Power BI is a collection of online resources and tools that allow you to access, view and collude on data relevant to your organization. Power BI can be activated through the Office 365 portal and is available for free or as Pro version (stand-alone). The pro edition is also part of the Office 365 E5 package.
Also called Power BI online less often than not, Power BI service usually entails to the Software as a Service aka SaaS part of the Power BI kit. It’s available either as Power BI Premium or Power BI Pro and hosted by Microsoft on high security and cutting edge cloud platform.
Here are the top 5 benefits of Power BI that you might leverage by incorporating it into your business.
Extensive Insights and Easy to Follow
Power BI services enable you to understand and display visual reports as comprehensive or as minimalist as you may like. A Power BI professional can right-click a data point and select an analysis option for instantaneous explanations of declines or fluctuations in the data charts. The programme uses specialized ML algorithms to test user-selected data and produce an automated smart evaluation.
The findings can be examined in a window and are characterized by a simple visualization, such as a scatter, ribbon, or waterfall chart, alongside informative description that illustrates all the groups responsible for the data shifts.
Combine Extensive Datasets into One Dashboard
Power BI provides a standard drag-and-drop dashboard that can be used for quickly exchanging ideas when you’re trying to work together through different devices— and remotely, in particular.
Power KPI shows the key performance measures and related data in a single Power BI dashboard, providing greater control over visualization appearances and the concepts behind these metrics.
Manage Azure Databases with Enhanced Precision
Power BI provides a solution prototype known as Azure Activity Log that you can leverage to generate informative reports on your Azure Activity with details stretching over the span of the last three months. So, you’ll be able to detect server faults and usage trends along with maintenance and shutdowns in a single dashboard as long as your Azure membership stays live.
Incorporated with exceptional computational resources of NLP, Power BI services provide a neat function called Questions and Answers. It lets you type a human-understood data-specific query to which the program responds with insightful and fast visualizations.
If you ensure that the data is well structured, you can obtain quicker responses and substantially more detailed insights with Power BI Q&A as opposed to going the manual way.
Researching through past, present, and future
Power BI comes configured with the prediction model for the automatic detection of seasonal volatility and the approaching reporting duration in years, months and weeks. It uses ML or data mining statistical models to analyze historical knowledge and to infer predictive scenarios. Projections are provided in graphical representation for a clearer understanding of the Power BI analyst or anyone who examines them.
Addend Analytics is a Microsoft Power BI-partner based in Mumbai, India. Apart from being authorized for Power BI implementations, Addend has successfully executed Power BI projects for 100+ clients across sectors like Financial Services, Banking, Insurance, Retail, Sales, Manufacturing, Real estate, Logistics and Healthcare in countries like US, Europe, Switzerland, and Australia. Get a free consultation now by emailing us at [email protected].