Power BI
WHAT IS POWER BI IN BUSINESS ANALYTICS
Power BI is a business analytics service by Microsoft that provides interactive visualizations and business intelligence capabilities with an interface simple enough for end-users to create their own reports and dashboards. It is a powerful tool that enables businesses to transform their data into meaningful insights, helping them to make informed decisions based on accurate and timely information.
BENEFITS OF POWER BI
Easy Data Integration
Power BI allows users to easily access various data sources, including cloud services, databases, and Excel files. This application lets you consolidate your data from different sources and analyse it centrally.
Real-time Analytics
You and your business can track data in real-time and decide according to the most current data.
Data Modelling
Using Power BI's powerful data modelling features, you can connect across multiple datasets, integrate and manipulate data, and develop calculated columns and metrics to improve data accuracy and consistency. Also, it will enable improved decision-making.
IMPORTANCE OF POWER BI
Power BI is an important tool for businesses that want to leverage their data to gain insights, make informed decisions, and drive growth. It helps to visualize data, integrate data, provide real-time analytics, is cost-effective, and has strong collaboration features, enabling users to share and collaborate on reports and dashboards with colleagues and stakeholders, both inside and outside the organization.