Top 30 Reasons Why You Should Consider Power BI

Power BI is a comprehensive data and analytics tool that empowers users to transform their data into reporting that’s easy to understand, share, and deliver value back to the business. Power BI helps organizations better understand their data and make more informed decisions, without needing much knowledge or experience in the data, analytics, or coding. Here are three reasons to use Power BI as a business intelligence solution.

I first wrote this article back in Feb 2017 to be a definitive list of the top reasons why you should learn how to use Power BI in your organization (in case you haven’t already made the decision to do so). In fact there is only one thing that worries me about this list, and that is I think many people may be skeptical and think “this is too good to be true”. I believed this back in 2017, and now four years later (May 2021), nothing much has actually changed apart from the fact that my original bold statements have been ratified over time. First and foremost, Power BI is a Microsoft product, which means it integrates seamlessly with the company’s other products, such as Excel, Azure, and SharePoint. Today, millions of businesses of all sizes throughout the world use Microsoft products.

It transforms one of your most valuable raw assets – your data – into rich visuals and analytics – that is easy to consume. Dataquest teaches through challenging exercises and projects instead of video lectures. It’s the most effective way to learn the skills you need to build your data career. It’s secure, it integrates a lot of tech in one convenient place, and it’s easy to implement.

Analyzing data from current performance to historical data, to benchmark goals and increase productivity. If you run a small business, especially in times like these, you might think that implementing BI for your business would come at great financial cost and therefore be perhaps a luxury that isn’t worth the investment. Erickson Living partnered with Rainmaker to overhaul their inventory management system through Salesforce. Their processes for pricing apartments and deposits was manual and outdated.

Reasons to Start Using BI

Modern business intelligence (BI) is a digital-era concept, but the term itself has been around for decades. First incepted by IBM researcher Hans Puter Luhn, who wrote A Business Intelligence System in 1958, the definition of BI has evolved along with the business world and technology tools it uses. You can simplify and streamline data ingestion by using a cloud-based ETL service like Stitch that automates the process of connecting to and extracting data from sources and loading the data into your destination. From there you can use Power BI to perform the in-depth analysis you need.

  • These updates may include enhancements to existing features, new visualizations, improvements in performance and security, bug fixes, and integrations with other Microsoft services.
  • It’s usually safe to start nonhormonal or hormonal birth control after a successful medication or procedural abortion.
  • Since its public launch in 2009, Bitcoin has risen dramatically in value.
  • First incepted by IBM researcher Hans Puter Luhn, who wrote A Business Intelligence System in 1958, the definition of BI has evolved along with the business world and technology tools it uses.
  • When done successfully, employees at all levels are data-informed and capable of using it to gain insights, be strategic, and make smart business decisions on behalf of the company.

Power BI’s native integration with Excel is a great option if you have had difficulty getting users in your business to use a new tool. Power BI makes it easy to combine your data into one place for better accessibility, organization, and visibility in your reporting efforts. If you currently use another business intelligence solution we can easily assist you to transition to Microsoft Power BI and get all the advantage of the industry-leading business intelligence application.

And don’t underestimate the value in having ad hoc analysis and enterprise analysis capability shared and using the same underlying technology – everyone benefits from this. Most of the major data sources already have connectors built and deployed in production. There is also a “catch-all” ODBC database connector and there are new (less main stream) connectors being developed all the time. In addition there are many cloud based connectors that allow users to easily connect to cloud content like Google Analytics,, and lots more online software service providers. Combined with Microsoft’s cloud-based services, such as Azure Analysis Services and Azure Synapse Analytics, Power BI provides scalable solutions for data storage, processing, and analytics in the cloud.

Reasons to Start Using BI

The intuitiveness, easy-to-use interface, and advanced capabilities make it a great way to get analytic insights fast and helps leaders make data-informed decisions. It’s also great for users who are just beginning their data and analytics journey and can join an environment with a community of resources, experts, and peers eager to help. Essentially, Microsoft Power BI is a collection of software services, apps, and connectors that work together to turn your unrelated sources of data into coherent, visually immersive, and interactive insights. You can connect it to any kind of data source and build powerful data visualizations. Users can leverage natural language queries to generate visualizations or use the drag-and-drop interface to design custom dashboards with visually appealing graphics.

Not only is Bitcoin (BTC) the first cryptocurrency, but it’s also the best known of the more than 19,000 cryptocurrencies in existence today. Financial media eagerly covers each new dramatic high and stomach-churning decline, making Bitcoin an inescapable part of the landscape. The price will depend on the current market value, which can fluctuate significantly from day to day. Like many other assets, Bitcoin can be bought and sold using fiat currencies such as the U.S. dollar.

Reasons to Start Using BI

One of the biggest reasons why more and more people are switching over to Power BI is its ease of use. You don’t need to be a brilliant data professional to start grasping how Power BI works. All your data is automatically refreshed, and available 24/7 on all Power BI platforms (Power Query, Power Pivot, Power View & Map, Power BI Desktop) for agile, rapid decision-making. When you choose a Microsoft cloud business intelligence solution, you’re choosing a long-term solution. And it can do all of that even when you’re working with very large datasets — hundreds of thousands of rows, or even more.

If you’re like many people today, you don’t use cash very often and never physically see the money in your checking account. Instead, you use credit and debit cards with security numbers, which act as tools to access and use your money. You access your bitcoin using a wallet and the keys you’re given when you receive it. A common question from those new to Bitcoin is, “I’ve purchased a bitcoin, now where is it?” The easiest way to understand this is to think about the Bitcoin blockchain as a community bank that stores everyone’s funds.

Its support for R, an Open-Source Programming Language (currently over 7,000 packages), is one way it does this. There are many rich and complex visuals available to you from Microsoft as well as the community at the AppSource Marketplace. These include bullet graphs and correlation plots, decision trees, heatmaps and sparklines. If you have Power BI already, we have Microsoft Certified Trainers who can assist your users to get the maximum use from your investment. If you want to work with big data but prefer to have a GUI rather than writing code, Power BI is arguably the best tool for the job. For example, once you get the hang of it, creating complex visualizations in Power BI is a snap, and you’ll be able to do it much faster than you could in Excel.

You can start off with basic tutorials that deal with smaller data sets and then eventually progress to more complicated calculations using big data. In fact, this is the same reason why our courses in the Enterprise DNA Learning Platform are patterned in such a way that members can start their Power BI journey with us based on their current skill level. One of the biggest skills data professionals should have is the ability not only to assess big data but to present them in a clear manner.

Each of these visuals has its own customization options to enhance presentation and functionality. Power BI can also combine multiple files (such as Excel spreadsheets) into one report that allows you to analyze and code the merged data. Power BI’s easy-to-use interface allows you to import data quickly and efficiently.

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