What Is Business Intelligence?
The theory of Business Intelligence encompasses the tools and workflows, protocols that pull information from data sources and convert it into actionable intelligence that empowers executives to make more knowledgeable business choices.
At Wave, our expertise includes a total understanding of your business standards as well as the software that efficiently delivers intelligent information. We how to ask the right questions and can define the right data to resolve questions.
Grasping information discovery and being able to distill the answers can improve the decision-making process, optimize company actions, and increase task productivity. With this clarity, businesses can find new revenue origins.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the trusted source for breaking down and reporting on Business Intelligence. Microsoft’s Power BI augments Excel by providing a integrated enterprise system is capable of handling larger data repositories and provides more ways to visualize that determine answers quicker.
Now, several files can be combined into a solitary data set which removes the need for duplication and an inordinate amount of care.
These contemporary solutions were created with the user experience in mind along with giving Business Intelligence and analytics features. Power BI is just one of many current software that might be a logical next step for organizations in the Denver area already utilizing Microsoft software.
Do I Need A Business Intelligence Solution?
You might not. Solutions range in size from a solitary user to a robust enterprise solution. Here are some paths to answer that question.
As the Gartner diagram shows, a Business Intelligence application can consist of data warehouses, ETL workflows, and elements that help to gather, synthesize, and provide data that empowers wise company choices.
