{"id":4469,"date":"2021-03-09T06:33:52","date_gmt":"2021-03-09T06:33:52","guid":{"rendered":"https:\/\/www.aiproblog.com\/index.php\/2021\/03\/09\/what-makes-power-bi-a-powerful-tool-for-businesses-today\/"},"modified":"2021-03-09T06:33:52","modified_gmt":"2021-03-09T06:33:52","slug":"what-makes-power-bi-a-powerful-tool-for-businesses-today","status":"publish","type":"post","link":"https:\/\/www.aiproblog.com\/index.php\/2021\/03\/09\/what-makes-power-bi-a-powerful-tool-for-businesses-today\/","title":{"rendered":"What Makes Power BI A Powerful Tool For Businesses Today?"},"content":{"rendered":"<p>Author: Tanya Kumari<\/p>\n<div>\n<p><i><span style=\"font-weight: 400;\"><a href=\"https:\/\/storage.ning.com\/topology\/rest\/1.0\/file\/get\/8641999261?profile=original\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/storage.ning.com\/topology\/rest\/1.0\/file\/get\/8641999261?profile=RESIZE_710x\" width=\"720\" class=\"align-full\"><\/a><\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;Information is the oil of the 21st century, and analytics is the combustion engine\u201d\u00a0 by Peter Sondergaard, Senior Vice President, Gartner<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">The<\/span> <a href=\"https:\/\/www.ibm.com\/blogs\/watson\/2016\/05\/biggest-data-challenges-might-not-even-know\/\"><span style=\"font-weight: 400;\">80%<\/span><\/a> <span style=\"font-weight: 400;\">of unstructured data that resides in social media feeds, digital photos, emails, and audio files can be hard to analyze and accumulate. It lets businesses fail to use the tones of relevant data they have access to.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Emerging technologies today have entirely transformed the way companies deal with the present data. It brought new innovative ways to determine and understand business trends. The availability of information not only comes up with the opportunities but also holds challenges.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To overcome the data challenges, modern business intelligence tools come into existence.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to a study by Forbes,<\/span> <a href=\"https:\/\/www.forbes.com\/sites\/louiscolumbus\/2020\/05\/03\/62-of-businesses-say-self-service-bi-is-essential-in-2020\/?sh=2188a4af9a4a\"><i><span style=\"font-weight: 400;\">62% Of Businesses<\/span><\/i><\/a> <i><span style=\"font-weight: 400;\">Say Self-Service BI Is Essential In 2020<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Microsoft brings the most powerful suite of tools and services popularly known as Microsoft Power BI (Business Intelligence).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It enables businesses to have a deeper understanding of business data with strong data analytics and visualizations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Data no longer sits in the large databases used with Power BI. The integrated solutions encompass diverse data sources and visualization. Also, it enables smarter data-driven decisions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It simplifies the process of extracting and presenting data dynamically and interactively.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/storage.ning.com\/topology\/rest\/1.0\/file\/get\/8522032262?profile=original\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/storage.ning.com\/topology\/rest\/1.0\/file\/get\/8522032262?profile=RESIZE_710x\" class=\"align-center\" width=\"631\" height=\"242\"><\/a><\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the<\/span> <a href=\"https:\/\/enlyft.com\/tech\/business-intelligence\"><span style=\"font-weight: 400;\">Business Intelligence<\/span><\/a> <span style=\"font-weight: 400;\">category, Microsoft Power BI has a market share of about 8.1%.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Why Should Businesses Use Power BI For Business Analytics?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The world of Business Intelligence is evolving at a faster pace with the most powerful, effective, and innovative tool for data visualization and data handling.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Power BI is a leader in\u00a0<\/span><\/i> <a href=\"https:\/\/www.gartner.com\/doc\/reprints?id=1-3TXXSLV&amp;ct=170221&amp;st=sb\"><i><span style=\"font-weight: 400;\">Gartner\u2019s 2018 Magic Quadrant for Analytics and Business Intelligence Platforms<\/span><\/i><\/a><\/p>\n<p><span style=\"font-weight: 400;\">It offers numerous opportunities to businesses to drive digital transformation for increased growth and profitability. The opportunity to quickly transform data from various sources into actionable insights lies in this powerful tool.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whether it\u2019s about<\/span> <span style=\"font-weight: 400;\">interactive dashboards, real-time reports, rich data presentation, self-service capabilities, Power BI is a one-stop solution for<\/span> <a href=\"https:\/\/dzone.com\/articles\/how-big-data-and-customer-360-drive-your-businesse\"><span style=\"font-weight: 400;\">businesses dealing with complex and huge data<\/span><\/a> <span style=\"font-weight: 400;\">sets and challenging data-based processes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To overcome the challenges of<\/span> <span style=\"font-weight: 400;\">large volumes of data generated and accumulated over time, Power BI can be a savior data tool for your business.