How To Use Matrix Visual In Power BI? - PowerPoint PPT Presentation

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How To Use Matrix Visual In Power BI?

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Microsoft Power BI is a powerful suite of business analytics tools capable of delivering valuable insights into business performance through a sophisticated analysis of multiple data sources. The software excels at simplifying data, presenting complex information through interactive dashboards and providing reports which offer a 360-degree view of the business. – PowerPoint PPT presentation

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Title: How To Use Matrix Visual In Power BI?


1
Welcome To Loginworks Softwares
2
How To Use Matrix Visual In Power BI?
  • Microsoft Power BI is a powerful suite of
    business analytics tools capable of delivering
    valuable insights into business performance
    through a sophisticated analysis of multiple data
    sources. The software excels at simplifying data,
    presenting complex information through
    interactive dashboards and providing reports
    which offer a 360-degree view of the business.
    The visual interpretation of data in Power BI is
    one of the most exciting tools available. As most
    datasets include multiple levels of data, the new
    matrix visualization tool provides some exciting
    new opportunities for data analysis. In this
    blog, we will explore some important features of
    Matrix Visual in Power BI.

3
Anyone familiar with Microsoft Power BI will
already be aware with the broad selection of
visualizations that are included within the
off-the-shelf software. These include bar
charts, line graphs, scatter charts, pie charts,
funnels and gauges amongst many more. In addition
to these stock visualizations, it is possible to
download further options from the increasingly
popular online Power BI community where users can
also ask questions and share advice.
4
As a fairly new addition to Power BI, Matrix
Visual offers a powerful new addition to the
suite of analytics tools. This feature focuses on
the analysis of parent-child relationships within
a business, making it easier to interact with and
analyse hierarchical data. We can illustrate this
with examples from the consumer food retail and
electronics retail sectors.

Until recently a food retailer using Power BI
might select particular product sales figures
from all the different categories of products to
produce a visualization. Although useful, this is
a straightforward use of the tools applied to
fairly simple datasets which might have been
based around specific and unrelated categories.
For a food retailer, these might include fresh
Food, Healthcare, Tinned Products, Frozen
Products.
5
In reality, a retail store will have complex
hierarchical sets of data with multiple
interrelationships. For examples, if healthcare
is a product category, then within healthcare are
other groupings such as medicines, oral care,
skincare and vitamins. Within each of these
groups are further categories. For an electronics
retailer, this might translate to categories such
as Laptops, Desktops, Printers, Cameras.
This creates a hierarchy of different products.
The ability to then analyse specific products,
brands and product features within the hierarchy
all provides useful detail which will support
business decision making. The screengrab below
illustrates this using the example of consumer
electronics, and in the example below the
hierarchy of products is clearly illustrated.
6
To access and evaluate hierarchical information
7
To access and evaluate hierarchical information,
Matrix Visual offers a drill down feature which
enables users to drill down into the data to
offer new data analysis opportunities, including
the ability to carry out analysis using specific
rows, columns, individual sections and cells
within the datasets. These tools are all accessed
through the Visualizations pane which provides a
number of possible options for users to
interrogate data and to carry out data
analysis.
8
To get started with Matrix Visual users need to
enable the drill down function on the data set
rows of matrix visual this then sets up the
data to allow a detailed analysis of the
hierarchy. It is then possible to select specific
categories and to then drill down into that
category to view subcategories, enabling users to
then apply visualization tools to a greater range
of data and to explore the interrelationships
that exist to provide more detailed and
meaningful data.

Matrix Visual provides different options for
viewing data and works with existing controls
such as cross-highlighting to deliver impactful
data and visual interpretations which can be
manipulated easily to provide sophisticated
interpretation to support management information
systems and business decision making.
9
For the retail client example that we highlighted
earlier, Matrix Visual makes it possible to
compare store locations, product categories and
sub-categories to understand which products sell
best in each store location. For online
retailers, the data could be used to identify
where most customers are located and to provide
heat mapping of particular postcode areas. For a
consumer electronics brand, it is possible to
make decisions that will inform the selection of
products which should be stocked in different
stores based on location, sales patterns and
brands.

As we noted at the beginning of our blog, the
Power BI Community is a great source of advice
and support for Power BI users, and Microsoft is
bringing out new upgrades and enhancements almost
every month currently, many of which further
enhance the functionality and use of Matrix
Visual. In a world where businesses collect huge
volumes of data all the time, we think its an
exciting time to work in data analytics. Working
with Power BI to provide interesting, insightful
data to improve and enhance business decision
making is leading us towards an exciting new
technological revolution which can only help to
improve the way our clients do business.
10


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