Dynamic Web Training BlogMicrosoft Power BI is a tool for data analytics. The most evident advantage of using Power BI is its ability to access data from multiple sources.
Microsoft Excel is the most widely used data source in Power BI. Users may retain their data on-site/on-premises or in the cloud services (OneDrive, SharePoint, or Google Drive).
In today’s fast-paced business world, data is a crucial asset. Every organisation generates large volumes of data daily. Effectively utilizing data involves transforming it into meaningful and actionable information. This is where Business Intelligence (BI) becomes important.
Excel has been by far the most widely used tool for managing and analysing data for several years. It is popular, simple to understand, and flexible for various applications. However, as a business grows and its data requirements evolve, Excel users face constraints in terms of scalability and functionality. That’s where Microsoft’s Power BI comes in. It is a robust data processing tool that allows users to solve more complex tasks without much effort.
When it comes to business intelligence as well as data visualization, there are many players including new ones coming up day in day out. Nevertheless, the most considered tools are Power BI and Tableau. That’s because they have a great blend of brand recognition, reasonable prices and ease of use.
Today, Power BI is widely used in Data Analytics and Business Intelligence & adopted by a lot of companies as a BI tool of choice. The ease of simplifying complex data & sharing it visually is what makes it one of the best. While there are various competitors to Microsoft Power BI, it has many features that make it better than the others. Creating attractive and comprehensive visual dashboards is one of its primary features. Before moving on to creating the first dashboard, let us recall Power BI has basic 3 functions & several features.