<\/span> <span style=\"font-weight: 400;\">It helps you make smarter and brilliant data-driven decisions faster.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moving further, let\u2019s dig out in-depth as to why businesses should use Power BI\u00a0 to enhance their business analytics.<\/span><\/p>\n<\/p>\n<h3><span style=\"font-weight: 400;\">Create interactive reports-Custom and Open-Source Visuals<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Power BI comes with tonnes of pre-packaged standard data visuals to leverage your interactive reports. It facilitates users to embed BI and analytics with ease and produce reliable reports and analysis via dashboards, reports, and datasets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The enhanced presentation and functionality leverage the power of data and <a href=\"https:\/\/www.classicinformatics.com\/blog\/business-intelligence-reporting-and-data-analysis-microsofts-business-intelligence-software-stack\" target=\"_blank\" rel=\"noopener\">business intelligence to deliver fast and interactive reports<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Power BI can help you make an attractive and engaging range of rich and complex visuals uniquely.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Can Easily Connect Your Data<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Power BI makes it easier to incorporate your entire data together into one place, for flexibility, accessibility, and visibility when reporting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The tool currently supports up to 70+ connectors. It let businesses load data from a wide range of cloud-based sources such as Azure, DropBox, Google Analytics, OneDrive, and SalesForce.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The built-in connectors facilitate users to load pre-built Power BI dashboards and perform data analysis in no time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With this, you can always customize your data and even start from scratch. This can be done by importing your datasets and developing your rich dashboard and reports.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also, the Drag-and-drop functionality lets your employees generate customized reports faster. It helps users to simply select and open information that stands out to gain a better understanding of what\u2019s going on.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus,<\/span> <span style=\"font-weight: 400;\">Power BI makes seamless integration with your existing business environment and improves your reporting capabilities.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Uncompromised Security<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Power BI lets you manage security and user access within the same interface. It simply eliminates the need to use other tools.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Built-in Azure Active Directory (AAD) is used for user authentication, Single Sign-On (SSO), along with login details to access your data.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Power BI Ability To Customize Power BI App Navigation<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Microsoft has worked hard on their software to ensure that apps such as Power BI are rich-featured, with similar usability, and full compatibility with one another.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Power BI integration with apps<\/span> <span style=\"font-weight: 400;\">gives report developers the power to customize navigation. It helps viewers find content quickly and understand the relationships between different reports and dashboards.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">PowerApps is a powerful business tool used by businesses to create apps that run on all browsers and operating systems. It has a simple and user-friendly interface that doesn&#8217;t require coding experience as Power BI.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It let your end-users access real data insights to build customized applications using a similar interface.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s even easier to share key insights with employees using your in-house custom apps with native integration.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">More Advanced Analytics and High performance Delivered<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Power BI\u2019s is a powerful toolset that allows you to leverage organizational expertise and ease into Power BI faster.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The in-memory assessment technology and DAX (data analysis expressions) scripting language maintain a perfect balance between intelligible simplicity and performance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The DAX check into their data and find patterns that go easier with Power BI.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It makes it easier for Excel users to transform, and integrate business data in Power BI.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Facilitates Seamless Cortana Integration<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Power BI is empowered to run remote apps on multiple internet platforms and devices, i.e. Android, iOS, and Windows devices, enabling users with advanced accessibility.