A Comprehensive Overview on Power BI

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A Comprehensive Overview on Power BI What is
Power BI? Data has become a lifeline of todays
businesses, and with amassing amount of data
being generated it has become integral for
businesses to make use of the data and turn it
into intelligible insights. To derive actionable
insight from their data, organizations are in
dire need of some business intelligence tools
like Power BI that is used for a variety of
purposes. Power BI is a collective name given for
cloud-based apps and services that facilitate
organizations to collect, manage, and analyze
data from a variety of sources through a user-
friendly interface. Organizations with the help
of Power BI can easily connect to their data
sources that can be an Excel sheet or a
collection of on-premises data warehouse and
cloud- based data, visualize, and discover
meaningful insights from the data to share it
with anyone or everyone they wish to share. What
is the role of Power BI? Power BI is data
visualization and business intelligence tool that
collects data from various sources and converts
it into interactive dashboards and analysis
reports. This data visualization and business
intelligence tool is used to run reports and
derive meaningful insights from the companys
data. Power BI not only allows organizations to
know about their past and present but also helps
them visualize the future scenario. Besides, this
tool is equipped with machine learning
capabilities that allow it to spot data patterns
and make use of those patterns to make informed
forecasts for the business. This further help
organization to prepare themselves for the future
challenges and allow them meets future demand and
other key metrics. What are the vital components
of Power BI? Power BI is a tool used to generate
dashboards and reports and its applications are
accessed by other users through desktop and
mobile devices. The five main components of Power
BI released in the market include Power Query -
It is a data connection tool that allows
organizations to transform, combine, and enhance
data collected from different sources.
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• Power Pivot - This data modeling tool is used to
  create data models for in-memory analytics.
• Power View - The data visualization tool is used
  to create interactive charts, graphs, maps, and
  other visuals.
• Power Map - This visualization tool brings data
  to life with interactive 3D visuals.
• Power QA - This QA engine allows organizations
  to ask questions related to their data using a
  natural language query.
• How organizations benefit from using Power BI?
• Organizations that prefer to have more reporting
  power and analytical features than offered by
  Excel can make use of Power BI, which is the next
  level of business intelligence software. Power BI
  allows an organization to collect, analyze, and
  visualize data from across the company to have a
  better insight into their operations and
  performance, and help them make more informed
  decisions based on real data. Find below some of
  the benefits that organizations enjoy
• Built-in machine learning feature in Power BI
  allows them to analyze data and determine
  valuable trends and make informed predictions.
• Organizations can visualize information through
  powerful templates that help them make better
  sense of their data.
• Organizations can create dashboards to quickly
  access the required data through the
  personalization capabilities of the tool.
• With an intuitive interface, Power BI turns out
  to be far more user-friendly and is easy to
  navigate compared to complex spreadsheets.
• Power BI ensures data safety, as it offers
  granular controls on both internal and
  external accessibility.