What Is Business Intelligence?
The concept of Business Intelligence includes the tools and workflows, protocols that pull information from data sources and translate it into actionable intelligence that empowers key stakeholders to make more wise business determinations.
At Wave, our competence includes a full understanding of your business processes as well as the software that efficiently delivers intelligent information. We ask the right questions and can identify the right data to resolve questions.
Grasping information discovery and being able to distill the answers can expedite the decision-making task, optimize business actions, and increase task expediency. With this visibility, organizations can find new revenue streams.
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 augments Excel by providing a consolidated enterprise platform is able to handle larger data origins and allows for more options for visualization that give answers quicker.
Now, numerous files can be aggregated into a solitary data set which eliminates the requirement for duplication and an inordinate amount of upkeep.
These modern solutions were created with the user experience in mind in addition to providing Business Intelligence and analytics aspects. Power BI is just one of many current software that could be a rational next step for organizations in the Anchorage area already using Microsoft programs.
Do I Need A Business Intelligence Solution?
Possibly not. Offerings range in size from a single user to a broad enterprise solution. Here are some paths to answer that question.
As the Gartner diagram shows, a Business Intelligence tool can include data warehouses, ETL protocols, and elements that help to aggregate, synthesize, and deliver information that drives wise organization decisions.