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It works seamlessly with Microsoft\u2019s digital assistant, Cortana<\/span> <span style=\"font-weight: 400;\">which allows users to query data verbally using natural language<\/span><span style=\"font-weight: 400;\">. Users can ask verbal questions in natural language to access charts and graphs. This provides great help to mobile users.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With intuitive graphical functions, users require no professional training when using the app.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Rich and Customized Dashboards<\/span><\/h3>\n<\/p>\n<p><span style=\"font-weight: 400;\">One of the best features of Power BI is the information dashboards which can customize to meet organization needs. You can easily embed the dashboards and BI reports in the applications to provide an inevitable user experience.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Users can now easily integrate on-premise and cloud data in a single view. It allows you to keep monitoring critical enterprise-wide data from all business applications irrespective of platform.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The dashboards update in real-time as data is pushed inside it that let users quickly solve issues and explore new opportunities fast. The real-time data and visuals can be generated with reports or dashboards.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus, business leaders can easily<\/span> <span style=\"font-weight: 400;\">monitor their business more powerfully with the Power BI suite. Also, they get quick answers through rich Data Visualization with excellent dashboards.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;Many<\/span><\/i> <a href=\"http:\/\/www.gartner.com\/it-glossary\/business-intelligence-bi\/\"><i><span style=\"font-weight: 400;\">business intelligence<\/span><\/i><\/a> <i><span style=\"font-weight: 400;\">(BI) and analytics leaders are unsure how to get started with advanced analytics, and many organizations feel they must make a significant investment in new tools and skills,&#8221; said<\/span><\/i> <a href=\"http:\/\/www.gartner.com\/analyst\/40753\"><i><span style=\"font-weight: 400;\">Lisa Kart<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">, research director at Gartner. &#8220;But a successful advanced analytics strategy is about more than simply acquiring the right tools. It&#8217;s also important to change mindsets and culture, and to be creative in search of success.&#8221;\u00a0<\/span><\/i><\/p>\n<h2><a href=\"https:\/\/storage.ning.com\/topology\/rest\/1.0\/file\/get\/8522098082?profile=original\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/storage.ning.com\/topology\/rest\/1.0\/file\/get\/8522098082?profile=RESIZE_710x\" class=\"align-center\"><\/a><\/h2>\n<h2><span style=\"font-weight: 400;\">\u00a0 \u00a0 \u00a0 <span style=\"font-size: 8pt;\"><a href=\"https:\/\/www.forbes.com\/sites\/louiscolumbus\/2020\/05\/31\/what-you-need-to-know-about-bi-in-2020\/?sh=2504ff653aa8\" target=\"_blank\" rel=\"noopener\">forbes<\/a><\/span><\/span><\/h2>\n<h2><span style=\"font-weight: 400;\">Final Verdict<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">It\u2019s not hard to understand<\/span> <span style=\"font-weight: 400;\">Power BI is a powerful business intelligence tool and is here to stay in the world of Data Visualization. That is<\/span> <span style=\"font-weight: 400;\">why Power BI is enjoying huge popularity for businesses looking for real-data insights, interactive dashboards, and rich reporting.<\/span><\/p>\n<\/div>\n<p><a href=\"https:\/\/www.datasciencecentral.com\/xn\/detail\/6448529:BlogPost:1020559\">Go to Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Author: Tanya Kumari &#8220;Information is the oil of the 21st century, and analytics is the combustion engine\u201d\u00a0 by Peter Sondergaard, Senior Vice President, Gartner The [&hellip;] <span class=\"read-more-link\"><a class=\"read-more\" href=\"https:\/\/www.aiproblog.com\/index.php\/2021\/03\/09\/what-makes-power-bi-a-powerful-tool-for-businesses-today\/\">Read More<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":474,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[26],"tags":[],"_links":{"self":[{"href":"https:\/\/www.aiproblog.com\/index.php\/wp-json\/wp\/v2\/posts\/4469"}],"collection":[{"href":"https:\/\/www.aiproblog.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aiproblog.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aiproblog.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aiproblog.com\/index.php\/wp-json\/wp\/v2\/comments?post=4469"}],"version-history":[{"count":0,"href":"https:\/\/www.aiproblog.com\/index.php\/wp-json\/wp\/v2\/posts\/4469\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.aiproblog.com\/index.php\/wp-json\/wp\/v2\/media\/471"}],"wp:attachment":[{"href":"https:\/\/www.aiproblog.com\/index.php\/wp-json\/wp\/v2\/media?parent=4469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aiproblog.com\/index.php\/wp-json\/wp\/v2\/categories?post=4469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aiproblog.com\/index.php\/wp-json\/wp\/v2\/tags?post=4469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}