Power BI – A Worthy Excel Successor
By Space Coast Daily // December 3, 2021
Microsoft Excel is still a staple of businesses of all sizes looking to organize and utilize data, and it’s been like this for decades. But, by releasing Power BI in 2014 and later implementing it in its Office 365 suite, Microsoft has introduced its successor that is going to replace the good old Excel in the near future.
In this article, we will talk more about Microsoft Power BI and tell you how it corrects some of the critical flaws Excel has and also how it builds upon the success of its older data processing cousin. We will tell you how it can help your business by improving productivity and decision-making, helping you grow.
Microsoft tools – the gold standard in data analytics
Gartner has recognized Microsoft as a Magic Quadrant Leader in analytics and BI, which is not surprising as the company is truly a leader in the industry when it comes to advanced data analytics tools. The central reason why Microsoft received the award is Power BI.
First, this comprehensive tool is powerful enough even for the biggest companies, such as Humana, Nestle, and Zurich. But, that doesn’t mean it is out of reach for smaller businesses, on the contrary. One of the biggest advantages Power BI has is that it allows even SMB owners to implement data analytics into their workflow and improve decision-making without autonomous cost increases.
While small businesses rely on Excel most of the time, Power BI has some distinct advantages and fixes some of the most significant drawbacks Excel has directly.
Advanced data visualization
First, Power BI collects data from various sources all over your business and presents it in easy-to-understand visual reports. This allows you to get through the information quickly, as the most important pieces are highlighted and hard to miss, unlike number-heavy spreadsheets.
But, what’s even more significant, Power BI lets you ask questions using natural language and get data-driven reports. That means complex information is visually digested, and your employees who aren’t tech-savvy can use the platform without major issues.
While this was possible with Excel, too, you would need to hire third-party gatekeepers to create complex formulas for you if you want to use them on a daily level. Because of this, you would rely on those individuals, which is never a good idea for vital business information.
Getting started with Power BI training
Power BI eliminated the need to hire third-party professionals or separate IT departments to run your data. Once you set up the platform correctly, your team members will be able to maintain it and use it on a daily level, improving decisions they make drastically.
To make sure the whole team is on the same page, it is best to leave Power BI training to professionals. Data Bear is Microsoft Gold Partner in Data Analytics and provides detailed Power BI training to companies in London and Manchester.
Our experienced lecturers will ensure your team masters Power BI platform to the fullest and ready to implement the knowledge the next day after completing the courses. Contact us now, and jump straight into the data-driven future of your company today.
