What Is Business Intelligence?
The concept of Business Intelligence encompasses the programs and workflows, protocols that gather information from data repositories and convert it into actionable intelligence that helps executives to make more knowledgeable business choices.
At Wave, our competence includes a full understanding of your business workflows as well as the software that accurately delivers intelligent information. We how to ask the right questions and can define the right information to resolve questions.
Understanding information discovery and being able to extract the answers can accelerate the decision-making task, optimize business actions, and increase task efficiency. With this insight, companies can find new revenue streams.
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 enhances Excel by providing a integrated enterprise approach is able to handle larger data origins and provides more paths to visualize that determine answers more rapidly.
Now, many files can be aggregated into one data set which prevents the need for duplication and an unnecessary amount of care.
These current solutions were created with the user experience in mind as well as providing Business Intelligence and analytics aspects. Power BI is just one of many newer tools that may be a logical next step for businesses in the Laredo area already leveraging Microsoft tools.
Do I Need A Business Intelligence Solution?
You might not. Solutions range in size from a solitary user to a broad enterprise offering. Here are some steps to take to answer that question.
As the Gartner picture shows, a Business Intelligence system can consist of data warehouses, ETL processes, and elements that help to aggregate, synthesize, and provide data that empowers wise business directions.
