Top Reasons Why Power BI is the Dominant BI Tool

by Tech Addict Writer, Blogger

Microsoft Power BI, an advanced reporting tool, has been making a lot of buzz in the market of late. This is largely owing to its ability to empower businesses with in-depth and comprehensive insights into their operations and more.

What is Microsoft Power BI?

A business analytics solution that lets you visualize data and share insights across your organization, or embed them in the app or website. The solution comprises products & services with values and versatility by leveraging individual elements and taking advantage of how they work together.

Let’s take a closer look at some of the other benefits Power BI offers to modern businesses:

1. Accessibility: One of the biggest benefits Power BI brings to the table is unfettered accessibility: it can be used across a variety of devices and platforms such as Windows, iOS, Android, etc. Not only that — companies can also integrate the Power BI tool with their data services, cloud-based systems, etc. to ensure seamlessness across the board.

2. Visualization: Power BI is a truly feature-rich tool aimed at ensuring employees can quickly create engaging visualizations underpinned by business data. Such an ability to build high-quality data visualizations is crucial to the endeavor to enable a data-driven decision-making process. This, in turn, ensures the company can reliably make decisions in its best interests.

3. Interactive reporting: Data, while hugely useful to organizations, can often prove to be a tad tricky to understand, even when presented in the form of personalized and engaging reports. Power BI helps prevent that via the interactive reporting functionality wherein users can see data on one screen. Furthermore, this functionality also ensures any changes made to the data are instantly reflected in all reports based on the data in question.

4. Data analysis: Yet another huge benefit one gains with Power BI is the ability to collate all the company’s data from all possible sources. So, no matter if you have data stored in on-premise systems or the cloud, Power BI can collect data quickly and ensure authorized employees have seamless access to this data. This data, then, can be analyzed and used to achieve an all-encompassing view of the business.

5. Financial overview: Of course, a business intelligence tool can be used to achieve insights and reports in a world of different contexts. So, if you are looking to quickly get your hands on the company’s overall financial operations and status, Power BI can help with that as well. With just a few clicks and in a matter of seconds, one can use the Power BI tool to get an overview of the data sourced from a variety of sources and systems. So, if it is the company’s financial overview you need, Power BI can quickly put together all the financial data and that too in a single view.

There you have it ladies and gentlemen, some of the many, many ways in which the Microsoft Power BI tool can help organizations not make better sense of their data but also leverage it to drive substantially improved business results.

This nifty offering from the stables of Microsoft offers an abundance of advanced features that help employees build smart and avant-garde visualizations in service and pursuit of the company’s myriad business goals. What’s more, is that Power BI helps teams do so much and that too without involving complex processes. One can generate tailored reports with a simple, drag and drop functionality-based tool. So, if you too wish to leverage this mighty solution for your business, you ought to start looking for a trusted Power BI implementation partner ASAP.