All of you know that data is the lifeline of modern businesses.
Do you think amassing a lot of information will help if your business can make little use of it?
No. Right?
Business intelligence software comes to help in this case.
If you are eager to use a platform that will help you make sense of your data, Microsoft Power BI is your go-to platform.
What is Microsoft Power BI?
Power BI is a set of applications, software services and connectors, working together to transform unrelated data sources to interactive, coherent and visually impressive insights.
Your data can be Excel spreadsheet, collection of on-premises and cloud-based hybrid data warehouses.
Power BI allows to connect to data sources, discover the important things, and share them with all.
Power BI chiefly brings together all available data and then processes it, turning them into insights. At times, it incorporates compelling graphs and charts too, allowing users to share and generate insightful business news.
Since Power BI utilises the foundation of Microsoft Excel, it is not tough to learn it. If you can use Excel, you can use this as well. However, though Power BI is like Excel, it is much more powerful than it.
Why should You Use Power BI?
So, how do you know whether you should use Power BI for your organisation?
Quick Start: You can get the insights very fast using an uncomplicated setup even if you do not have any training.
Streamlined Distribution: Instead of emailing files or storing them in shared drive, you can upload your reports in Power BI.
Real-Time Information: Dashboards are updated in real time. Thus, the viewers can solve problems and identify opportunities fast. Streaming data sources can be anything from social media sources to factory sensors.
Input a Lot of Data: Businesses can load a significant amount of data in this platform, a feature that is certainly not provided by many platforms.
Facilitate Educated Predictions: The information is possible to visualise through powerful templates, allowing businesses make sense of the available data.
Updated Algorithm: Power BI is a cloud-based platform. Thus, businesses can use powerful algorithms and cutting-edge capabilities to take better business decisions.
Cortana Integration: Power BI works with Cortana, Microsoft’s digital assistant. So, even if you want to access charts or graphs from your mobile, no issues. Just ask Cortana!
Data Security: Data safety is a significant issue today. Power BI ensures safety of your data, vouching for granular controls on accessibility, both internally and externally.
Power BI Users
Though most business intelligence products are used by data scientists and business analysts, Power BI can be used by all. Since it can work with whatever data you want to, it can create a report on almost everything.
Power BI is chiefly used by the business intelligence professionals. They use it for creating reports or data models that are shared across the organisation. Power BI is also used in the form of a self-service tool to check progress as well as team performance. The most frequent users of this platform are marketing, finance, IT and the Human Resources departments.