January 21, 2020
January 3rd, 2023
Microsoft has relentlessly worked on ‘cloud-first’ and ‘mobile-first’ strategy as promised by Satya Nadella, CEO of Microsoft.
By taking a bigger jump from subscription business models to modern technology solutions, Microsoft is now a top leader in cloud, intelligence, and IoT solutions.
Microsoft’s Azure, a cloud computing service is gaining mega momentum and giving direct competition to Amazon’s AWS and Google Cloud.
Adding more to the valuable and affordable solution stack, Microsoft’s Power BI solution offers an advanced analysis of data, allowing users to make the most of the data to make better decisions.
Microsoft community is continuously enhancing Power BI to make it more accessible to those businesses that are making data-based decisions to solve problems and uncover true business potential.
Data is all around us. Data is everywhere.
Data is the most valuable asset and businesses must become data literate to drive better decisions at every level of business by manipulating, analyzing, and identifying an enormous amount of data.
With the more accessible and affordable technology solutions, it is easy to transform data into meaningful, actionable insights that would further improve your decisions.
Power BI is one such solution that makes it easy for businesses to extract useful data and then transform into knowledge using predictive analysis, various data visualizations, and advanced analytics.
Here, we are talking about Power BI’s real-time IoT dashboard feature.
Before we understand this feature in details, there are few things you might want to take a look at:
Real-time dashboards display real-time data i.e. time-sensitive, live data from IoT devices. This feature helps businesses to leverage the power of real-time reporting to make quick and instantaneous decisions based on the live data and identify trends as they take place.
For more clarity, here are some examples of real-time data use:
Streaming data sets represent multiple streams of incoming data. With streaming data sets, you can manage and update dashboards in real-time.
Sources of data can be sensors, usage metrics, social media, or any device from which real-time (time-sensitive) data can be collected.
Power BI enables you to create dashboards using real-time data and visuals with an easy setup process. In Power BI, there are three types of real-time datasets that can be used to present on dashboards. These are:
Now, once the source of data is decided, there are three ways you can push data into a data set.
In the first approach, you can use Power BI REST APIs to push data into data sets and, in the second method, you can use the API approach to push data.
To understand the third method, we need to understand what Azure Streaming Analytics is:
According to the official Microsoft Azure blog, the definition goes like this:
Azure Stream Analytics is real-time analytics and complex event-processing engine that is designed to analyze and process high volumes of fast streaming data from multiple sources simultaneously.
Simplifying this, with Azure Streaming Analytics, you can run real-time analytics on a number of streams of data from sources such as IoT devices, websites, social media platforms, and other applications.
For any organization, collecting and analyzing data is not just enough. With the rise of IoT and cloud-enabled environment, having access to time-sensitive information on-the-go is of great significance.
Moreover, performing analytics on real-time data can yield a better result and can be useful in the below scenarios:
Implementing such a system that takes real-time data and allows you to perform real-time analytics is a complex process. To make it more easy and accessible, Microsoft has come up with Azure Stream Analytics (ASA) that is powerful, high-performing, easy-to-use, scalable, and accessible.
Basically, it takes an input, processes it with SQL-based query, and generates output. Azure Stream Analytics supports three types of input sources. These sources are:
It is a real-time analytics service that allows you building rapid streaming data pipelines that can further be used for storage, presentation, and actions like batch analytics.
The below image shows how data is being taken from various events, applications, sent for analysis, and then used for various purposes.
The integration of Power BI and IoT has a lot to offer to the IT world, enabling powerful insights based on the real-time data to improve the decision-making process.
It makes real-time dashboarding possible and supports a wide variety of input and output data sources and destinations.
IoT and business intelligence are being popular among developers, organizations, and industry verticals to strategically improve data analysis, creating a way towards improvised decisions and actions.
The potential of data in IoT devices and the performance of real-time analytics could bring many opportunities to many of the industry verticals.
‘Data is the new oil’ and such solutions are enabling smart use of data to maximize the growth rate. IoT-driven economies are still evolving and we yet to see what impact it could bring into the IT industry. But, having tools and technologies that support real-time data analytics is quite interesting to explore.
Isn’t it? Did you find it interesting?
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