What Is Business Intelligence?

The methodology of Business Intelligence combines the applications and workflows, protocols that pull information from data places and convert it into actionable intelligence that helps leaders to make more knowledgeable business choices.

At Wave, our expertise includes a complete understanding of your business standards as well as the technology that efficiently delivers intelligent information. We ask the right questions and can determine the right information to answer questions.

Comprehending data discovery and being able to mine the answers can improve the decision-making job, optimize company actions, and increase task productivity. With this visibility, organizations can pinpoint new revenue sources.

 
 

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 giving a consolidated enterprise platform that can handle larger data sources and provides more options for visualization that give answers faster.

Now, numerous files can be combined into a solitary data set which eliminates the demand for duplication and an inordinate amount of care.

These modern solutions were created with the user experience in mind as well as providing Business Intelligence and analytics elements. Power BI is just one of many newer software that may be a logical next step for companies in the Virginia Beach area already leveraging Microsoft software.

Do I Need A Business Intelligence Solution?

Possibly not. Programs range in size from a single user to a comprehensive enterprise program. Here are some steps to take to answer that question.

 
 

As the Gartner diagram shows, a Business Intelligence application can consist of data warehouses, ETL protocols, and features that help to combine, synthesize, and provide information that empowers smart organization decisions.