Data is everywhere. In today’s digital world, organizations are generating a massive amount of data every second. But gathering heaps of digital information isn’t much of use unless organizations can make sense of it and leverage it. That’s where business intelligence software comes in. One such tool making waves is the Power BI platform developed by Microsoft.
This flagship software help enterprises transform existing raw data into resourceful insights that can increase transparency, enhance interdepartmental collaboration, and drive business efficiency. If you’re someone who wishes to learn how to harness PowerBI’s potential to extract useful, actionable insights from data then you’ve come to the right place.
It is a cloud-based business intelligence platform that enables enterprises to visualize data and share insights across the organization or embed them within the app or website. This platform comprises apps, services, and connectors that convert a company’s raw data into interactive, graphical, and intelligible insights.
Listed below are the unique features of this platform that enables reading data to create insights, forecast and implement an appropriate plan of action to help address a wide range of business priorities.
Partner with us to turn the data dumps into goldmines of information with interactive dashboards and reports that improve business decisions.
This business intelligence platform from Microsoft is built on the company’s own data center – Azure Cloud. Listed below are its components;
MS Power BI architecture involves few important steps that describe the end-to-end workflow from data sourcing to the reports and dashboards creation. Various technologies and processes work together to get the desired outcomes with extreme precision. Now let’s understand its navigational flow.
Power BI can supply information from cloud-based online data sources or connect directly to live connections.
Here is the list of some common & supported Data Sources:
A desktop-based software, it offers numerous functionalities & tools that enable data integration from the existing database applications to combine the input into data models. This allows report designers to create visual reports and perform data analysis which can be easily shared with other users.
A SaaS-based online service that doesn’t require a typical hardware environment setup and software installations. It enables you to move your secure information over the cloud network. This Power BI Online service is best suited to share and publish the reports generated on Power BI Desktop.
It allows protecting accessing information & input available in an on-premise network. This is by acting as the guard for on-premise data sources. If a user needs to access on-site data from a cloud or web-based app, the request gets processed through the gateway.
Be it iOS, Android, with Power BI mobile, you can access live dashboards and reports on the device of choice. It allows viewing on-premises data stored in SQL Server, or cloud data.
This platform combines scalability with self-service along with enterprise analytics that enables organizations to save money and reduce security issues.
It is with three fundamental components;
While we’ve shared with you the specifics regarding the tool, core components and more. It’s now to show you in real-time what we at Rishabh have an experience of by utilizing this tool.
How we helped a Canada-based credit union bank improve transaction safety & enhance customer experience
The banking institution wanted to develop a real-time fraud detection & prevention system to increase operational efficiency. Our team utilized Power BI capabilities to develop the solution that offers preventive action with related data visualization on potential fraudulent scenarios and how to avoid them by minimizing the impact.
How a US-based Flexible Intermediate Bulk Container (FIBC) manufacturer wanted to streamlined production planning
Originally the client was looking to migrate from a traditional MS Excel-based daily production reporting system to an automated system capable of streamlining production planning. It is through real-time insights-based projections. We developed a fully automated production planning & reporting system to plan, track & measure goods manufacturing against the set goal, ensuring the optimum utilization of plant capability and resources.
Power BI is an excellent and robust tool to make data-driven business decisions and it is going to be around in the world of data visualization for a pretty long time. In today’s fast-growing world, the leadership team that recognizes the value and core importance of next-gen business intelligence will craft a business to stand the test of time. Therefore a carefully chosen business partner, who has the right understanding of how to leverage it properly to model, perform real-time & predictive analytics for extracting actionable insights from their massive data.
Rishabh Software is a Microsoft-certified partner who possesses great strength & hands-on experience in leveraging the different components of the MS ecosystem. With custom Power BI development services, whether it is on-premise or on the cloud we can help plan & strategize to creating custom reports and interactive dashboards.
Let us help you to leverage Power BI to identify gaps and opportunities by extracting powerful insights from data.