What Is Business Intelligence?
The concept of Business Intelligence includes the applications and workflows, protocols that gather information from data sources and translate it into actionable knowledge that helps key stakeholders to make more wise business decisions.
At Wave, our proficiency includes a total understanding of your business standards as well as the software that aptly delivers intelligent information. We ask the right questions and can determine the right information to resolve questions.
Understanding information discovery and being able to mine the answers can accelerate the decision-making job, improve company operations, and increase workflow productivity. With this insight, organizations can identify new revenue origins.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the trusted source for analyzing and reporting on Business Intelligence. Microsoft’s Power BI enhances Excel by providing a integrated enterprise system is able to handle larger data origins and provides more paths to visualize that derive answers faster.
Now, numerous files can be combined into a single data set which eliminates the need for duplication and an inordinate amount of maintenance.
These current solutions were designed with the user experience in mind as well as delivering Business Intelligence and analytics aspects. Power BI is just one of many more recent tools that could be a rational next step for businesses in the Arlington area already using Microsoft programs.
Do I Need A Business Intelligence Solution?
Possibly not. Offerings range in size from a solitary user to a comprehensive enterprise program. Here are some ways to help answer that question.
As the Gartner infographic shows, a Business Intelligence tool can include data warehouses, ETL protocols, and features that help to aggregate, synthesize, and supply information that encourages strategic business directions.
