What Is Business Intelligence?

The theory of Business Intelligence includes the applications and workflows, protocols that pull information from data repositories and translate it into actionable information that helps leaders to make more knowledgeable business decisions.

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 resolve questions.

Comprehending information discovery and being able to mine the answers can accelerate the decision-making job, optimize company efforts, and increase task productivity. With this visibility, businesses can pinpoint new revenue origins.

 
 

Is Microsoft Excel A Business Intelligence Solution?

Excel spreadsheets have been the accepted source for scrutinizing and reporting on Business Intelligence. Microsoft’s Power BI enhances Excel by administering a centralized enterprise platform is capable of handling larger data origins and allows for more ways to visualize that derive answers quicker.

Now, many files can be combined into one data set which prevents the requirement for duplication and an inordinate amount of upkeep.

These contemporary solutions were designed with the user experience in mind in addition to providing Business Intelligence and analytics elements. Power BI is just one of many current applications that might be a logical next step for businesses in the Spokane area already leveraging Microsoft software.

Do I Need A Business Intelligence Solution?

You might not. Offerings range in size from a solitary user to a robust enterprise program. Here are some steps to take to answer that question.

 
 

As the Gartner infographic shows, a Business Intelligence tool can consist of data warehouses, ETL protocols, and features that help to combine, analyze, and deliver data that drives smart organization decisions.