What Is Business Intelligence?
The concept of Business Intelligence includes the tools and workflows, protocols that aggregate information from data places and convert it into actionable information that enables key stakeholders to make more informed business decisions.
At Wave, our proficiency includes a complete understanding of your business processes as well as the technology that efficiently delivers intelligent information. We ask the right questions and can define the right input to bring clarity to questions.
Comprehending data discovery and being able to distill the answers can expedite the decision-making process, better company efforts, and increase workflow productivity. With this insight, businesses can find 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 enhances Excel by administering a centralized enterprise approach is capable of handling larger data sources and allows for more options for visualization that give answers more rapidly.
Now, numerous files can be combined into a single data set which eliminates the demand for duplication and an inordinate amount of upkeep.
These modern solutions were created with the user experience in mind as well as giving Business Intelligence and analytics features. Power BI is just one of many current software that might be a logical next step for businesses in the Jacksonville area already using Microsoft programs.
Do I Need A Business Intelligence Solution?
You might not. Offerings range in size from one user to a robust enterprise solution. Here are some ways to help answer that question.
As the Gartner diagram shows, a Business Intelligence system can incorporate data warehouses, ETL protocols, and tools that help to gather, analyze, and provide information that drives wise organization choices.
