What Is Business Intelligence?

The theory of Business Intelligence encompasses the applications and workflows, protocols that aggregate information from data repositories and translate it into actionable information that empowers executives to make more informed business choices.

At Wave, our competence includes a total understanding of your business standards as well as the software that efficiently delivers intelligent information. We how to ask the right questions and can identify the right data to resolve questions.

Grasping knowledge discovery and being able to extract the answers can accelerate the decision-making process, better business operations, and increase workflow productivity. With this insight, 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 providing a centralized enterprise system that can handle larger data sources and gives more paths to visualize that derive answers quicker.

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

These modern solutions were created with the user experience in mind in addition to delivering Business Intelligence and analytics aspects. Power BI is just one of many current applications that could be a thoughtful next step for businesses in the WinstonSalem area already utilizing Microsoft programs.

Do I Need A Business Intelligence Solution?

Maybe not. Solutions range in size from a solitary user to a comprehensive enterprise solution. Here are some ways to help answer that question.

 
 

As the Gartner diagram shows, a Business Intelligence system can consist of data warehouses, ETL processes, and tools that help to combine, analyze, and supply knowledge that empowers smart business choices.