What are the Benefits of Power BI?

Power BI is still unknown to the general public, while this solution is a real miracle. Formulated by Microsoft, it is a comprehensive and intuitive data analysis tool. These are used and transformed so that they are visible and accessible to all your employees. It is therefore logical that Power BI benefits your business in every way.

WHAT EXACTLY IS POWER BI?

BI is the acronym for Business Intelligence. In more professional terms, we speak of Business Intelligence. The majority of current companies, which want to be agile, rely on artificial intelligence to make strategic, operational and tactical decisions. That’s where this business analytics solution comes in. This provides data that is then intelligently analyzed. The goal is to understand market trends, limit risk-taking and set up new business opportunities.

The usefulness of this software for business management

Business decision making is not easy. Leaders will have to take matters into their own hands, which is not always easy. Indeed, a bad choice will impact the smooth running, even the financial health of the company. Power bi is used for the design and distribution of reports and forecasts which are valuable aids for the marketing and sales team. Microsoft Power BI is essential to provide more precise lighting. Thanks to its interactive dashboards , decision-makers are able to make decisions that will be fully assumed.

Power Bi for employees

All teams, too, will have access to this data to extract insights and trends not previously evident. Group members will also be able to make their own decisions. Any decision-making act is based on qualitative data that has been verified upstream. Employees will thus be able to make a choice based on exact and real figures. The software is also useful for representatives of different branches of the company. It allows you to become familiar with the functioning of each department and to analyze the progress made by each employee to achieve their objectives.

Who is this software for?

A self-service application, it is mainly used by Business Intelligence experts and data analysts who specialize in data design. Getting started with Microsoft Power Bi is quick and easy, especially after training in the tool. Even users who don’t have extensive knowledge about it can find their way around easily. In addition, an administration portal is visible on Microsoft Power Bi. It allows management and control of the tool by designated administrators.

POWER BI, MICROSOFT’S “MUST”

Although there is a plethora of relevant and modern solutions on the web, it is always more interesting to use a company with strong expertise. In addition, Microsoft’s notoriety is no longer to be proven around the world. According to the Magic Quadrant for Analytics and Business Intelligence Platforms , Microsoft remains the leader in its field. He has remained in the front runners for decades. According to experts’ opinions, Microsoft is ahead of its competitors because it shows creativity and great ingenuity. Result: his projects materialize and develop rapidly. The birth of Power Bi is a good example.

The popularization of Microsoft solutions

The solutions offered by Microsoft are accessible to the general public. Excel’s success is clear proof of this. Who among us does not know or has never used Excel at least once in their life? All companies use it extensively. The reason is none other than this tool facilitates time-consuming tasks. Today, Microsoft aims to implement “no code” or “low code” solutions. This is a great boon for programmers who want to use advanced programs.

Microsoft solutions interact with each other

If you already use Microsoft solutions, these will easily integrate with this software. In addition, Microsoft apps have almost the same functionality. As such, a user understands these options and does not have to retrain to learn them. It therefore saves time in terms of learning. Microsoft Power Bi relies on the DAX language and the latter, in turn, relies on the Excel functionalities. Thus, the user does not start from scratch.

THE ADVANTAGES OF MICROSOFT POWER BI

To properly manage their businesses, managers make choices all the time. The latter are often taken at random, since they do not have all the cards in hand. Using Microsoft Power BI Services provides many undeniable advantages:

• Increase business productivity.
• Access personalized dashboards.
• Be part of an active community.
• Secure data access.
• Improve team efficiency.

BI, the tool that increases business productivity

Business intelligence is a powerful tool that brings together all of the company’s data. For this, 4 steps are necessary:

1. Collection : thanks to the collection system, information is stored in the same place.
2. Integration : this step structures the data, making it more consistent.
3. Dissemination : it makes the information visible and readable by all users.
4. Restitution : this makes the visual understandable by all and easily shareable.

It takes care of finding the data where it is. All branches of the company go through Microsoft Power Bi: human resources, logistics, banking, sales, customer relations…

Tailor-made dashboards

Custom dashboards are one of Power Bi’s flagship features. They conform to the needs of an organization or a company. For a better user experience, add Bi reports. On-premises and cloud data can be combined in a single platform. This makes it possible to monitor the critical curves of the company via the applications in place. More concretely, here is what users can do:

• Create their own analyzes from the data provided via the software or Excel.
• Consume this same data via a mobile application or via the internet.
• Communicate with other users.
• Integrate with other apps like Azure, Excel, Office 365, Microsoft Cloud App Security and many more.
• Use dashboards for “shortcut” views and pull details from reports.
• Optimize analysis capacity and report generation. Embed these on other external sites.
• Have access to virtually all data sources without difficulty.
• Save information and avoid duplicates.
• Access considerable volumes relating to Big Data.
• Have unlimited visuals and templates for presenting KPIs.
• Rely on things like R and Python for analytics.
• Design visuals regarding AI features.
• Add related solutions like Power Automate or Power Apps to Microsoft Power BI Expert.
• Design an alert system that notifies by e-mail as soon as values ​​exceed the recommended ceiling.
• Perform automatic analyses.
• Ask and answer questions in natural language.

Solid access protection

Power Bi rhymes with safety functionality. The tool assigns access rights at all levels. Users who have access can view a report created by a user. This filtering system allows the design and sharing of reports without blowing your budget. This eliminates the need to create an individual report for each member of your team.

Improve team efficiency

With the Power Bi tool, teams perform better. Everyone can consult the reports without restriction of geographical location or time. Graphs, diagrams and tables are visible without touching the raw data.