What Is Business Intelligence?
The concept of Business Intelligence combines the programs and workflows, protocols that pull information from data repositories and translate it into actionable intelligence that helps leaders to make more knowledgeable business decisions.
At Wave, our expertise encompasses a thorough understanding of your business workflows as well as the technology that aptly delivers intelligent information. We ask the right questions and can identify the right input to resolve questions.
Understanding data discovery and being able to mine the answers can improve the decision-making job, optimize organization operations, and increase workflow expediency. With this visibility, companies can identify new revenue streams.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the trusted source for analyzing and reporting on Business Intelligence. Microsoft’s Power BI improves Excel by providing a centralized enterprise approach is capable of handling larger data repositories and provides more ways to visualize that give answers more rapidly.
Now, many files can be combined into one data set which eliminates the need for duplication and an unnecessary amount of upkeep.
These current solutions were built with the user experience in mind along with delivering Business Intelligence and analytics features. Power BI is just one of many newer applications that may be a thoughtful next step for businesses in the Aurora area already leveraging Microsoft tools.
Do I Need A Business Intelligence Solution?
Maybe not. Solutions range in size from a single user to a broad enterprise solution. Here are some ways to help answer that question.
As the Gartner picture shows, a Business Intelligence application can include data warehouses, ETL protocols, and tools that help to aggregate, compute, and deliver information that drives smart organization directions.
