- Improved decision-making: Users can access and visualize a large amount of data in different formats, quickly and easily, which can help them make better decisions.
- Increased efficiency: Power BI’s drag-and-drop interface and pre-built templates make it easy for users to create and share reports and dashboards, which can save time and increase efficiency.
- Better collaboration: Multiple users can access and collaborate and modify reports to add new data and update dashboards for more accurate and current insights. This makes it easier and faster for teams and individuals working on the same project to combine their data, measure the results, and share them with each other and with senior managers.
Power BI, offered as part of the Power Platform suite by Microsoft, is a business intelligence tool for enterprises. It can turn large amounts of raw data into visual insights using representation formats such as charts, graphs, and diagrams compiled together on dashboards. It is easy to implement and provides valuable visual insights that can help organizations improve their operations and performance.
Its ease-of-use sets Power BI apart from most other business intelligence tools. The tool is designed for non-technical users, so anyone can easily create and share interactive reports and dashboards. The drag-and-drop interface allows users to upload different data file formats and create data visualizations as self-sustained reports or to use the visualized data in reports. This means that even those without technical skills such as coding or building analytics models can gain insights from their data, which can help to democratize data and its application towards improving business process efficiency and outcomes within the organization.
Benefits of Power BI
Power BI’s multi-level customization capabilities allow organizations to apply it for various operational use cases. The tool includes a wide range of built-in visualizations and data connectors, but organizations can also create custom visualizations and connectors. Additionally, the tool includes a developer API that allows developers to write their own code and create custom reports and dashboards, which can help to further customize the tool to perform much deeper analyses per the specific needs of the organization. Some benefits of Power BI for enterprises include: