What Is Business Intelligence?

The methodology of Business Intelligence encompasses the programs and workflows, protocols that gather information from data places and convert it into actionable knowledge that helps leaders to make more knowledgeable business decisions.

At Wave, our proficiency includes a thorough understanding of your business processes as well as the software that efficiently delivers intelligent information. We know what questions to ask and can determine the right data to resolve questions.

Grasping data discovery and being able to extract the answers can expedite the decision-making task, better company actions, and increase task expediency. With this insight, organizations can find new revenue sources.

 
 

Is Microsoft Excel A Business Intelligence Solution?

Excel spreadsheets have been the trusted source for scrutinizing and reporting on Business Intelligence. Microsoft’s Power BI improves Excel by administering a consolidated enterprise system is capable of handling larger data sources and allows for more options for visualization that give answers faster.

Now, many files can be integrated into a solitary data set which prevents the need for duplication and an inordinate amount of upkeep.

These modern solutions were created with the user experience in mind as well as delivering Business Intelligence and analytics aspects. Power BI is just one of many current tools that may be a rational next step for companies in the Fort Worth area already utilizing Microsoft programs.

Do I Need A Business Intelligence Solution?

You might not. Offerings range in size from a solitary user to a robust enterprise solution. Here are some ways to help answer that question.

 
 

As the Gartner infographic shows, a Business Intelligence application can consist of data warehouses, ETL protocols, and tools that help to aggregate, synthesize, and supply information that drives wise business decisions.