You might have already heard about Power BI, and you probably have two questions to ask: What exactly is Power BI? and How Microsoft Power BI can benefit your organization?
Let’s answer your first question.
What is Microsoft Power BI?
Power BI is a business analytical tool by Microsoft that helps users visualize data, create stunning dashboards and embed them into any application. It is available on a cloud platform, which means it can be used without any IT infrastructure support or capital expenditure. The most striking aspect of Power BI is that it enables end-users to create reports and dashboards independently, without any dependency on IT experts or database administrators.
Gartner recognizes Microsoft as a Leader for the thirteenth consecutive year in the Gartner 2020 Magic Quadrant for Analytics and Business Intelligent Platforms. Read Report
Now let’s answer your second question.
How Microsoft Power BI can Benefit Your Organization
-
Centralize Your Data
Today, many organizations operate with vast amounts of data. However, much of the data sits in different systems, and there is a lack of a centralized perspective.
With Microsoft Power BI, you can bring together data from your diverse line-of-business systems and visualize it clearly and efficiently through visually stunning pre-built dashboards.
-
See the future
Power BI helps you to spot trends faster and provide you with insightful comparisons and analysis. For example, it simplifies year-to-date sales numbers for this period against the corresponding time last year. Slice it down into customer segments, analyze your margins, stock holding, customer performance, and plenty more.
-
It connects to the software you already use
Your company runs on a few essential software. You would have accounting software, a payroll application, and possibly another type of software that runs the specifics on your product or service – project management, inventory management, or maybe even a proprietary software you wrote to service your clients. The great news is, you can connect Power BI to most of these software.
Also, Power BI integrates with all the Microsoft suite of products you already use. It also integrates with other ‘non-Microsoft’ databases, such as Oracle, IBM DB2, SAP HANA.
-
Mobilize your workforce
Power BI is a cloud-based solution that helps your team to the business insights they need from any device at any time – which means they are no longer tied to their desks. By removing the need to return to a central location to access critical information regularly, your team can work more effectively and respond quickly.
-
Easy to use and learn
Power BI has a very simple and easy to use interface. Your team doesn’t need any programming experience to use this tool. It has inbuilt intelligence features, which helps you to select attributes for your reports by suggesting the best reporting element.
Power BI is developed on the founding platform of Microsoft Excel, and it follows a similar approach to design a report. Microsoft Excel is globally accepted and widely used software, which makes Power BI easy to learn.
Learn More about Microsoft Power BI
VOX ISM is a Microsoft Triple Gold Partner. We specialize in ERP, CRM and business analytics and provide fully customized business intelligence solutions for our clients using Microsoft Dynamics 365 and Power BI.
Join our upcoming Power BI training sessions to kick-start your Power BI journey.
