Business Intelligence

8 Interesting facts you need to know about Power BI

Power BI

If yes, then you need to understand your data because the business requirements keep on changing. This is where business intelligence software like Power BI comes into play.

Now the point is that; Is Microsoft Power BI can help you pluck yourself and your business to reach its heights?

Well! Power BI is a business intelligence tool by using which you can easily analyze, aggregate, share and visualize data without any hassle. It’s easy to use interface allows the users, including non-techies, to maintain and analyze data and reports appropriately in less time.

To learn more about Power BI, explore Guide to Power BI for Beginners.

Are you still in doubt, that Power BI can really help you make better decisions and spark your creativity? Need not worry! That’s because we are here. In this article, we will discuss some facts that compel you to believe that Power BI is a powerful tool that not only makes the analytic process easier but also helps you complete your task effortlessly.

Now, without any further discussions, let’s take a look at some key features and excellent capabilities of Power BI that will definitely make you choose Power BI for your business.

Saves a lot of time and resources

Do you feel that spending the entire day only on data analysis and visualization is really worth it? If not, then start using business intelligence tools like Power BI. It will help you complete the task in a few minutes and allows you to focus on other core business tasks. Also, you don’t need any human resources to pull the data from the database.

Power BI has the capability of data sharing, also known as power Query. It is helpful because-

  • If you use this tool, you don’t have to load the data manually to excel. It allows you to automate the data connection of tools with other sources.
  • It allows you to share the queries with other users that can further be used in other workbooks.
  • You can easily filter, sort, and update the data style and layout without loading to Excel. It is quite useful, especially when you need to connect 10 years of data with external sources by using last month’s data.
  • You can easily connect to various data types like active directory, Facebook, etc. besides Excel.

So, if you want to format your data that will help you better understand your business requirements, then Power BI is the right tool to opt.

Large and simple sharing 

If I am not wrong, then one of the major issues that clients face is sharing reports, especially when they need people to concentrate on the organizational dashboard. Earlier it was limited around excel reports or needed expensive software licensing. But, if you use power BI, then you can easily incorporate live reports on any web page. So, if you want super simple sharing, then yes Power BI can do wonders.

Offers Collaboration 

It is another excellent feature of Power BI that helps users to perform the task more efficiently. It allows multiple users to work on the same dashboard and generate real-time reports simultaneously. Power BI owns the power of collaboration as it is a cloud-based product. People using this tool can share the reports and get proper information about the stakeholders without putting much effort and time. The best part is that without the installation of Power BI software, you can access the reports in a web browser. So. act smartly by taking advantage of Power BI.

Power BI free is all you need to get started

Pricing is one of the major factors that compel users to make an informed decision. If you want to manage or store 1GB data per month, then it is the right opportunity to opt because you don’t have to make a single investment. It’s all free. But, if you want more data storage, then it will cost you around $10 per month for one individual which is really worth it. Say if you are an Office 365 Enterprise E5 user then you can easily enjoy the Power BI Pro license. Also, you can get its free desktop extension, which will take your business/marketing efforts to a new level.

Makes Analytic Process Easier

If you are into the IT field, then you might have noticed how difficult it is to get a report and find someone who has decent skills. Ofcourse, it leads to holding up many tasks. But, now you don’t have to worry about any such issues because Power BI has the potential to make the analytic process easier. By using this tool, you can analyze hundreds of millions of rows, data sources from one source.

Also, it allows you to connect to data sources and summarize the findings into a simple report. The best part of this process is that you don’t need any programming skills. It has in-built DAX functions, which allows you to perform the advanced functions easily and accurately. Don’t go on my words, use the power BI tool, and see the difference.

Offers customization visualization options

Power BI is highly customizable as it offers various attractive visualization options. It allows users to make confident decisions and enhance business productivity. Well! Data visualization is one of the essential features of this amazing tool as it helps you better understand the business insights. Microsoft has introduced open-source visualization development, so it becomes easy for you to access the library of custom visualization, or construct your own. Thus, it will not be wrong to say that power BI empowers self-service data analytics and visualization.

Connect with Power BI community 

No matter whether you are using a tool from the last 1 month or a couple of years, you might face queries one day or the other. But if you are using Power BI, you don’t have to stick to one single task because you can get the answers to your queries from Power BI communities. It is a major network by connecting with which you can easily get your issues resolved. Some Power BI use groups host regular meetings and discuss the latest features regarding Power BI. Due to its highly effective customer support, people prefer using this tool.

Useful Reading- Why R may be a better option than M in Power BI

Part of Microsoft power platform 

Power BI tool is a part of Microsoft Power BI. It allows you to get a deep insight into your data and take actions that improve your business performance. You can easily combine Power BI with Power Automate and Power Apps, which will further help you to automate workflows and build applications that are in favor of your business. It will not be wrong to say that Power BI is a complete network that helps in creating virtual agents, build solutions, analyze data, gain business insights, and save money.

Source: sheaglobal

The Last Say

Hopefully, the facts mentioned above will make you believe that Power BI an amazing tool that not only improves your business growth by better understanding the business analytics but also saves both time and money.

So, what are you waiting for? Pull up your socks and jump on Power BI. Still, if you have second thoughts, then feel free to drop a message in the comment section added below.

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