business standards as well as the software that aptly delivers intelligent information. We how to ask the right questions and can determine the right input to bring clarity to questions.
Understanding data discovery and being able to distill the answers can expedite the decision-making process, optimize business actions, and increase workflow productivity. With this clarity, companies can find new revenue streams.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the trusted source for scrutinizing and reporting on Business Intelligence. Microsoft’s Power BI improves Excel by giving a integrated enterprise platform is capable of handling larger data origins and allows for more options for visualization that derive answers more rapidly.
Now, numerous files can be integrated into one data set which eliminates the need for duplication and an excessive amount of care.
These modern solutions were designed with the user experience in mind in addition to providing Business Intelligence and analytics elements. Power BI is just one of many more recent tools that may be a logical next step for organizations in the St. Petersburg area already leveraging Microsoft software.
Do I Need A Business Intelligence Solution?
Possibly not. Offerings range in size from a solitary user to a broad enterprise solution. Here are some ways to help answer that question.
As the Gartner infographic shows, a Business Intelligence system can include data warehouses, ETL protocols, and elements that help to combine, analyze, and deliver knowledge that encourages strategic organization decisions.
