What Is Business Intelligence?
The methodology of Business Intelligence encompasses the programs and workflows, protocols that pull information from data places and transform it into actionable intelligence that helps executives to make more knowledgeable business determinations.
At Wave, our competence includes a total understanding of your business workflows as well as the software that efficiently delivers intelligent information. We ask the right questions and can identify the right data to bring clarity to questions.
Comprehending data discovery and being able to extract the answers can accelerate the decision-making job, improve business operations, and increase task productivity. With this clarity, businesses can find new revenue streams.
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 giving a centralized enterprise approach is capable of handling larger data origins and allows for more options for visualization that derive answers more rapidly.
Now, several files can be combined into a solitary data set which removes the need for duplication and an unnecessary amount of upkeep.
These contemporary solutions were designed with the user experience in mind in addition to delivering Business Intelligence and analytics features. Power BI is just one of many current tools that could be a rational next step for companies in the Chicago 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 broad enterprise program. Here are some ways to help answer that question.
As the Gartner picture shows, a Business Intelligence system can incorporate data warehouses, ETL workflows, and tools that help to gather, analyze, and deliver knowledge that encourages smart business decisions.
