Today, data analysis plays a vital role in companies’ daily functioning and development. With the help of modern Business Intelligence tools, such as Microsoft Power BI, aggregating, segmenting and visualising data becomes much simpler and accessible to virtually all employees. If you’re wondering whether Power BI is right for your company, here are 5 reasons why it’s worth implementing.
1. Fast Power BI implementation process
Configuring Microsoft Power BI is relatively simple and does not take much time. The included dashboards for services such as Salesforce, Google Analytics, or Microsoft Dynamics allow you to extract information from the analysed data quickly. Notably, the architecture of the Power BI system consists of:
- desktop application (Power BI Desktop) – is used to process data, create reports, and visually present data. In conjunction with Power BI Pro, it enables sharing of built projects with team members and others so that decisions are based on facts, not guesswork;
- cloud application (Power BI Service) – enabling the construction of reports and sharing between users. It is a version of the program available in the cloud, which allows you to download data and work on them without the need to install software;
- mobile application (Power BI App / Mobile) – ensuring comfortable viewing and interaction with data in any place and time. It is a version of the programme designed for phones and tablets.
2. Cost reduction
Companies that have already decided to implement Power BI admit that it has led to a significant reduction in costs in their organisation. This is possible because, with the help of modern systems for data analysis, the entire analysis process runs much more efficiently and can also be performed by employees who do not have much technical knowledge. As a result, faster, more accurate, and more comprehensive access to information means better business decisions. This, in turn, translates directly into stable company development and increased revenues. Equally important, Microsoft Power BI is scalable – from individuals to the entire organisation.
3. Improved data distribution and sharing
Once the system is deployed, instead of sending large files via email or putting them on a shared drive, reports and visualisations are shared with Microsoft Power BI. In addition, all aggregated data is refreshed each time the underlying dataset is updated. Therefore, people using the system have constant access to critical data and can monitor the effects of their work on an ongoing basis.
4. Data security in Microsoft Power BI
Industry-leading security features protect all data processed with Microsoft Power BI. These include end-to-end encryption and real-time access monitoring. In addition, data protection is ensured regardless of the size of your database, the source of the data, the number of people involved in the analysis process, the location of the company or the number of partners with whom analysis results are shared.
5. Intuitive and user-friendly Power BI interface
The Microsoft Power BI interface was created primarily with the end-users in mind. The service provides access to advanced models that simplify creating interactive reports. What is important, users can generate queries in natural language and use the “drag and drop” functionality. Thanks to Microsoft Power BI, the problem of waiting for the IT department’s results every time we need to extract the necessary information from the aggregated data disappears.