What Is Business Intelligence?
The concept of Business Intelligence includes the tools and workflows, protocols that aggregate information from data places and transform it into actionable information that helps leaders to make more knowledgeable business decisions.
At Wave, our expertise includes a thorough understanding of your business workflows as well as the software that accurately delivers intelligent information. We ask the right questions and can define the right information to answer questions.
Comprehending knowledge discovery and being able to mine the answers can accelerate the decision-making task, optimize company actions, and increase task efficiency. With this clarity, organizations can identify new revenue streams.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the accepted source for breaking down and reporting on Business Intelligence. Microsoft’s Power BI augments Excel by administering a centralized enterprise approach is capable of handling larger data sources and provides more paths to visualize that determine answers faster.
Now, several files can be integrated into a single data set which removes the requirement for duplication and an excessive amount of care.
These modern solutions were built with the user experience in mind as well as delivering Business Intelligence and analytics aspects. Power BI is just one of many current applications that might be a rational next step for companies in the Albuquerque area already using Microsoft tools.
Do I Need A Business Intelligence Solution?
You might not. Solutions range in size from a single user to a comprehensive enterprise program. Here are some steps to take to answer that question.
As the Gartner picture shows, a Business Intelligence system can include data warehouses, ETL workflows, and elements that help to combine, compute, and supply knowledge that encourages wise organization directions.
