All the systems have to deal with a massive amount of data each day, and organizations need to analyze this data to make it perform better and gain desirable insights. Here the need for data science and analytics arises. Data analytics is all about converting raw data into meaningful insights in the form of graphs and tables that help you make informed decisions.
Microsoft Power BI works as a powerful business analytics tool that can visualize data from a multitude of sources and convert them into actionable insights. The integration of files is easy and can be accessed from any platform.
It is a new cloud-based business intelligence tool presented by Microsoft and developed from its years of expertise in relational databases such as Access, SQL Server, etc. Microsoft Power BI allows businesses to clean and entirely convert data into meaningful insights. It systematically analyzes data and shares actionable insights.
In the Gartner Magic Quadrant for Analytics and Business Intelligence Platforms 2018 edition, Microsoft was placed in the leaders’ quadrant that makes it the top service provider in the market. According to the Gartner Magic Quadrant, Power BI is measured as a go-to platform based on its idea of unity and ability to perform business intelligencesolutions.
Power BI Desktop
Power BI Service
It is a web portal that helps you manage and display reports that are produced by the use of Power BI Desktop.
So, how Power BI is better than Excel?
One main reason you can consider using Power BI services is that it can connect your system to a wide range of data sources such as databases, online platforms like Facebook, Salesforce reports, etc. The data is transferred quickly into the Power BI Workbook when contrasted against the time taken by the ODBC Driver of Excel.
You get an Auto Refresh in Power BI so that the data stays in sync with the source. Refresh option in Power BI for Desktop and Refresh Now or Scheduled Refresh option is also available in Power BI service to keep your reports updated.
Power BI reporting is more advanced, interactive, and integrated that provides multiple insights, which is much effective than Excel.
It keeps the user alerts on board, and they can access those reports anytime and anywhere.
BI is an ever-evolving technology governing all businesses throughout the world. BI services are far more successful in ensuring a tailored experience to the customers. Power BI Services are extensively expanded, and organizations are leveraging the power of this technology to make intricate business decisions.
Business intelligence and analytics drive smart decision-making and business agility. As your business evolves, managing large the amount of business data can become challenging. If you make efforts to manage this data through traditional methods, you might end up missing out on influential, actionable insights that could transform your business for the better.
Finally, having all your data at one centralized location stops your departments from working in a silo, which improves efficiency, association, and productivity. Here Power BI comes to support your business.
Let us take a look at why you should consider Power BI as a business intelligence tool:
In today’s data-driven world, businesses need a quick and proficient data analytics tool. Power BI incorporates Microsoft Business Intelligence to ensure all your reports are developed quickly and provide desirable insights. Change in time and technology advancement seeks a powerful tool like Power BI that can make your work easier and saves a lot of time, presenting the best results.
Are you looking for expert advice to show you the right away? Contact our professionals at Kindlebit Global today!-Author: Raman Deep