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Learn more about Business Intelligence & Power BI

Microsoft Power BI is a powerful business analytics tool that empowers organizations to visualize and analyze their data effectively. With its user-friendly interface and robust features, Power BI allows users to connect to various data sources, create interactive reports and dashboards, and gain valuable insights into their business operations.

What is Power BI?

Gain insights and analyze your company with Power BI.

Power BI is a part of the Microsoft Power Platform and the component that provides companies with tools for reporting, analysis, and tracking. Power BI is based on Business Intelligence, which is a set of various techniques and methods that digitally gather information from different data sources. The data sources of interest are those that impact your company, as Power BI can compile and analyze the collected data to provide insights into the business. For example, when it comes to sales, we could retrieve data from Business Central, and create a report in Power BI showing how you are performing against your budget, and what factors are negatively affecting sales, but the data source does not have to be Business Central at all. It could be something entirely different.

You choose which issues you want to learn more about, and Power BI is set up against sources that are relevant to the problem. Power BI gathers, measures, and analyzes the information to provide you with more knowledge on the subject. You gain insights that enable you to make decisions based on factual evidence rather than a gut feeling.

What can Power BI do for you?

Power BI helps you understand your business better by gathering and consolidating real data from a multitude of sources that impact your company. Within Power BI, there are tools for reporting, tracking, and analysis, enabling us to ultimately make better, more strategic decisions.

With graphs, charts, and reports as your starting point, you can drill down if you want to delve deeper into the numbers. Here, you compare correlations and identify factors, or trends that affect the business positively or negatively. Many companies use Power BI as a crucial support in their decision-making and cannot comprehend how a business can function without it.

Power BI has a wide range of applications

The analysis tool Power BI is not tied to a specific data source but can fetch and compile data from a variety of sources. This makes its scope of application very broad, and the biggest challenge sometimes becomes figuring out what you want to find out. What do you want to track? Companies across different industries and individuals with various roles within an organization can use Power BI to improve their tracking, understand their area of work better, and make better decisions.

A part of Microsoft’s ecosystem

Power BI is a part of Microsoft’s ecosystem and integrates seamlessly with other products in Microsoft 365, Dynamics 365, or Power Platform. The advantage of expanding your own portfolio of Microsoft products is that these different products are easy to connect, and you benefit from their close relationship by avoiding the need to build complex integrations with other systems. Specifically, Excel and Power BI work very well together, allowing you to manipulate and transfer data between the apps to extract the information you need. Additionally, since Power BI is part of the Power Platform, you can easily build smart automation and workflows around events in Power BI.

Anton sjöstedt

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