What is Microsoft Power BI?
Microsoft Power BI Benefits
There has been a lot of buzz about Power BI is and the potential benefits it can have for businesses, and for good reason. Microsoft Power BI’s suite of business analytics tools allows you to connect to hundreds of data sources, simplify data prep, and drive ad hoc analysis. It enables you to produce polished reports, which can be easily published and consumed on the web and across mobile devices. These types of complex, accurate, and well-executed reports can save businesses time and money and help cultivate customer relationships.
The benefits of Power BI:
- Excellent data visualization with the ability for users to access dashboards from the web or their mobile device
- Embedded visualizations inside of corporate applications
- Gateways to access on premise data directly from the cloud
Microsoft Power BI Limitations
While Power BI does offer tremendous potential for a business, it is not an end-to-end solution when left solely in the hands of the average business user. Power BI is a Microsoft solution meant to expand your reporting tools, not replace. Most companies will still rely on their corporate data warehouse solution for high volume processing and complex queries. Power BI’s data model will more commonly be used for one-time reports or reporting on small data sets.
The limitations of Power BI:
- A data modeling background is necessary unless you already have all of your data in ONE streamlined data source such as a data warehouse or analysis services database
- Delegation of security, user access, and setting up gateways requires ongoing IT involvement
- Many people think that Power BI is free (there is a limited free version), but the paid version is typically needed for all users in a corporate environment
Business changes fast. To get ahead of the changes, you need to have insight into trends within your company and be able to predict changes on the horizon. You need access to a powerful, reliable business intelligence solution. Microsoft offers one such solution in its Power BI suite of tools.
For more information on using Power BI, Power BI with Dynamics NAV, or business intelligence tools in general, please contact ArcherPoint and one of our consultants will be happy to help find the best solution to help your business grow.