What Is Business Intelligence?
The concept of Business Intelligence includes the programs and workflows, protocols that aggregate information from data sources and transform it into actionable intelligence that empowers leaders to make more informed business determinations.
At Wave, our competence includes a complete understanding of your business standards as well as the software that accurately delivers intelligent information. We ask the right questions and can determine the right data to resolve questions.
Understanding information discovery and being able to distill the answers can improve the decision-making process, improve business operations, and increase workflow productivity. With this clarity, businesses can find new revenue streams.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the go-to for breaking down and reporting on Business Intelligence. Microsoft’s Power BI improves Excel by giving a integrated enterprise system is capable of handling larger data sources and allows for more paths to visualize that derive answers more rapidly.
Now, several files can be integrated into one data set which eliminates the requirement for duplication and an unnecessary amount of maintenance.
These modern solutions were built with the user experience in mind along with providing Business Intelligence and analytics features. Power BI is just one of many more recent tools that could be a thoughtful next step for companies in the Corpus Christi area already utilizing Microsoft software.
Do I Need A Business Intelligence Solution?
You might not. Offerings range in size from one user to a robust enterprise program. Here are some steps to take to answer that question.
As the Gartner diagram shows, a Business Intelligence tool can incorporate data warehouses, ETL protocols, and tools that help to aggregate, synthesize, and supply knowledge that empowers smart company decisions.
