What Is Business Intelligence?
The theory of Business Intelligence encompasses the tools and workflows, protocols that gather information from data sources and translate it into actionable intelligence that helps key stakeholders to make more knowledgeable business determinations.
At Wave, our expertise includes a total understanding of your business standards as well as the software that aptly delivers intelligent information. We how to ask the right questions and can determine the right data to bring clarity to questions.
Comprehending data discovery and being able to extract the answers can improve the decision-making task, better company actions, and increase task expediency. With this insight, businesses 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 augments Excel by providing a integrated enterprise system is able to handle larger data origins and gives more options for visualization that determine answers quicker.
Now, several files can be integrated into a single data set which removes the need for duplication and an unnecessary amount of maintenance.
These current solutions were designed with the user experience in mind in addition to giving Business Intelligence and analytics features. Power BI is just one of many current applications that may be a thoughtful next step for businesses in the Bakersfield area already leveraging Microsoft tools.
Do I Need A Business Intelligence Solution?
Possibly not. Programs range in size from one user to a robust enterprise solution. Here are some ways to help answer that question.
As the Gartner infographic shows, a Business Intelligence system can consist of data warehouses, ETL workflows, and tools that help to aggregate, compute, and supply data that drives wise organization choices.
