Nowadays, businesses have to rely on data in unprecedented ways. In fact, businesses hailing from various disciplines use massive amounts of data on a daily basis. They gather data from several sources, offline and online. However, it is also important to compile and process that data and analyze it using apt software solutions. That is why Data visualization applications are used by so many companies. From technology giants to leading MNCs, plenty of companies are relying on BI and data visualization solutions like Microsoft Power BI. For effective Power BI implementation, hiring a veteran development agency is recommended.
Before you invest in a specialized data visualization tool like Power BI or buy it, it is necessary that you know the significance of data visualization. Your business may obtain data from myriads of sources. Analysis of that data helps in understanding customer preferences, areas of improvement and market trends, etc. This, in turn, helps the businesses take key decisions and make strategic moves. To understand the analyzed data properly, presenting it in a comprehensible visual manner is necessary. That is where data visualization steps in.
Microsoft Power BI is a BI solution that has robust and embedded data visualization capabilities. The data compiled and analyzed by the tool is visually represented using several elements. These include graphs, videos, charts, images, etc. These visual elements help the users and viewers understand the data well. It is possible to use many filters or parameters to represent data in specific ways. Dashboards and reports are also key features present in the application. Of course, you will gain from the services of a veteran Power BI developer for utilizing these elements.
As it is, Power BI comes with a wide range of data visualization elements. These include:
There are some other types of charts available in Power BI, like the waterfall chart. However, these are typically used by the Power Bi Experts.
In Power BI, you can make use of maps to represent sales data. This is accessible through the globe icon in the tool's visualization pane. You have to pick the required categories.
There are three types of maps, namely Flow maps, point maps, and regional maps.
Microsoft has made it possible to use R and Python to enhance the data visualization prowess of Power BI. This can be immensely helpful for the end-users who want their reports to be as information-rich and visually enticing as possible.
R is a language that is used extensively for graphics and statistical computing. For that, it is necessary to have R studio and necessary packages and libraries in place. R provides a robust platform for data visualization and analysis. In fact, with it, you can visualize data prior to the analysis.
Python is another programming language that can be used with Power BI. It is necessary to set up Python with the necessary libraries and packages in the system. Python, in fact, has been used for years for data visualization needs. However, it lacks robust chart generating options, which can be achieved by integrating it with Power BI.
It is hard to locate another BI and data visualization tool that is enriched with so many visual elements like Power BI. After you equip the dashboard with various visual elements and feel happy with the visual representation of data, you can publish it. Based on the version of Power BI you have, it is possible to share reports that can be seen only by other Power BI users and those who do not use the platform.
As it is, Power BI is laden with so many visual elements that using them in the right way can be tedious for some users. This may be tougher for those who are new to the platform. Listed here are some effective tips for extracting the most out of data visualization features in Power BI.
As you can see, Power BI is a powerful data visualization tool, and you can use many of its embedded visual elements to showcase your data effectively. However, it is also necessary that you pick the visual elements cautiously and evade overdoing things. You may also seek services of the Power BI development services for creating killer Power BI reports.