What is Power BI? What are the basics needed for using Power BI?

What is Power BI? 

Power BI is a powerful cloud-based business analytics tool to visualize intelligent data collected from various sources within the organization. It helps to create personalized and interactive dashboards and gives deeper insights into reports & analyses. Enterprises who avail of Power BI services can quickly and effortlessly create their reports and customize their dashboards as per their specific needs. 

Designed for start-ups to SMBs, Power BI enables brands to easily connect & model the data leveraging AI (Artificial Intelligence) according to the specific needs and visualize the same for easy to understand and personalized reports. End users can easily utilize such intelligent data in terms of analysing, sharing, and promoting accurate insights throughout the organization while maintaining data security and consistency. 

 

How does Power BI Works? 

Power BI equips businesses with visualized data and actionable insights to make strategic and informed decisions quickly. It enables users to have data on sales revenue, marketing activities or performance, customer engagements, order status or inventory levels, warehousing & production metrics, staffing levels, costs, and other KPIs. 

Considering the above-mentioned data, Power BI’s visualization makes it easy to understand the story behind every process and data; and eases things for everyone in the organization to make effective use of such visually compelling data. Leveraging such visualized analytics and reports help businesses to understand where to improve, how to sustain things in the organization, and steps to be taken to eventually improve business outcomes. 

By integrating Microsoft Power BI with other Microsoft applications including Office 365, Dynamics 365, etc., makes data more consistent and valuable. It ensures effective data distribution through automated data synchronization when integrated with almost all the popular third-party applications including Google Analytics, Salesforce, and more. 

 

Now let’s have an overview of basic skills needed for using MS Power BI 

Microsoft Power BI is a quite simple and easy-to-use tool. It would be a fruitful deal for those who are well-versed with advanced Microsoft Excel features. Since, Power BI is built to understand what exactly is happening in your organization in the form of charts, maps, and other visualizations using any device from anywhere. On the behalf of such metrics, users like business managers, marketing people, and sales individuals, etc., can make vital yet productive decisions. 

 

New users need to be aware of three basic things to start using Power BI: 

·        Reports & Analytics 

·        Custom Dashboards 

·        Datasets 

Reports can be created using datasets in different visualizations whether in charts, maps, and other graphics for different operational practices. These reports can be imported to dashboards and can be accessed seamlessly from there. When it comes to accessing the reports, you will have two viewing options – reading view or editing view.  

 

Read More: Free Power BI Webinar

 

Dashboard is considered a single-view source for your entire operational activities. It comprises tiles and widgets to represent a customized data or view of a subset of pertained datasets. 

Datasets are used to connect and import which can be renamed, removed, or explored depending on your needs. 

 

Bottom Line! 

Considering the rapidly changing market trends and increasing competitive scenario, MS Power BI helps every scale of businesses to access and leverage useful reports, intelligent data & statistical analytics in a custom visualized manner. Further to easily understand and make improved decisions to grow and scale.