What is Microsoft Power BI?
Power BI is Microsoft’s entire suite of analytics tools that help businesses visualise data, create reports and share insights with individual team members or contractors. It is a powerful tool that can help you make better business decisions by analysing company data from multiple sources in one place. With Microsoft Power BI, you can create interactive visualisations such as charts, graphs, and maps to quickly understand trends and connections and develop robust and interactive reports. Importantly, you do not need technical expertise to use Power BI, and many features are available in a drag-and-drop model. With Power BI, you can take control of your data and use it to grow your business.
5 steps to implement Microsoft Power BI
Implementing business data analytics tools like Microsoft Power BI in your company is a great way to convert complex data into understandable and useful information. Here are the five steps you need to follow to implement Power BI and start benefiting from modern analytics:
- Identify the data sources you have
To begin with, identify the data sources you want to use in Power BI and make sure they apply to all possible systems in your company. It is worth knowing that Microsoft Power BI allows you to connect to various data sources, including Excel, SQL Server, CRM systems, social media, and cloud-based data sources such as Azure and Google Analytics or others.
- Set up a data model
In the next step, set up an account in the Power BI service and create the data model that will be used to represent the data in Power BI. This includes, for example, steps such as defining tables, columns, relationships, and measures.
- Create visualisations
Once connected to the data, you can create a report by dragging and dropping selected fields in the report. You can also use the visualisation dashboard to add charts, tables, and other visualisations to make your data more readable and help you make business decisions.
- Sharing your dashboard
In Power BI, you can also share your dashboard with others so they can access and interact with your data. Power BI allows you to share your report with colleagues and business partners by publishing it online or sharing it with specific people. You can also share multiple reports simultaneously to speed up analysis.
- Monitor and analyse your data
Microsoft Power BI can also be used to monitor and analyse your data over time. This will help you identify trends and make more informed decisions. Remember that you can also set up a Q&A session and ask natural language questions about your data.
By following these five steps, you can quickly and easily implement Microsoft Power BI in your business or organisation and start making sense of your data.
What benefits will you achieve by implementing Power BI in your company?
Implementing a modern business data analysis system in your company is an investment. But, like any other, it should also be profitable. There are many benefits to be gained with Microsoft Power, the key ones being:
- Improved business decisions: Power BI makes it easy to aggregate, segment, and analyse data for more effective business decision-making.
- Enhanced levels of work efficiency: Microsoft Power BI allows reporting and data processing automation, significantly reducing the time required for data preparation and analysis.
- Improved communication: data analysis in Power BI allows for the easy creation and sharing of interactive visualisations and reports, which facilitates communication and interpretation of analysis results between different departments inside and outside the organisation.
- Saving time and money: Automation of reporting and data analysis saves time and money that can be spent on other business activities.
- Integration with other tools: the tools provided within Microsoft Power BI are easily integrated with other tools and applications, allowing you to get even more out of your data analysis and manage your processes more efficiently.
Power BI implementation – hire the experts!
If you want to implement Microsoft Power BI in your company, please get in touch with us! As a Microsoft Gold Partner, we will identify the key fields of operation, adapt Power BI functionalities to the real needs of your business, implement the system and train your team. This way, you will gain access to a ready-made analytical tool that will immediately support your company and its stable development.