Why Power BI Is An Ideal Business Intelligence Solution

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There are good things, bad things, challenges, and complications with each business market. Customers are varied across all industries, each with their own set goals, plans, and budgets. This is why there is a wide plethora of marketing tactics and sales adapted by businesses, depending on the services and/or products at hand.

Business Intelligence

A lot of data is generated by systems in business, coming to terabytes, petabytes, and even exabytes in size! All of that data undergoes an analysis (typically by IT services of the business dedicated to this) which is used by these businesses to make informed decisions. There is a name to that whole process: Business Intelligence, or BI. The failure or success of a company can rely entirely on decisions made with business intelligence as a key factor.

BI is a technology that’s becoming more and more dominant globally across all business industries. These services are becoming precious tech solutions for businesses, and they have a great ability to diversify. One of the best things about it is the way it allows for a surefire personalized experience to be delivered to the customer base. One key technology is Power BI, which is able to assist with complicated business decisions and make things simpler.

Power BI

Microsoft is the provider of a new cloud-based Business Intelligence: Power BI. This runs on the strength of their experience in databases that are relational: SQL, Access, and more. Through this business intelligence platform, businesses are able to clean data and completely transform it into data that’s actually meaningful. Aside from thorough data analysis, powerful insights are also shared.

Read on to find out why Power BI is an ideal business intelligence solution:

Convenient Collaboration

When Power BI is at play, options being collaborated has never been easier to achieve. Co-workers can collaborate in order for interactive reports to get made. It’s possible for the sure to compile reports and even dashboards into apps, allowing for publication to a wider audience. Additionally, the report can be printed and exported in PowerPoint Presentation form as needed.

Convenient Use

One of the easiest interfaces to use is Power BI, partly because of how simple it is. There is no need to have any experience in programming for it to be used. There is an inbuilt intelligence to it which assists in the selection of attributes best used in reports. In that way, the best possible elements for reporting will be suggested.

Cost Effective

Power BI has pro licenses whose range is within the affordable end of the spectrum (around $10 a month). That said, Power BI desktop is actually free; dashboards and reports can be developed by the user. When there’s a larger audience at hand, there is also a premium option for Power BI that can be explored.

Conclusion

Business solutions vary depending on the need of the company or organization and what product or service they have. A tech solution that’s been growing in popularity worldwide is Business Intelligence or BI. Power BI is a cloud-based Business Intelligence solution from Microsoft that is cost effective, convenient to use, and makes collaboration convenient.

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