What Is Business Intelligence?

The theory of Business Intelligence encompasses the applications and workflows, protocols that gather information from data places and translate it into actionable intelligence that enables key stakeholders to make more wise business determinations.

At Wave, our expertise encompasses a full understanding of your business processes as well as the software that accurately delivers intelligent information. We ask the right questions and can identify the right information to bring clarity to questions.

Comprehending information discovery and being able to extract the answers can accelerate the decision-making process, optimize organization efforts, and increase task productivity. With this insight, organizations can pinpoint new revenue origins.

 
 

Is Microsoft Excel A Business Intelligence Solution?

Excel spreadsheets have been the trusted source for analyzing and reporting on Business Intelligence. Microsoft’s Power BI improves Excel by administering a consolidated enterprise platform that can handle larger data origins and provides more ways to visualize that determine answers quicker.

Now, numerous files can be integrated into a solitary data set which removes the need for duplication and an unnecessary amount of upkeep.

These modern solutions were designed with the user experience in mind in addition to providing Business Intelligence and analytics aspects. Power BI is just one of many current software that might be a thoughtful next step for organizations in the Portland area already leveraging Microsoft tools.

Do I Need A Business Intelligence Solution?

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

 
 

As the Gartner diagram shows, a Business Intelligence system can incorporate data warehouses, ETL processes, and tools that help to aggregate, analyze, and supply data that encourages smart business directions.