Microsoft Power BI – Is It Time to Ditch Excel?

Microsoft Excel has been THE tool to use when it comes to spreadsheets and data organisation for decades. And still, even in 2022, companies are using its powerful features for anything numbers or data-related.

However, the “don’t fix it if it ain’t broke” attitude isn’t always optimal when it comes to business. While Excel is reliable and does the job, there are more powerful business intelligence tools that can help you utilise data in a better way. What’s more, even Microsoft knows this, which is why they introduced Power BI as a worthy Excel successor.

Power BI – built with a pedigree

Microsoft has again received an award from Gartner for its analytics and business intelligence platforms, making it 14 consecutive years. But, over the last seven years, one of the primary reasons why Microsoft keeps winning the award is Power BI.

This sophisticated tool is an excellent option for businesses of any size. Nestle trusts it to analyse its data collected from all over the world. But, just like with Excel, even small businesses can rely on it and improve their daily operations.

How SMBs benefit from Power BI

One of the key benefits Power BI offers is answering natural language questions with easy-to-understand data visualisations. If you set it up the right way, Power BI will collect data from several sources and process them simultaneously. This will mean your team members will be able to ask it questions and get data-driven answers in a matter of minutes.

What this will do is eliminate guesswork and improve decision making all across your organisation. But, what’s most important, because Power BI is simple to use, your team will utilise it for basically any data-related decision, not only for the biggest ones. In other words, Power BI will improve the decision making overall, both for big and small decisions.

While it’s true that you can use Excel to process data from several sources, making that happen is easier said than done. More often than not, you are forced to work with third-party Excel consultants to set up the complex formulas for you. That complicates things significantly and limits your options, not to mention that you will have to rely on individuals outside of your organisation and give them access to your confident data.

Introducing your team to Power BI

Power BI is a part of the Microsoft Office 365 ecosystem, and as such, it won’t feel unfamiliar to most users, especially those who are well versed in Excel. However, it still has many unique features that your whole team needs to master before you get the full benefit of this robust platform.

For that reason, it’s best to leave Microsoft Power BI training to professionals. Data Bear has rich experience working with companies like yours all across the UK. As a Microsoft Gold Partner in Data Analytics, Data Bear invests a lot in maintaining the reputation as one of the best business intelligence solution providers in the country. Don’t hesitate to contact us and dive into the data-driven future today!

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