If you have no idea about the fact whether Microsoft Power BI is right for your business or not, kindly give this blog a good read. There are various reasons why Microsoft Power BI is apt for you and you need to invest in it.
What is Microsoft Power BI?
Power BI by Microsoft represents business intelligence (BI), reporting, and data visualization tools and services for businesses that are apt for businesses of various sizes.
It helps you convert data into visualizations and dashboards. With Microsoft Power BI, you can streamline processes and analyze your data in a better way. You can predict the future, understand recent trends and patterns and even take a look at your actionable insights to make informed business decisions.
Microsoft Power BI has several elements that synchronize with each other and let you create and share business insights.
What is a Power BI desktop?
It is a complete data analysis and reports creation tool that you can easily install for free on your system. Most people use Power BI Desktop to create reports and then share them with others using Power BI Service.
What is Power BI Pro?
It is a fully paid version of Power BI. It is also a cloud-based self-service analytics tool that allows you to build dashboards and reports. You can embed them into applications and even share them with other users.
What is Power BI premium?
This is the best option for large enterprises. It is a super upgrade of power BI pro and some many extra features and functionalities come with it. You will get better data capacity limits, optimum performance, access to one API service, etcetera. Some of the other tools that you need to know about include power BI report server, power BI mobile, and power bi embedded.
Here are some of the key benefits of using Power BI for businesses.
Allows you to create customized dashboards and interactive reports: Microsoft Power BI is known for its dashboards that can be personalized to meet a company’s requirements. It comes with intuitive & interactive visualizations.
You can easily get customized reports with the help of its drag-and-drop functionality. Microsoft Power BI helps entrepreneurs produce powerful models and visualization.
Gives you access to real-time information: Your organization’s dashboards will get updated in real-time. As data is pushed or streamed in, the dashboard will display an updated version of your visuals with new information. It gives your employees the capability to create solutions and identify opportunities.
Offers a wide range of data sources and integration: Microsoft Power BI can import data from a wide range of data sources as it integrates with all kinds of Microsoft products like excel and Azure. It even integrates with 3rd party tools and solutions like Google Analytics and Salesforce.
It also connects to data files and databases.
Provides an unparalleled excel integration: Many organizations heavily rely on excel when it comes to reporting efforts. Microsoft Power BI integrates with excel and easily connects queries, data models, and reports to the Power BI dashboard. It helps to create interactive visuals.
MicrosoftPower BI is economical: Microsoft Power BI is a cost-effective solution for small and mid-sized businesses. It comes with various versions so that you can pick the one that is perfect for your business. You can even download the free version, namely Power BI desktop and easily make reports and dashboards.
Has monthly regular updates: another important feature of Microsoft Power BI is the fact that there are monthly regular updates made to the platform. You do not need to worry about the same!
Helps you deploy multiple dashboards with Power BI Apps:
In various organizations, business users need multiple Power BI dashboards and reports to run their businesses. You can deploy a wide variety of purpose-built dashboards and reports and even distribute them to the whole company with Power BI apps that are available for Power BI pro users.
Report developers get access to customize navigation to help viewers find content fast!
Take advantage of artificial intelligence: It also leverages Microsoft artificial intelligence’s latest updates to help non-data scientists will machine learning models prepare data and provide insights.
You do not require Technical Support: Microsoft Power BI helps to create analyses and reports without the help of a technical team.
Power BI can be accessed from anywhere and anytime: Power BI has made things so much simpler and easier because your team gets to access reports and dashboards on the go or from home. Literally from anywhere!
It can be accessed through iOS, Android, and Windows devices. All you need is a stable Internet connection.
Enables collaboration through report sharing: Microsoft Power BI allows effective team collaboration as you can share dashboards and reports within Power BI workspaces. It also allows the co-ownership of a report or a dashboard.
So these are a few reasons why organizations should opt for Microsoft Power BI. You can easily visualize, and analyze data across your business with the help of Microsoft Power BI while gaining deep insights into operations and performance.
Dynamics Business Solutions (DBS) is certified Microsoft Dynamics partner in UAE, we take pride in our ability to develop and deploy the right business solution that matches global client’s requirements. Our in-house developed state of the art solutions Dynamo & DynaPay for HRMS and Payroll on top of MS Dynamics 365 FO and Business Central are capable enough to cater all requirements related to HR and Payroll.