As your business grows, it can be challenging to manage data generated regularly, which can be a stumbling block if you want to harness your business data to drive accurate decision-making. Again, biased reporting structures lead to a situation whereby decisions are made based on partially accurate data. That is why you need to embrace business intelligence solutions to effectively analyze data for enhanced decision-making.
Power BI is an effective data analytics tool from Microsoft that allows businesses to quickly analyze and visualize their enterprise data to transform their operations. Furthermore, it’s a cloud-based system that doesn’t need infrastructure support or capital expenditure, no matter how small or big the business is. Here are some fantastic benefits of Power BI for your business.
Boosts your organization’s productivity
Business intelligence gathers all the organization’s data in one location and models it for a better decision support tool. It uses these four steps to boost productivity:
- Information gathering centralizes all the database results.
- Integration leads to consistency and structures the data aggregate.
- Reporting offers an easy-to-understand view for those who have the right to access the company’s data.
- The return makes the information easy to understand and sharable to all.
When using power BI, the four steps mentioned above are seamless and automatic.
It is user friendly
Power BI employs rich, personalized data dashboards that are customizable to meet the needs of any business. Whether one is a manager or an analyst, it is easy to access the details, and every user can customize the analysis of the results to their individual needs based on their role. That means you don need to do any data segmentation because the business intelligence has already done it, enabling teams to work independently and promote data exchange between different departments.
Availability of numerous applications
Using Power BI is advantageous because several applications are available to help you get the best out of it. You can work with complementary applications to boost data access. That means you can process data within the business intelligence data software and from outside sources via the Power BI complimentary applications. They include apps such as office 365, Azure, Excel, and Microsoft cloud app security.
It is accessible from anywhere
You can access Power BI from any location hence an ideal option for businesses with several locations and mobile teams. For instance, an engineer on the site can access data from their phone, an analyst can access the dashboard from their desktop, and a manager can access a graphical representation during a meeting using their tablet. The simplicity and ease of use of power BI save time for agile teams.
A thriving power BI community
If you implement the use of power BI, you are not alone. There is a robust community willing to help you. First off, Microsoft does not ignore any customer with questions on Power BI, and secondly, there are many resources on the internet to use your research. The power BI community features thousands of dedicated users who exchange tips about the platform.
Business intelligence is key for a business to be competitive, agile, and effective. The implementation of power BI is rapid, trouble-free, and offers a wide range of benefits to your business.
Interesting related article: “What is Productivity?“