What Is Business Intelligence?
The methodology of Business Intelligence includes the applications and workflows, protocols that aggregate information from data places and transform it into actionable intelligence that helps key stakeholders to make more knowledgeable business decisions.
At Wave, our competence includes a complete understanding of your business processes as well as the technology that efficiently delivers intelligent information. We know what questions to ask and can identify the right input to bring clarity to questions.
Comprehending knowledge discovery and being able to extract the answers can improve the decision-making task, better organization efforts, and increase task productivity. With this clarity, companies can find new revenue origins.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the go-to for analyzing and reporting on Business Intelligence. Microsoft’s Power BI augments Excel by providing a consolidated enterprise approach is capable of handling larger data origins and gives more ways to visualize that give answers faster.
Now, many files can be combined into one data set which eliminates the need for duplication and an unnecessary amount of upkeep.
These contemporary solutions were built with the user experience in mind along with delivering Business Intelligence and analytics aspects. Power BI is just one of many more recent software that might be a rational next step for organizations in the Houston area already using Microsoft software.
Do I Need A Business Intelligence Solution?
Possibly not. Offerings range in size from a solitary user to a robust enterprise program. Here are some ways to help answer that question.
As the Gartner diagram shows, a Business Intelligence application can consist of data warehouses, ETL workflows, and features that help to combine, analyze, and supply knowledge that encourages smart company choices.
