What Is Business Intelligence?
The theory of Business Intelligence encompasses the applications and workflows, protocols that pull information from data places and convert it into actionable intelligence that empowers key stakeholders to make more knowledgeable business determinations.
At Wave, our expertise includes a total understanding of your business standards as well as the technology that aptly delivers intelligent information. We ask the right questions and can define the right information to answer questions.
Grasping data discovery and being able to extract the answers can expedite the decision-making job, optimize company operations, and increase workflow expediency. With this insight, companies 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 giving a consolidated enterprise system is capable of handling larger data sources and allows for more options for visualization that determine answers faster.
Now, several files can be integrated into one data set which removes the requirement for duplication and an unnecessary amount of maintenance.
These contemporary solutions were designed with the user experience in mind as well as giving Business Intelligence and analytics elements. Power BI is just one of many more recent applications that may be a thoughtful next step for businesses in the Long Beach area already utilizing Microsoft programs.
Do I Need A Business Intelligence Solution?
You might not. Programs range in size from a single user to a comprehensive enterprise offering. Here are some steps to take to answer that question.
As the Gartner diagram shows, a Business Intelligence system can incorporate data warehouses, ETL processes, and features that help to combine, compute, and deliver data that empowers wise business choices.
