So far, we have had an overview of the Power Platform and a deep dive into Power Apps and Power Automate. In this sequel, let us take a closer look at Power BI module.
Introducing Power BI
Power BI is a powerful tool that allows organizations to visualize and analyze their data in a more efficient and effective manner. It provides real-time insights into key metrics and helps decision-makers to make more informed decisions. Key capabilities of Power BI are:
- Get self-service analytics at enterprise scale allowing users to create interactive dashboards and reports that can be accessed from anywhere and on any device. It can connect to a wide variety of data sources, both on-premises and in the cloud.
- Use smart tools for strong results with a wide range of visualizations and customization options and built-in AI capabilities, tight Excel integration and pre-built and custom data connectors, enabling users to create stunning visualizations that effectively communicate insights.
- Help protect your analytics data with industry-leading data security capabilities including sensitivity labeling, end-to-end encryption, and real-time access monitoring.
Advantages of Power BI
- Power BI is a low-cost and easy-to-use business analytics tool that doesn’t require extensive IT support.
- It offers real-time insights into key metrics, allowing decision-makers to make more informed decisions.
- It enables users to create stunning visualizations that effectively communicate insights to stakeholders.
- It provides a secure and reliable platform for sharing and collaborating on data.
How Power BI is being used
Heathrow Airport monitors passenger flows and optimizes staffing levels resulting in a better passenger experience and increased operational efficiency.
Carlsberg optimizes their sales process resulting in a 10% increase in sales productivity.
Adani Electricity Mumbai Limited creates real-time dashboards and reports for their executive leadership team, enabling them to monitor and analyze critical business metrics in real-time; with a 20% reduction in operational expenses.
Jindal Steel and Power Limited creates a centralized business intelligence platform that provided real-time data insights across multiple business functions. With Power BI, JSPL was able to reduce the time required to generate reports by 75%, resulting in increased efficiency and faster decision-making.
Bajaj Electricals Limited increases their sales conversion rate by 25% by consolidating and analyzing data from various sources, such as SAP and Salesforce, and createing interactive dashboards for their sales and marketing teams.
Dos and Dont’s
- Do ensure that your data is clean and well-organized before connecting it to Power BI.
- Do choose the appropriate visualizations to effectively communicate insights.
- Don’t overwhelm your audience with too many visualizations or complex data.
- Don’t neglect data security and compliance regulations.
Considerations for Selecting the Right Implementation Partner
Look for a partner with extensive experience in Power BI implementation and customization.
Choose a partner who understands your business needs and can provide tailored solutions.
Ensure that your partner can provide ongoing support and training to your team.
How Prosares can help
Prosares is Microsoft Certified partner with more than 20 years of experience of creating and implementing business applications with high usability, high performance, and high effectiveness. Prosares can be your go-to partner for all your business application requirements.
Contact us today to learn more about how Power Platform can help your business achieve its goals.