What Is Business Intelligence?
The concept of Business Intelligence includes the programs and workflows, protocols that gather information from data sources and convert it into actionable knowledge that enables key stakeholders to make more informed business determinations.
At Wave, our competence encompasses a thorough understanding of your business standards as well as the technology that aptly delivers intelligent information. We how to ask the right questions and can determine the right information to bring clarity to questions.
Comprehending information discovery and being able to mine the answers can improve the decision-making task, optimize business actions, and increase task productivity. With this clarity, businesses can find new revenue sources.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the go-to for scrutinizing and reporting on Business Intelligence. Microsoft’s Power BI enhances Excel by giving a integrated enterprise approach is able to handle larger data repositories and provides more ways to visualize that determine answers more rapidly.
Now, numerous files can be combined into a single data set which eliminates the requirement for duplication and an inordinate amount of care.
These contemporary solutions were built with the user experience in mind in addition to delivering Business Intelligence and analytics features. Power BI is just one of many newer applications that could be a rational next step for organizations in the Oklahoma City area already utilizing Microsoft tools.
Do I Need A Business Intelligence Solution?
You might not. Offerings range in size from a single user to a broad enterprise solution. Here are some ways to help answer that question.
As the Gartner picture shows, a Business Intelligence system can incorporate data warehouses, ETL protocols, and features that help to gather, compute, and provide data that empowers smart business choices.
