Power BI: The Business Intelligence Tool That′s Revolutionising The Way We Work!
What is Power BI and why you need it??
In today's data-driven world, businesses are constantly seeking ways to extract actionable insights from their vast data sources. Enter Power BI - the business intelligence tool that is transforming the way organizations work. In this blog, we will explore what ZILLIONe experts delved into at the recent webinar on why you need Power BI and how it can revolutionize your business intelligence landscape.??
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Why Choose Power BI??
?Power BI is the leader in analytics and BI platforms for several reasons:?
?Power BI offers seamless compatibility with a range of Microsoft applications, including Teams, Excel, Azure, SharePoint, and PowerPoint, among others. It promotes collaboration by enabling easy sharing of insights throughout the organization and integration into apps and websites. With a strong focus on data protection, Power BI provides a secure foundation for businesses. It boasts versatility in data sources, connecting to both cloud-based and on-premises repositories. Users enjoy accessibility across mobile, web, and desktop applications. Additionally, Power BI's integration with Excel allows for the dynamic utilization of live data within spreadsheets, enhancing data-driven decision-making.?
?Power BI expedites decision-making through collaboration, distribution of interactive reports, and sharing insights with stakeholders inside and outside the organization. It offers support in multiple languages and a mobile app for on-the-go decision-making.?
?Power BI enables the creation of reusable logic, persistent data storage, and a sole source of truth. It enhances security around data sources and efficiently handles large datasets.?
Leveraging AI, Power BI assists in data extraction and transformation, making data handling smarter and more efficient. AI does also assist users of Power BI in generating predictive analytics, forecast and smart narratives, as well as the use of Generative AI as Power BI can even understand acronyms or other business jargon to help get to insights faster and get decisions made with confidence.?
Power BI will be taking a huge leap in leveraging AI to give its users an enhanced experience with the launch of Microsoft Copilot. The future of BI will be encapsulated with the functionality and services of Copilot which will enable the users to even create a dashboard without any technical expertise, using the simplest prompts and commands.
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Understanding Power BI?
?Power BI, beyond being a mere tool, is a comprehensive solution which enables organizations to harness the full potential of years and years of data captured within the systems and applications they would use. Having the possibility of connecting to multiple data sources with ease, Power BI is the perfect tool to introduce actionable insights on the fly to enhance an organization’s decision-making process irrespective of the size of the company.??
Microsoft Fabric is a new data analytics platform from Microsoft that combines a wide variety of data-related services and functionalities in a single piece of software, including data engineering, data science, real-time analytics, and Business Intelligence (Power BI).??
There are several ways to link Microsoft Fabric with Power BI:?
To link Microsoft Fabric with Power BI, users need to have a Power BI Premium account. Once they have a Power BI Premium account, they can enable Fabric for their tenant in the Power BI admin portal.?
This platform guides organizations through their data journey, from collecting diverse data sources to delivering insightful visualizations and incorporating predictive and AI (Artificial Intelligence) analytics. The advantages are immense, including improved operational efficiencies, enhanced customer understanding, enriched risk management, increased revenue, and a competitive edge.??
As mentioned previously Power BI follows a structured BI process that involves combining data from multiple sources, organizing it into analytics data models, automating data mining, visualizing findings through reports and dashboards, and empowering executives to make informed decisions.?
Key Functionalities of Power BI?
Power BI's core functionalities include ETL (Extract, Transform, Load) with Power Query, DAX, and visualization capabilities. It simplifies data analysis with smart narratives, alerts, and export to PowerPoint. Users can easily share, collaborate, and access reports via various channels, including web embedding and Power BI apps. Integration with Microsoft Teams further enhances communication and collaboration.?
Choosing the Right Licensing?
Lastly, ZILLIONe addressed the importance of selecting the right Power BI licensing plan tailored to your organization's needs. With different plans available, ranging from free desktop versions to enterprise-level solutions, it is crucial to align your choice with your specific requirements and budget.?
ZILLIONe offers top-notch Power BI consulting and strategy services, ensuring that organizations can effectively visualize and analyze their data for informed decision-making. ZILLIONe′s expertise extends to the realms of artificial intelligence and machine learning, where innovative solutions to help businesses leverage the potential of AI-driven insights are provided. Additionally, ZILLIONe is a trusted partner for crafting robust data strategies and implementing governance measures, ensuring that data is handled efficiently, securely, and in compliance with regulations.
When it comes to choosing the right partner to unlock the full potential of Microsoft Power BI, ZILLIONe stands as an obvious choice. With over 40 years of experience in the IT (Information Technology) industry, we have garnered a wealth of expertise that is second to none. Our extensive clientele, spanning over 700 organizations across 25 diverse industries, and our presence in eight countries, including Sri Lanka, Maldives, Australia, Fiji Islands, and Singapore, speaks volumes about our global reach and trusted solutions.?
Do not miss the opportunity to gain a competitive edge in today's dynamic business landscape. Contact ZILLIONe today for a free consultation and let us leverage our four decades of industry experience and extensive client base to empower your organization with the limitless possibilities of Power BI. Your data-driven success story begins with us!?