What Is Business Intelligence?
The methodology of Business Intelligence combines the applications and workflows, protocols that aggregate information from data places and translate it into actionable intelligence that empowers key stakeholders to make more knowledgeable business decisions.
At Wave, our competence encompasses a complete understanding of your business processes as well as the technology that aptly delivers intelligent information. We how to ask the right questions and can define the right data to answer questions.
Grasping information discovery and being able to mine the answers can improve the decision-making process, improve organization efforts, and increase workflow productivity. With this visibility, companies can pinpoint new revenue sources.
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 enhances Excel by providing a integrated enterprise platform is able to handle larger data repositories and provides more ways to visualize that determine answers quicker.
Now, several files can be integrated into one data set which removes the requirement for duplication and an unnecessary amount of upkeep.
These modern solutions were built with the user experience in mind in addition to giving Business Intelligence and analytics aspects. Power BI is just one of many current tools that might be a logical next step for businesses in the New Orleans area already utilizing Microsoft software.
Do I Need A Business Intelligence Solution?
Maybe not. Programs range in size from one user to a comprehensive enterprise program. Here are some steps to take to answer that question.
As the Gartner diagram shows, a Business Intelligence tool can consist of data warehouses, ETL protocols, and elements that help to aggregate, analyze, and supply knowledge that encourages wise business directions.
