What Is Business Intelligence?
The methodology of Business Intelligence combines the tools and workflows, protocols that aggregate information from data sources and transform it into actionable information that empowers key stakeholders to make more informed business determinations.
At Wave, our expertise includes a thorough understanding of your business standards as well as the software that accurately delivers intelligent information. We how to ask the right questions and can define the right input to bring clarity to questions.
Comprehending data discovery and being able to mine the answers can accelerate the decision-making task, improve business operations, and increase task efficiency. With this clarity, companies can pinpoint new revenue sources.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the go-to for analyzing and reporting on Business Intelligence. Microsoft’s Power BI augments Excel by providing a centralized enterprise system is able to handle larger data sources and allows for more ways to visualize that derive answers faster.
Now, several files can be integrated into one data set which eliminates the requirement for duplication and an excessive amount of maintenance.
These current solutions were built with the user experience in mind along with giving Business Intelligence and analytics features. Power BI is just one of many current software that could be a rational next step for organizations in the Tucson area already utilizing Microsoft tools.
Do I Need A Business Intelligence Solution?
Possibly not. Offerings range in size from a solitary user to a broad enterprise offering. Here are some paths to answer that question.
As the Gartner diagram shows, a Business Intelligence application can consist of data warehouses, ETL processes, and tools that help to combine, analyze, and deliver data that empowers smart company directions.
