First, let’s give Microsoft Power BI a proper introduction.

The Microsoft Power BI app advertises itself as a comprehensive data analytics tool. It provides a service that lets its users create a simple visual representation of the analyzed data that’s easy to interpret and use. This is a core feature of apps like Power BI: the ability to convert data into easily understandable visuals for professional use. Microsoft Power BI can prove to be very valuable for your company, so let’s take a closer look at what it offers!

What’s Power BI?

Microsoft Power BI takes its name from Business Intelligence (BI). Artificial intelligence is now being used by most profitable and agile companies to support them in making decisions.

Every company owner has likely experienced the disorientation of having to decide based on a large volume of data. The hardest part of making that decision is seeing the big picture. With that insight, you’ll know what to do to get the best outcome.

The beauty of Power BI is that you can look at each element to make better decisions. The dashboard’s visual representation allows users to quickly see the data that’s relevant for the choices they have to make.

Business intelligence thus becomes available to all team members who need to access data and make decisions, thanks to Power BI. Every important choice can be based on reliable information. Data is analyzed and updated in real-time with Power BI, allowing teams to make decisions rooted in factual information.

Power BI, like Power App and Power Automate, is available on any device and is part of the Microsoft Power Platform.

Key Benefits of Power BI

Running a company requires constant decision-making. The company’s leader lacks the necessary control over a decision and does it as best as they can, or even by mistake.

The benefits of Power BI are numerous, and it aids management teams in making fast decisions without jeopardizing the company’s profitability. Data visualization is made simple with Power BI. It has a full summary of company data in visual form, with display choices such as tables, charts, gauges, and maps. This makes it easier for teams to use.

Power BI helps companies be more efficient, agile, and flexible by making it easy to see results.

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Business intelligence (BI) is the tool that helps you increase your company’s productivity

Business intelligence, or decision intelligence, is a powerful tool that puts all of the company’s data, regardless of department, together. Via a collection system, BI gathers information in one location and then models it to create a decision-support tool.

BI proceeds with the following four stages to achieve this:

• Information gathering, which centralizes all database results
• Integration, which brings consistency and structure to the data
• Reporting, which provides an easily understandable view to those who have access rights to the information ‍
• The return, which schematizes the information to make it understandable to all and easy to share

The benefit of using software like Power BI is that these four stages are seamless and automatic. You don’t have to do anything to enter and access data once the app is enabled. Power BI takes care of taking the data to where it needs to go, regardless of where it came from. To render decision-making easier, the program processes the data such that it is understandable, reliable, and meaningful. Power BI can manage a company’s logistics, HR, CRM, finances, sales, etc. Each department’s data can be viewed in a visual, interactive, and understandable format.

The dashboard and data analysis make it user-friendly

Another significant benefit of Power BI is its simplicity. You don’t need a degree in data science to use this BI solution! Accessing details, whether for a manager or an analyst, is as simple as a few clicks. Each user may tailor the analysis of the results to their specific needs and features related to their role.

You don’t have to conduct any segmentation on the raw data because Business Intelligence has already done it for you. A customized Power BI dashboard allows the user to see the data that affects them right away.

As Power BI is used, it becomes a collaborative tool that promotes information exchange between departments and users.

Power BI is available on all platforms and can be used at any time. Employees can thus act more independently because they can easily access data, and information access facilitates collaboration. Access is, of course, safe and protected to protect the information’s integrity.

Several applications are available to help you get the best out of your BI tool

Power BI helps businesses by connecting with other apps that make data access better, like Microsoft Teams, Microsoft Dynamics, Power Apps, and Power Automate.

Power BI can be used for a wide range of applications. Power BI apps can process almost any data source, even Google Analytics 🤓. This gives the software and apps more capabilities.

Here’s a non-exhaustive list with a few examples of the applications that are available to this end:

• Microsoft Excel: You can move files together using Power BI and Excel to generate charts or pivot tables from Power BI visual dashboards. This offers the benefit of encouraging you to explore new ways to use Excel and get actionable insights. ‍
• Microsoft Azure: Azure makes it easy to exchange and analyze large amounts of data (aka big data). It’s the best solution for preparing for Big Data when used in conjunction with Power BI. Azure promotes collaboration among all employees of scientific professions who need Big Data access, such as engineers or analysts. ‍
• Microsoft Cloud App Security: Although Power BI makes it easier to access and exchange data, it’s important to note that data security is a legal requirement for businesses. As such, Microsoft Cloud App Security is used in combination with Power BI to prevent harmful activities from compromising data integrity. ‍
• Office 365: Since Power BI is part of the Microsoft family, it naturally integrates with the Office 365 suite. Normally, employees are already familiar with Office 365 software, allowing for seamless coordination and teamwork.

Easily accessible from any location

Power BI can be accessed from any place through its mobile app. It’s an excellent option for distributed teams or businesses with many locations.

An engineer on the road can access data from their phone. An analyst can consult the dashboard from their desktop computer, and a manager can view graphical representations during a management meeting from their tablet.

The Business Intelligence platform also makes it easier for teams to collaborate by enabling them to work on any file at the same time.

Power BI’s simplicity and ease of use anywhere, at any time, is a huge benefit, and it saves time for the agile teams who have implemented this solution.