What Is Business Intelligence?
The methodology of Business Intelligence combines the applications and workflows, protocols that gather information from data repositories and convert it into actionable information that empowers executives to make more informed business choices.
At Wave, our expertise encompasses a full understanding of your business standards as well as the technology that aptly delivers intelligent information. We ask the right questions and can determine the right information to bring clarity to questions.
Understanding information discovery and being able to extract the answers can accelerate the decision-making task, better business actions, and increase process efficiency. With this visibility, organizations can pinpoint new revenue origins.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the trusted source for analyzing and reporting on Business Intelligence. Microsoft’s Power BI improves Excel by administering a integrated enterprise approach is capable of handling larger data sources and provides more paths to visualize that derive answers more rapidly.
Now, many files can be integrated into one data set which removes the demand for duplication and an inordinate amount of upkeep.
These contemporary solutions were created with the user experience in mind in addition to giving Business Intelligence and analytics features. Power BI is just one of many more recent applications that may be a thoughtful next step for businesses in the Jersey City area already using Microsoft programs.
Do I Need A Business Intelligence Solution?
Possibly not. Offerings range in size from a single user to a comprehensive enterprise program. Here are some ways to help answer that question.
As the Gartner picture shows, a Business Intelligence tool can include data warehouses, ETL protocols, and features that help to combine, synthesize, and provide knowledge that empowers strategic business directions.
