What Is Business Intelligence?
The concept of Business Intelligence encompasses the applications and workflows, protocols that aggregate information from data places and transform it into actionable information that helps key stakeholders to make more informed business determinations.
At Wave, our proficiency encompasses a total understanding of your business standards as well as the technology that accurately delivers intelligent information. We how to ask the right questions and can identify the right information to answer questions.
Grasping data discovery and being able to extract the answers can expedite the decision-making job, optimize company operations, and increase task efficiency. With this clarity, organizations can identify new revenue sources.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the accepted source for analyzing and reporting on Business Intelligence. Microsoft’s Power BI augments Excel by providing a consolidated enterprise system is capable of handling larger data origins and gives more paths to visualize that give answers more rapidly.
Now, numerous files can be aggregated into one data set which eliminates the need for duplication and an inordinate amount of maintenance.
These current solutions were designed with the user experience in mind along with delivering Business Intelligence and analytics aspects. Power BI is just one of many more recent applications that might be a logical next step for organizations in the Baltimore area already utilizing Microsoft tools.
Do I Need A Business Intelligence Solution?
Possibly not. Programs range in size from a solitary user to a broad enterprise program. Here are some paths to answer that question.
As the Gartner diagram shows, a Business Intelligence system can include data warehouses, ETL protocols, and elements that help to aggregate, analyze, and deliver data that encourages wise business directions.
