Today, data is all around us. But for any business, Knowing how to use it effectively is very important. Here comes a smart tool “Power BI” developed by Microsoft which enables businesses and people to understand their data in a better way. Using Power BI, you can easily make smart decisions by connecting with different pieces of data and looking at various patterns and trends. Power BI makes the data easy to understand and use. If you are interested in working with data or working in a business or if your job involves making decisions, Power BI will help you make the most out of the data in a simple way.
Power BI is a popular Business Intelligence tool used for data visualization for converting data from various data sources into BI reports and interactive dashboards. It offers interactive visualizations with self service business intelligence features where end users could themselves build reports and dashboards without relying on data administrators or information technology staff. Power BI also offers multiple connectors, services and software. Power BI comes with a plethora of connectors, services and softwares. The services are built on mobile Power BI apps and SaaS, which are accessible on several platforms. Business users use these services to access data and build BI reports.
Some of the reasons for using Power BI tool include:
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What does Power BI do?
Using Power BI, a business analytics service from Microsoft, Data is transformed into visual insights. Users connect to numerous data sources to generate interactive charts, graphs, and dashboards. Advanced computations are possible with its DAX language, and analysis is made easier using natural language queries. Tools for collaboration allow for secure report sharing and real-time interaction. Data modeling, Power Query, and integration with Microsoft services all improve data processing. Power BI provides a variety of editions, including Desktop, Pro, and Premium. It enables organizations to take well-informed decisions, promoting the expansion of data-driven businesses.
Power BI Dashboard
A Power BI dashboard also known as a canvas, tells the story through visualization. A well-designed dashboard only includes the key components of the story because it can only fit on one page. The dashboard's visualizations are called tiles. These dashboard tiles are pinned from reports. A dashboard's visualizations are derived from reports, and each report is as per one data set. On-site and cloud-based data can be combined in a dashboard. No matter where the data is located, they are offering a consolidated view.
The Power BI architecture includes three steps. The data handling process which is used in the first two phases is called ETL (extract, transform, and load).
Data Integration: The data that comes from various sources must be handled by an organization. The data will be first extracted from various sources, like your personal databases, servers, etc. The data is then stored at a shared space class as the staging area and is integrated into a standard format.
Data Processing: As processing is required before the data can be presented, the integrated data is not suitable for visualization. This data has been pre-processed.
For example, from the data sets, any duplicate or missing values would be removed.
Once the business rules are applied to the data, it will be turned into presentable data. The data warehouse will then be loaded with this data.
Data Representation: The many visualization tools that Power BI offers can be used to visualize the data considerably more effectively after it has been loaded and processed. With the dashboard and reports, our data representation is more understandable. The insights provided by these visual reports can be used by business end users to make decisions.
1. Power Query: This is used for searching, transforming, and accessing both internal and public data sources.
2. Power Pivot: Power pivot is a tool for in-memory analytics that is used in data modeling.
3. Power View: The data can be analyzed, visualized, and displayed using the power view to create an interactive data visualization.
4. Power Map: This interactive geographical visualization tool brings the data to life.
5. Power BI Service: Workbooks and data views that have been recovered from on-premises and cloud-based data sources can be shared.
6. Power BI Q&A: With the natural language query, you may ask any question and receive an immediate answer.
7. Data Management Gateway: You can expose tables and view data feeds as well as receive periodic data refreshers.
8. Data Catalog: You can locate and reuse queries by using the data catalog.
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Power BI provides a wide range of attractive benefits that improve reporting and data analysis procedures.
Power BI does, however, have some drawbacks. Users inside the same email domain are the only ones who can share the dashboard and reports.
Power BI offers a variety of versions you may pick from, depending on your budget and how you want to use it, ranging from free to premium. Let's quickly review each of these versions:
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In this blog we have covered various concepts of Power BI like What is Power BI, Why Power BI, What does Power BI do, Features of Power BI, Power BI Architecture, Power BI components, tools, career opportunities, etc. We hope now you have got a clear picture on what Power BI is. For more blogs stay tuned to HKR Trainings.
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Power BI will be easy to learn if you are having proper guidance from the experts. Otherwise you would find it difficult to learn. If you are someone interested in learning PowerBI, getting proper guidance from the experts is advised.
You need not have coding skills to learn Power BI. Power BI mainly relies on the user-friendly interface for building dashboards and reports. But, it uses formula languages like DAX(data analysis Expressions). However basic coding knowledge will be useful.
Power BI is a Business Intelligence tool that enables you to connect to a number of data sources, visualize the data in dashboards and reports, and then share them with whoever you want.