Power BI is a cloud-based business intelligence solution, which is used for data analysis and data visualization from a wide range of data sources. Alternatives to Power BI are QlikView and Tableau. These are also perfectly good examples of dashboarding tools with similar functionalities.
Benefits of Power BI
- Easy Integration
Power BI integrates easily with your existent business environment as it is a product of Microsoft.
- Personalised dashboards
The information dashboards can be customized according to the needs of any enterprise. The dashboards and BI reports can easily embed in the applications to provide a unified user experience.
- No speed or memory constraints
Data can be quickly retrieved and analyzed because the cloud environment with Power BI embedded eliminates memory and speed constraints.
- Publish reports securely
Automatic refreshing of data and publishing of reports securely allows the user to obtain the latest information.
- Easy access of data
Besides the integration with Microsoft techs such as SharePoint document or SQL databases, Power BI also integrates with non-Microsoft solutions such as Spark, Hadoop, SAP, Google Analytics etc.
- Cross platforms and devices
Power BI reports can be accessed from every device via an internet connection. Native apps are made available for iOS, Android and Windows devices.
- Drag-and-Drop functionality
Reports can easily be created through drag-and-drop functionality.
The online community has grown enormously over the past few years, where people share their ideas on building dashboards. Therefore, developers can easily learn from each other.
Examples of Power BI
Power BI reports can give you access to deeper insights into your data through analysis. For example a dashboard for a CFO can provide a clear overview of KPIs such as Net Income, Cash Flow, Total Sales and many more.