What Is Business Intelligence?

The theory of Business Intelligence encompasses the tools and workflows, protocols that gather information from data places and translate it into actionable information that empowers executives to make more wise business decisions.

At Wave, our expertise encompasses a thorough understanding of your business workflows as well as the software that aptly delivers intelligent information. We how to ask the right questions and can identify the right data to answer questions.

Understanding information discovery and being able to distill the answers can accelerate the decision-making job, improve business efforts, and increase task expediency. With this visibility, organizations can find 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 providing a consolidated enterprise system is capable of handling larger data origins and allows for more options for visualization that give answers more rapidly.

Now, several files can be aggregated into one data set which removes the need for duplication and an excessive amount of upkeep.

These current solutions were created with the user experience in mind along with giving Business Intelligence and analytics features. Power BI is just one of many more recent applications that could be a thoughtful next step for businesses in the Omaha area already leveraging Microsoft tools.

Do I Need A Business Intelligence Solution?

Possibly not. Programs range in size from one user to a broad enterprise program. Here are some ways to help answer that question.

 
 

As the Gartner diagram shows, a Business Intelligence system can include data warehouses, ETL processes, and elements that help to aggregate, compute, and deliver information that drives wise company directions.