April 11, 2019
December 7th, 2022
Do you face difficulties in providing more accurate reporting and analysis?
Are you unable to identify the latest trends, market conditions and respond quickly to change?
Having problems in optimizing internal business process and driving decisions?
Do you have trouble in obtaining important business reports?
Is it challenging to convert raw data into actionable insights?
If yes, then this blog is definitely for you!
Well, if you are using Excel, it may be difficult to work with the large data which ultimately creates roadblocks for data-driven enterprises.
And if you are using any other tools which have fewer competencies, it may be difficult to harness data for driving the business decision.
So, how to make an informed decision with the use of data?
Well, in such a scenario, the powerful Business Intelligence system can come to rescue!
Do you know?
Gartner recognizes Microsoft as a leader in Analytics and BI platforms for 11 consecutive years
Well, let’s understand, why organizations prefer to use Power BI?
Before going in-depth let’s start with basics.
Power BI is a cloud-based business analytics service by Microsoft enabling anyone to visualize and analyze data with greater speed, efficiency, and high understanding.
Companies like Dell, Wipro, Metro Bank PLC, Edsby, Oraylis, Vizion solutions and many more are already using Power BI consulting services to grow their businesses.
Have a look at this video
Well, there are three ways to use Power BI
To be precise, the desktop is for creating content; the Service is for sharing the content; the mobile apps are for getting insights anywhere on any device.
To understand in a better way, you need to know the Power BI architecture.
But before that, you must be aware of Power BI components.
Power BI is a combination of components where each component plays an important part in the Power BI solution.
Power BI offers several components that enable users to create and share data reports which include:
Let’s have an overview of the Power BI architecture
Power BI can connect data from a variety of data sources.
There are two primary options for sourcing data:
(1) Importing the data to Power BI
(2) Using the Direct Query.
If you are importing a file to Power BI, it limits the data sets to 1 GB, but if the size is more than 1 GB, you can use Direct Query (you can build reports based on extremely large datasets).
Once the data is connected, you can transform it as per your needs. Transforming data includes changing the name of columns or tables, modifying the text to numbers, removing rows, adjusting rows, headers and much more. There is a number of transformation options available to shape your data.
Here reports are created which represent different findings and insights from that dataset. Basically, it is in the form of a graph, pie charts, slicers, etc. It is highly interactive and customizable; which updates as the underlying data changes. After creating a report, you can publish them to Power BI services.
A Power BI dashboard consists of a single page, often called canvas that tells a story through visualizations. You can create a dashboard by pinning the individual element or live report page. As it is limited to one page, a well-designed dashboard contains only the overview.
Experience Your Data. Any Data, Any Way, Any Where
Power BI makes it easy to fetch data from cloud services including Microsoft Dynamics, Salesforce, Google Analytics, Zen desk, Facebook, and more. No matter where your data is available, Power BI enables you to shape the data from different sources; enabling you to create visual reports that you can easily share with others.
With Power BI, you can create personalized dashboards enabling it to monitor the business needs in real-time. It makes easy to solve the problems as they occur and provides a holistic view of the business empowering the teams to make informed decisions. You can easily embed the dashboards and BI reports in the applications to provide a unified user experience.
How about asking queries in natural language and getting answers in stunning interactive visualization?
Well, with Power BI, you can ask a question and get an answer in the form of the right chart and right graph. It has auto-search functionality which lets you scan the hidden insights in seconds. It stores all the information in a centralized location and makes interaction with fast and quick data.
The timeline storyteller is one of the trending custom visuals in Power BI that convey information and details that vary over time. It presents data in the form of circle, grids, spirals or any custom shapes, or even a simple linear list. It also has layouts, different scale representations like logarithmic and relative, controls for filtering, highlighting and annotation. You can decide how you want your data to be represented, scaled and designed in a timeline.
Power BI offers native BI mobile apps for Android, iOS and Windows where anyone can securely access and view live Power BI dashboards and reports on any device. It is easy to access on-premise data stored in SQL server or data in the cloud; no matter wherever you are.
With Power BI Mobile App You Can:
Although Power BI shapes the business world and offers numerous advantages but with every advantage, there is always a corresponding disadvantage.
Although, Power BI has few disadvantages; its unique features and functionalities are aligned with the business decisions. Thus it is loved by most of the organizations.
To simplify this, let’s compare Power BI with Tableau and QlikView which are the industry-leading BI tools.
The future belongs to the solution that is
Most importantly, it should have the features and functionalities that enable them to make quick business decisions. And Power BI fits all these criteria.
So, of-course future holds the best for Power BI and it is here to stay for many more years ahead.
What is your opinion? Do you think businesses should use Power BI? Please express your opinion below or connect with us to know more about Power BI.
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