29 Jan Forbes reports that in 2018, businesses with under 100 employees have the highest rate of BI penetration or adoption.
Thank you for your visiting Mongolia and provided us Microsoft Power BI training service. First of all we would like to ask the most common question from our clients. Why Power BI?
Power BI is a business analytics solution that lets you visualize your data and share insights across your organization or embed them in your app or website. Connect to hundreds of data sources and bring your data to life with live dashboards and reports. It offers data warehouse capabilities including data preparation, data discovery and interactive dashboards. Microsoft team worked through long period of time to build a big umbrella called Power BI, this big umbrella is not just a visualization tool such as Tableau, it is not just a self-service data analysis tool such as PivotTable and PivotChart in Excel, it is not just a cloud-based tool for data analysis. Power BI is combination of all of those, and it is much more. With Power BI you can connect to many data sources (wide range of data sources supported, and more data sources add to the list every month). You can mash up the data as you want with a very powerful data mash up engine. You can model the data, build your star schema, or add measures and calculated columns with an In-Memory super-fast engine. You can visualize data with great range of data visualization elements and customize it to tell the story behind the data. You can publish your dashboard and visualization tool in cloud and share it to those who you want. You can work with On-premises as well as Azure/cloud-based data sources. And believe me there are much more things that you can do with Power BI which you can’t do with other products easily.
What is difference between using Power BI and other data tools?
Companies rely on data more than ever before, as almost all information is completely digitized. Business intelligence software makes sense of the modern data landscape. The best BI systems offer features that analyze and report data for streamlined presentation. Some of the top tools in the industry are Tableau, QlikView and Microsoft Power BI.Power bi is data analysis tool, which can be used for reporting and data analysis from the wide range of data source. Power bi is simple and user-friendly in use which helps business analyst skills and power users to work easily on it. For the complex and huge data analysis power bi is very useful. It is widely used for modeling and structuring of unshaped data. Power bi has more graphical component as compared to SSRS, it makes power bi more efficient and easier to use, whereas SSRS has the more manual effort for analysis and generating the reports. Power bi will be helpful to generate the report based on cloud data although it will analysis and generate the report on the basis of relational storage which can access through your computer but SSRS is only useful where your data resides on the system. Tableau and Power BI have varying strengths and weaknesses that are common when comparing BI tools. Tableau allows users to integrate an infinite amount of data points in their analysis and offers comprehensive support options. Power BI, on the other hand, may be better for smaller companies who are looking for a more affordable business intelligence solution. However, choosing one over the other depends on the user’s business size and needs. When selecting the appropriate Business Intelligence Software for your company it is recommended that you assess the functions, costs, and other critical data concerning the product and vendor.
What is advantage of the using Power BI in small, medium and enterprise businesses?
For decades now, business intelligence—the strategies and technologies that organizations use to analyze and understand their data—has long been considered the domain of big business. But as the technology continues to evolve, powerful BI software has become more available, accessible, and more affordable for the smaller set. More self-service tools are being designed for small and medium-sized enterprises (SMEs). As a result, even small businesses (1-100 employees) and medium-sized enterprises (100-1000 employees) can reap many of the crucial benefits that Big Business gets from their BI systems. need to improve performance and revenues in sales and marketing departments, small and medium-sized businesses are finally getting on the bandwagon, adopting or upgrading to BI systems in record numbers. Forbes reports that in 2018, businesses with under 100 employees have the highest rate of BI penetration or adoption. BI solutions are proving themselves to be well-suited to the small and medium-sized business arena. After all, if your business is collecting and operating with ever-growing volumes of data, it makes sense to put to work the tools that can extract the actionable insights and other metrics that can streamline your organization. For the purposes of brevity, descriptions of functionality are below to Microsoft’s Power BI platform.
- Better Decision-Making with Graphical, Real-time, and Highly Accessible Business Reporting
- Saved Time and Opportunity Costs
- Quickly Identify and Respond to Business Trends and Opportunities
- Increased Motivation and Teamwork
- Data Visualization
- Support for collaboration
- A wide variety of data integration.
- Focused dashboards for a variety of needs
- Customizable analytics
- Collaboration-centric user interface
- Hundreds of pre-built reports
Tableau and Power BI have varying strengths and weaknesses that are common when comparing BI tools. Tableau allows users to integrate an infinite amount of data points in their analysis and offers comprehensive support options. Power BI, on the other hand, may be better for smaller companies who are looking for a more affordable business intelligence solution.
What did you see the advantage and disadvantage when u training Mongolian guys on Power BI training last time?
It was a nice experience with Mongolian audience. They are hardworking and eager to listen the concept on the topic. I think little bit language issue but as these are technical trainings so that’s not important thing. End of the course participants should be knowledgeable on the technology and improve their productivity.