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New technologies are part of every stage of our development. With them comes a really large amount of data, which gives us the opportunity to gain a deeper insight into the behaviour of customers and the industry in which we operate, as a whole. Research shows that 90 per cent of the world's data has been generated over the past two years. Therefore, all entrepreneurs who are serious about the development of their businesses should implement business intelligence practices to fully exploit their data resources. This also applies to banks and financial institutions.

Power BI is a set of on-premise and cloud-based data analysis tools that allow you to visualise and analyse data across your organisation intuitively. Data is available in one place, and thanks to Power BI Mobile, it is also used from mobile devices. What benefits will you gain by implementing Microsoft Power BI?

Universal access to data makes it more and more essential to analyse and transform it into valuable business information. It is crucial to know, however, that this process is not only about aggregating data and presenting individual numbers in columns. This requires a much more in-depth approach, thanks to which almost all areas of the company's operations will receive a solid dose of knowledge based on the pillars of the conducted analyses. In such a managed company, it is difficult to make mistakes or omissions. Can your company also use Microsoft Power BI?

Each company generates vast amounts of data daily. They come from many sources, and unfortunately, without their proper segmentation, concluding is much more difficult. However, with the development of new technologies, reliable data analysis is much easier. Tools such as Microsoft Power BI effectively support entrepreneurs in transforming raw data into valuable business information.

At the Microsoft Ignite 2021 conference, it was announced that Power BI Premium per user would be available from April 2, 2021, for $20 per month. This price is very competitive compared to commercially available solutions and will give business analysts a whole new suite of capabilities that were previously only available to professional data engineers. 

Can you imagine a situation where a company loses an important contract or a large amount of money due to incorrect data analysis? Although apparently, such events seem unlikely, in practice, it turns out that mistakes in data reading, its correct compilation or concluding often cause problems for entrepreneurs. Fortunately, with advanced business analysis tools such as Microsoft Power BI, the risk of mistakes is minimised to virtually zero.

For the 14th time, Microsoft is the leader in Gartner's Magic Quadrant 2021 report for analytics and business intelligence platforms. Notably, the company's lead over its competitors Tableau and Qlik is becoming increasingly apparent. Where does this trend come from? How did the Power BI system fare in the experts' opinion, and why is it being implemented more often?

The basis for making the right business decisions is to have up-to-date information about all processes taking place in the enterprise. The data allow understanding the changes taking place in the company and their impact on particular departments. In turn, limited access to relevant information means stagnation in the development of the organization. What can we do to avoid such situations?