What Is Business Intelligence?
The concept of Business Intelligence combines the applications and workflows, protocols that aggregate information from data places and translate it into actionable information that empowers leaders to make more wise business decisions.
At Wave, our expertise encompasses a thorough understanding of your business standards as well as the software that accurately delivers intelligent information. We know what questions to ask and can identify the right data to answer questions.
Understanding data discovery and being able to extract the answers can improve the decision-making process, improve organization actions, and increase process efficiency. With this visibility, organizations can identify new revenue streams.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the accepted source for breaking down and reporting on Business Intelligence. Microsoft’s Power BI improves Excel by administering a integrated enterprise approach that can handle larger data repositories and gives more paths to visualize that derive answers more rapidly.
Now, numerous files can be combined into a single data set which removes the need for duplication and an excessive amount of care.
These current solutions were built with the user experience in mind along with providing Business Intelligence and analytics elements. Power BI is just one of many newer applications that may be a rational next step for businesses in the Pittsburgh area already leveraging Microsoft software.
Do I Need A Business Intelligence Solution?
Maybe not. Offerings range in size from a single user to a comprehensive enterprise offering. Here are some ways to help answer that question.
As the Gartner picture shows, a Business Intelligence application can consist of data warehouses, ETL protocols, and features that help to aggregate, analyze, and deliver data that drives wise company directions.
