What Is Business Intelligence?
The methodology of Business Intelligence encompasses the programs and workflows, protocols that gather information from data sources and translate it into actionable intelligence that empowers leaders to make more knowledgeable business determinations.
At Wave, our expertise encompasses a thorough understanding of your business workflows as well as the software that aptly delivers intelligent information. We how to ask the right questions and can determine the right information to answer questions.
Understanding knowledge discovery and being able to extract the answers can improve the decision-making task, improve business actions, and increase task expediency. With this visibility, companies 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 improves Excel by administering a centralized enterprise platform is able to handle larger data sources and allows for more options for visualization that derive answers faster.
Now, several files can be integrated into one data set which removes the demand for duplication and an inordinate amount of upkeep.
These modern 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 software that could be a thoughtful next step for businesses in the Minneapolis area already utilizing Microsoft programs.
Do I Need A Business Intelligence Solution?
Possibly not. Programs range in size from one user to a comprehensive enterprise offering. Here are some ways to help answer that question.
As the Gartner picture shows, a Business Intelligence application can incorporate data warehouses, ETL processes, and tools that help to combine, synthesize, and supply knowledge that encourages wise company directions.
