BlogWhat is Microsoft Power BI?
Power BI is Business Intelligence Reporting tool from Microsoft. Business intelligence (BI) is a technology-driven process for analyzing data and presenting actionable information to help executives, managers, and other corporate end users make informed business decisions. BI dashboards provide a 360-degree view of business users with their most important metrics in one place, updated in real time, and available on all of their devices. Creating a dashboard is simple and easy.
Why is business intelligence important?
The potential benefits of business intelligence tools include accelerating and improving decision-making, optimizing internal business processes, increasing operational efficiency, driving new revenues and gaining a competitive advantage over business rivals. BI systems can also help companies identify market trends and spot business problems that need to be addressed.
Types of BI tools
Business intelligence combines a broad set of data analysis applications
- Desktop BI
- Mobile BI
- Real-time BI
- Operational BI
- Cloud BI
Analyzing sales data from Excel and an OData feed
Power BI Desktop, you can connect to all sorts of different data sources, then combine and shape them in ways that facilitate making interesting, compelling data analysis and visualizations. It's common to have data spread across multiple data sources, such as product information in one database, and sales information in another. The techniques used in data analysis are Excel workbook and an OData feed, but these techniques can be applied to other data sources too, like SQL Server queries, CSV files, or any data source in Power BI Desktop. For more information: https://www.ceymplon.lk/service/it-service/tech-consultancy
