Be ready to mark new revolution in business intelligence-with power BI

Be ready to mark new revolution in business intelligence-with power BI

We are experts of revolutionary tool of BI. This new tool marks a new amazing way to visualize interactive data to level up your business performance. As always happens any new technology have many expectations of introducing something new, So it’s a really good news for you all that there are many new ways, filters and actions to make shine your data more brighter. Not yet, as we announced that, it is a new tool of BI so certainly it’s obvious that there are a great set of new features but the revolution is that, this new tool described as a power tool. So it includes new features with previous ones but with their upgraded versions. So POWER is perfect title for this power packed tool.

Not yet, as we announced that, it is a new tool of BI so certainly it;s obvious that there are a great set of new features but the revolution is that, this new tool described as a power tool. So it includes new features with previous ones but with their upgraded versions. So POWER is perfect title for this power packed tool.

Let’s Go Deep about Power BI:

Power BI is business analytics service introduced by Microsoft. This concept  was originally conceived by Thierry Dhers and Amir Netz’s of the SQL Server Reporting Services Team at Microsoft. It was actually designed by Ron George in the summer of 2010 and named Project Crescent. Project Crescent was initially available for public download on July 11, 2011 bundled with SQL Server Codename Denali. Later renamed to Power BI it was then unveiled by Microsoft in September 2013 as Power BI for Office 365. The first release of Power BI was based on the Microsoft Excel based add-ins: Power Query, PowerPivot and PowerView.
I cannot emphasize enough how important and vital this data modelling filter feature is to us as BI Consultants. You can see an example of it: 
Excel Data Model table filtering on Order Date


Advancement in Power bi:

With time, Microsoft also added many additional features in power BI like
. Question and Answers 
· Enterprise level data connectivity 
· Security options via Power BI Gateways.

Power BI was first released to the general public on July 24, 2015.Generaly Power BI named for providing two most featured services which known as below:

1.Business Analytics Services :- It provides interactive visualization with self-service business intelligence capabilities, where end users can create reports and dashboards by themselves, without having to depend on information technology staff or database administrators.   

2. Cloud-based BI Services :- It is along with a desktop based interface, called “Power BI desktop”. It offers data warehouse capabilities including data preparation, data discovery and interactive dashboards. In March 2016, Microsoft released an additional service called Power BI Embedded on its Azure cloud platform. One main differentiator of the product is the ability to load custom visualizations.

Why Power BI:

After reading above article, somewhere you find the importance and use of power BI for you and for your business. We turn complex analytics into visualizations that are approachable, exacting and intuitive. For everyone, yes power BI is not meant for any particular industry or organization. It is equally valuable and useful for everyone.

WHO CAN RECOGNIZE IT’S  IMPORTANCE FOR THEIR BUSINESS WITH THE VISIONS OF PRESENT AS WELL AS FUTURE. 

Because all intelligent, smart business and corporate people knows that all future time and upcoming business trends is just about technology. In future there is no scope of any business without technical supports, especially for management and visualization of data.

We can provide some fields where you need dashboards with power BI:

Customer Profitability:-

This industry sample analyzes a CFO’s key metrics for her executives, products, and customers. You can investigate what factors impact the company’s profitability.

Human Resources:-

This industry sample focuses on the hiring strategy for a company by analyzing new hires, active employees, and employees who’ve left.  By exploring the data, you can find trends in voluntary separations and biases in the hiring strategy.

IT Spend Analysis sample:-

This industry sample analyzes a manufacturing company, Van Arsdel Ltd. It allows the Chief Marketing Officer to watch the industry and the market share for Van Arsdel.  By exploring the sample, you can find the company’s market share, product volume, sales, and sentiment.

Opportunity Analysis:-

This industry sample explores a software company’s sales channel. Sales managers monitor their direct and partner sales channels by tracking opportunities and revenue by region, deal size, and channel.

Procurement Analysis:-

This industry sample analyzes a CFO’s key metrics for her executives, products, and customers. You can investigate what factors impact the company’s profitability.

Retail Analysis :-

This industry sample analyzes retail sales data of items sold across multiple stores and districts. The metrics compare this year’s performance to last year’s in these areas: sales, units, gross margin, and variance, as well as new store analysis.

Sales and Marketing:-

This industry sample analyzes a manufacturing company. It allows the Chief Marketing Officer to watch the industry and the market share for industry.  By exploring the sample, you can find the company’s market share, product volume, sales, and sentiment.

Supplier Quality:-

This industry sample focuses on one of the typical supply chain challenges supplier quality analysis. 

A business gets access towards its success just following right decisions, either these decisions about your administration or production, but as a decision maker before taking any decision you have to look out each and every important aspect of your related business field. These aspects may be your staff, client, production, future trends or most importantly business competitors.

So if you want to analyze your data and activity of your competitors in business market, and also want to predict their next move. Then you need to experience interactive dashboards of Finacle IT .

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