What Is Business Intelligence?
The methodology of Business Intelligence combines the tools and workflows, protocols that gather information from data sources and transform it into actionable information that empowers leaders to make more wise business choices.
At Wave, our expertise encompasses 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 determine the right data to resolve questions.
Grasping data discovery and being able to extract the answers can accelerate the decision-making process, better business actions, and increase task productivity. With this visibility, businesses can find new revenue streams.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the accepted source for breaking down and reporting on Business Intelligence. Microsoft’s Power BI enhances Excel by administering a centralized enterprise approach is able to handle larger data origins and allows for more paths to visualize that derive answers quicker.
Now, numerous files can be integrated into one data set which eliminates the demand for duplication and an inordinate amount of upkeep.
These contemporary solutions were created with the user experience in mind along with providing Business Intelligence and analytics elements. Power BI is just one of many newer tools that may be a rational next step for companies in the Los Angeles area already using Microsoft software.
Do I Need A Business Intelligence Solution?
Possibly not. Offerings range in size from a single user to a robust enterprise program. Here are some paths to answer that question.
As the Gartner diagram shows, a Business Intelligence application can incorporate data warehouses, ETL protocols, and features that help to aggregate, synthesize, and deliver information that drives wise business decisions.
