What Is Business Intelligence?
The methodology of Business Intelligence encompasses the tools and workflows, protocols that gather information from data places and transform it into actionable intelligence that enables executives to make more wise business determinations.
At Wave, our expertise includes a thorough understanding of your business workflows as well as the software that efficiently delivers intelligent information. We how to ask the right questions and can determine the right data to resolve questions.
Understanding knowledge discovery and being able to extract the answers can accelerate the decision-making job, improve business actions, and increase task productivity. 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 improves Excel by providing a integrated enterprise system is able to handle larger data origins and provides more paths to visualize that give answers more rapidly.
Now, many files can be combined into a solitary data set which removes the demand for duplication and an inordinate amount of upkeep.
These contemporary solutions were built with the user experience in mind along with giving Business Intelligence and analytics aspects. Power BI is just one of many more recent tools that may be a logical next step for organizations in the Detroit area already leveraging Microsoft software.
Do I Need A Business Intelligence Solution?
You might not. Programs range in size from one user to a comprehensive enterprise offering. Here are some steps to take to answer that question.
As the Gartner infographic shows, a Business Intelligence system can consist of data warehouses, ETL protocols, and features that help to combine, analyze, and provide knowledge that empowers smart business decisions.
