Home » Business Topics » Business Analytics

How Microsoft Power BI Revolutionizes Business

Businessman analyzing business analytics or intelligence dashboa
Power BI has subtly married traditional analytics and machine learning into a power suite.

As cloud-based business intelligence becomes more and more popular in the market, one name has made quite a mark: Power BI. A Microsoft offering, Power BI is an interactive data visualization and analytics tool that promises to revolutionize business. Here are some of its key benefits to help you see how it can do that:

Data-driven decision-making

For the longest time, companies relied on spreadsheets, charts, graphs, reports, etc., to make some sense of their data and then perform as informed decisions as possible. However, Power BI consulting services can help ease this aspect of running a business by offering companies an unambiguous picture of their operations, factors that affect their KPIs, and other such factors. Such actionable data helps companies ensure the decisions they take have the intended impact.

Optimize current services

Power BI brings to the table a wide variety of integrations, content packs, and templates, among other things, to facilitate visualization of various services, products, apps, etc., that the company already uses. So no matter the third-party integrations your business may be based on, Power BI can help you glean the best possible value out of such setups and make sure that you realize the complete potential of the given integration, tool, etc.

Leverage data-driven dashboards

Integrating Power BI yields various benefits, but perhaps one of the more important benefits is the ability to set up data-driven dashboards. What that means is Power BI provides tools such as the Power KPI visualizations, which empower companies to leverage a variety of data types, metrics, etc., to properly visualize various metrics within one legible dashboard. So, for example, the marketing team is monitoring ten metrics across four regions; they will be able to set up a single dashboard and visualize the relevant data, albeit without involving overtly complicated charts and such.

Ease IT department’s workload

Yet another crucial benefit organizations stand to gain with the use of Power BI is the ability to alleviate the workload of their IT department. Running a business in today’s day and age involves dealing with and managing data restrictions, countless functionalities, access management, reporting, sensitive data, etc. With Power BI, all of these concerns are minimized or eliminated, provided the Power BI implementation for the business is executed strategically, i.e. the appropriate KPIs, reporting modules, etc.

There you have it, folks, a handful of the countless ways the Power BI platform can completely change your business — for good, of course. As companies strive to adapt to a changing world that is bristling with data, powerful tools such as Power BI are helping them brace for the requisite changes and transform their businesses and be ready to take on whatever the future holds for them. In such a market, the ability to make sense of one’s data is a critical ability, of course, and as you can see, Power BI is the tool to make that happen and so much more. If you, too, are ready to level up your business and take it to the next level, we highly recommend that you start looking for a reputed provider of Power BI implementation services and integrate it into your operations right away.