Social Solutions Utilizing Business Intelligence Tools – Microsoft Power BI offers BI, reporting, and data visualization tools for individuals and teams. Power BI integrates with other Microsoft products and simplifies publishing and distribution. Does it fit your company?
Microsoft calls Power BI “a business analytics solution that lets you visualize your data and share insights across your organization or embed them in your app or website.” Leveraging individual products and services and how they work together gives a solution value and versatility.
Social Solutions Utilizing Business Intelligence Tools
The secure Microsoft cloud service Power BI lets users view dashboards, reports, and applications in a web browser or on Windows, iOS, and Android mobile apps.
Power BI Desktop is a free, self-service data analysis and reporting tool for Windows computers. It converts data from over 70 local and cloud sources into interactive visuals. Data scientists and developers use Power BI Desktop to create and upload reports.
Cloud-based Power BI Pro costs $10 per user per month. The ability to collaborate with other Power BI users and distribute reports and visualizations across the organization is the main difference between Power BI Desktop and Power BI Pro (see table below).
Microsoft Power BI documentation compares Desktop and Pro features in a table:
Premium is not software like Desktop and Pro. Premium lets organizations share reports in Microsoft’s hosted cloud. Based on users, workload, and other factors, an organization can scale up or down its capacity.
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If your company has many report and visualization creators who don’t share data, the Pro subscription may be enough. A Premium subscription is needed to share information internally and externally. Microsoft charges for Power BI Premium based on its virtual cores. Power BI has a pricing page.
Local report server. Report Server lets viewers view Power BI Desktop or Pro reports in a web browser, mobile device, or email. Report Server would benefit a cloud-limited company.
Power BI’s iOS, Android, and Windows 10 apps let users interact with data.
Business Intelligence Overview
Should your company use Microsoft Power BI? Power BI has seven benefits and one drawback:
Why not Power BI? Power BI Desktop is not available for Linux or Mac, but Pro and Premium can be accessed online from any web browser. Microsoft Power BI Desktop may not work for Mac users.
Power BI requires copying data from all sources into a data warehouse. An ETL tool replicates data in a cloud-based data warehouse like Microsoft Azure Synapse, making it easy to combine data from all sources for a business view.
A cloud-based ETL service like Stitch automates connecting to sources, extracting data, and uploading data, simplifying data ingestion. Power BI can then perform in-depth analysis.
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Business Intelligence can identify areas where more time and effort can be spent, lowering costs and increasing profits. Payroll data can improve payroll and employee services and comply with government regulations. Stephens Inc. cut labor costs by 50% by reducing processing time.
Xerox predicted employee traits that cause lost work and productivity using large data sets. This gave them 48,700 call center job options for future candidates.
Finally, O2 Ireland focused on its 65% social media-active customer base using BI technologies. O2 Ireland, part of Telefonica Europe, can use CRM (Customer Relationship Management) software to analyze and focus on a large portion of its customers who use social media for better customer engagement.
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Microsoft Power Bi: Benefits, Drawbacks, and Applications
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