Power BI and Tableau are two popular systems for data analysis. Both tools differ in terms of functionality and appearance. Which one to choose?
Making important business decisions based solely on intuition is a considerable risk. There is a reason why growing companies, regardless of their line of business, are using intelligent business data analysis. It provides them with insight into detailed information helpful in making strategic moves for the organization. BI (business intelligence) tools analyse historical and current data and then present the analysis results in an intuitive and attractive visual form.
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?
Many companies do not feel a problem in the lack of data, let alone in the correct analysis of data. In reality, however, this results in difficulties in making the right business decisions. Those who are aware of this are one step ahead of the competition. How should data be analysed to support the development of our company?
Microsoft Power BI is a popular business intelligence tool that allows you to intuitively analyse data and visualise it in the form of interactive reports. However, how does the data refresh itself work within this service and does it allow you to automate this process?
You collect and analyse data, so you need a powerful business intelligence tool that will streamline your work and help you develop clear reports. One such tool is Microsoft Power BI. See why it is better than other software in this class.
Aggregation and analysis of data are factors that provide very high value for enterprises. Thanks to them, it is possible to reduce company expenses by optimizing operating costs (49.2%), as well as creating new innovation paths (44.3%) or further product development (36.1%). What’s more, as many as 69.4% of respondents confirmed that market trends and opportunities offered by new technologies encouraged them to create an organizational culture based on data analysis. The results of this study are not surprising. Big Data, data analysis, AI, machine learning – all these issues are the future of enterprises that want to gain a competitive advantage in the market. How can you use this potential in your company?
Today, Business Intelligence should be treated as an antidote to the flood of large amounts of data. None of the companies will benefit from having data if they are not able to draw valuable business information from it. Read more on our blog!
Are you interested in analysing data and possibilities offered by business intelligence? Nowadays, these are the key elements that allow companies to make the right business decisions. However, as you move on to the next level of organization management, it is becoming more and more difficult to analyse huge amounts of collected data. This is why business analytics systems such as Microsoft Power BI are being developed. This tool allows you to easily analyse the collected information and visualize it in a transparent way. In this article we present the best sources (podcasts, YouTube channels) of Power BI knowledge to help you learn more about its capabilities.
Contrary to stereotypes, the work of a business analyst is not just typing numbers into a spreadsheet. Instead, working in this position requires knowledge of many aspects of business operations, advanced problem identification skills and creativity in solving them.
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